by Dan Mitchell | May 1, 2016 | Blogs, Economics, Socialism
I’m a proud advocate and defender of capitalism for the simple reason that it is a system that is consistent with human freedom while also producing mass prosperity that was unimaginable for much of human history. Jurisdictions that embrace capitalism enjoy great...
by Dan Mitchell | Apr 18, 2016 | Big Government, Blogs, Free Market
Since Pope Francis is very critical of capitalism, I suppose it’s fitting that he had a special meeting with America’s crazy-Uncle-in-the-attic, Bernie Sanders. With my sixth-grade sense of humor, I confess that my initial instinct (perhaps motivated by the famous...
by Dan Mitchell | Apr 1, 2016 | Big Government, Blogs, Economics, Socialism
The debate over socialism shouldn’t even exist. Everywhere big government has been tried, it has failed. And we have reams of evidence that free-market economies dramatically out-perform statist economies. Yet the siren song of socialism still appeals to a subsection...
by Dan Mitchell | Mar 9, 2016 | Big Government, Blogs, Economics, Europe
I wrote yesterday that many European nations are doomed to demographics and fiscal chaos, but a lot of people don’t care that much about the future. Bernie Sanders, for instance, looks at nations such as Denmark and Sweden today and says that America should copy their...
by Dan Mitchell | Mar 6, 2016 | Big Government, Blogs
Of the 4,000-plus columns I’ve produced blogging since 2009, two of the most popular posts involve semi-amusing stories that highlight the failure of socialism, redistributionism, and collectivism. “The Tax System Explained in Beer” is the third-most-viewed post of...
