by Dan Mitchell | Jan 17, 2020 | Blogs, Economics, Free Market
I’ve always been puzzled by those who criticize capitalism (“it’s unfair!” and “it’s coercive!”) and urge its overthrow or replacement. I actually agree with them that markets can be harsh, especially in the short run (think of the damage to the typewriter industry...
by Dan Mitchell | Jan 15, 2020 | Big Government, Blogs, Economics, Socialism
I’ve written about some of Elizabeth Warren’s statist proposals, but watching last night’s Democratic debate convinced me that I need to pay more attention to Bernie Sanders’ agenda. When he ran for president last time, I warned that his platform of $18 trillion of...
by Dan Mitchell | Jan 8, 2020 | Big Government, Blogs
Last month’s election in the United Kingdom attracted considerable attention, not only because it would decide Brexit, but also because of the potential risk of a hard-left Labour government in the world’s 5th-largest economy. The British dodged that bullet but the...
by Dan Mitchell | Dec 1, 2019 | Big Government, Blogs, Economics, Socialism
Fifty years ago, Venezuela was ranked #10 for economic liberty and enjoyed the highest living standards in Latin America Today, the nation is an economic disaster. Hugo Chavez and Nicolas Maduro deserve much of the blame. Their socialist policies have dropped...
by Dan Mitchell | Nov 26, 2019 | Blogs, Economics, Free Market
I’m a big fan of Marco Rubio. The Florida Senator has been very good on some big issues and on some small issues. And he’s willing to fight important philosophical battles. No politician is perfect (for instance, Rubio defends sugar subsidies), so I’ve always judged...
