Socialism

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How Not to Desocialize: Argentina Edition

Economic FreedomPoliticsSocialismWorld History

Blog12/04/2023

While Argentina president-elect Javier Milei plans to privatize state-owned enterprises, there is a right way and a wrong way to privatize these entities. Murray Rothbard and Hans-Hermann Hoppe show the way.

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Ezra Klein's Progressivism Cannot Build Anything Socially Useful

LiberalismProgressivismSocialismU.S. Economy

Blog12/02/2023

Ezra Klein of the New York Times despairs of government’s impotence in building vast projects from energy grids to high-speed railways. He believes granting government absolute power is the answer.

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Overcoming Chinese Communist GDP Myths

Big GovernmentEconomic PolicySocialismWorld History

Blog11/25/2023

While China achieved strong economic growth in the post-Mao years by allowing free markets to work, the Communist leadership wants to return the economy to its old socialist ways. However, while the government can give fake growth numbers, it cannot reverse socialist failures.

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Seven Reasons to Abandon the Public Health System

Big GovernmentBureaucracy and RegulationHealthSocialism

Blog11/24/2023

Government-run medical systems are always touted by political elites, who usually take advantage of private care themselves. It is time for everyone else to have access to the same system.

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China’s Inefficient and Unsustainable Central Planning

Economic PolicyGlobal EconomySocialismWorld History

Blog10/31/2023

China's so-called economic miracle is running into the ground as the reality of central planning becomes increasingly obvious and an economic reckoning looms.

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No Monetary or Political Bailouts for Belt-and-Road Initiative Debtors

Big GovernmentCronyism and CorporatismSocialismWar and Foreign Policy

Blog10/30/2023

The countries have changed, but the story remains the same. Wealthier countries try to “invest” by lending money to African regimes, where the money disappears. This time, China is the big lender.

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The Inherent Evils of Centrism

AntipoliticsPhilosophySocialism

Blog10/13/2023

Most people will claim to be political and social “moderates” yet actually accept extreme socialist viewpoints.

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Is There Inflation in Government-Financed Goods and Services?

Big GovernmentInflationSocialismTaxes and Spending

Blog10/07/2023

Governments are fond of accusing private firms of “greed” when prices increase during periods of inflation. However, they fail to tell the public that government services also face price increases.

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Taking a Closer Look at the Vaunted Scandinavian Welfare States

DemocracyEuropePoliticsSocialism

Blog10/06/2023

While politicians like Bernie Sanders and AOC tout the Scandinavian welfare model for the USA, there are a few things to understand about these countries and the economies that support their welfare programs.

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Will Dollarization Work in Argentina?

Economic PolicyGlobal EconomyInflationMonetary PolicySocialism

Javier Milei has promised to make the US dollar Argentina's currency if he is elected. Whether it will help the Argentine economy is another matter.

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