by Dan Mitchell | Apr 2, 2018 | Big Government, Blogs
Yesterday’s column looked at the continued government-caused decay of Venezuelan society. To put it mildly, it’s a very sad story of how pervasive statism can destroy a country. I also wondered whether leftists such as Bernie Sanders, Michael Moore, and Jeremy Corbyn...
by Dan Mitchell | Apr 1, 2018 | Big Government, Blogs
As far as I’m concerned, everything you need to know about capitalism vs. statism is captured in this chart comparing per-capita economic output in Chile and Venezuela. Ask yourself which country offers more opportunity, especially for the poor? The obvious answer is...
by Dan Mitchell | Feb 13, 2018 | Big Government, Blogs
It’s now a pattern. I’ll come across a soul-sapping story about terrible suffering caused by statism in Venezuela and I think the country has hit rock bottom. Such as back in September, when I read about people literally starving. But then I will read another report...
by Dan Mitchell | Jan 6, 2018 | Blogs, Economics, Socialism
In recent months, I’ve written two very lengthy columns about the deterioration of Venezuela’s evil government. And I’ve also looked at long-run economic data to show how statism produces awful results for ordinary people. But I sometimes think anecdotes are the most...
by Dan Mitchell | Jan 1, 2018 | Big Government, Blogs, Welfare and Entitlements
Happy New Year! We listed yesterday the good and bad policy developments of 2017, so now let’s speculate about potential victories and defeats in 2018. Here are two things I hope will happen this year. Welfare reform – If my friends and contacts on Capitol Hill are...