by Dan Mitchell | Jul 30, 2016 | Big Government, Blogs, Economics
Maybe it’s just because I’m a wonk, but it seems that comparing long-run growth rates in various nation sets up a slam-dunk argument for the superiority of free markets and small government. Whether it’s North Korea vs. South Korea, Cuba vs. Chile, or Ukraine vs....
by Dan Mitchell | Jul 3, 2016 | Big Government, Blogs
The economic and humanitarian crisis in Venezuela is the predictable result of statism run amok. And I will confess a bit of Schadenfreude has suffused my columns on the topic. I very much enjoyed mocking leftists who have tried to rationalize Venezuela’s economic...
by Dan Mitchell | Jun 6, 2016 | Blogs, Economics
At the risk of oversimplifying, libertarians want to minimize the level of government coercion is society. That’s why we favor both economic liberty and personal liberty.Simply stated, you should have the right to control your own life and make your own decisions so...
by Dan Mitchell | Jun 4, 2016 | Big Government, Blogs
Socialism is a very bad concept. It deserves mockery rather than respect. But that’s true of all statist ideologies. Last year, as part of a column on the collapse of the Soviet Empire, I put together a statism spectrum showing the degree to which various nations...
by Dan Mitchell | May 30, 2016 | Big Government, Blogs, Economics
I feel sorry for the Venezuelan people, but I’m perversely glad that the country is collapsing. That’s because it’s nice to have proof that Margaret Thatcher was right when she famously warned that the problem with socialism is that you eventually run out of other...
