When it comes to bizarre government policy, Greece truly is special.

I’ve written a couple of serious posts about the death panels at the VA’s government-run health facilities. I think it’s particularly important to understand that the problem has nothing to do with funding levels. Instead, it’s about the chronic inefficiency of government. But sometimes mockery is more effective than analysis, and this Remy video, produced by Reason […]

Haiti may be the poorest nation in the Americas. Cuba may have the dictator with the longest lifespan. But Venezuela arguably has the worst government. Not the clownish dictator, Hugo Chavez, is trying to repeal the laws of economics. How’s that working out for him? Well, here’s some of what the New York Times wrote. […]

Okay, the title’s an exaggeration, but this chart is rather revealing. It shows how per-capita GDP has changed between 1980 and 2008 in Chile, Argentina, and Venezuela. As you can see, Chile used to be the poorest of the three countries and now it is comparatively rich. Argentina has enjoyed a bit of growth. Venezuela, […]