Here’s an excerpt from the column’s conclusion. Movimiento al Socialismo reaped the benefits of the pro-market economic reforms of the 1980s and 1990s, but now Bolivia is beginning to harvest the fruits of nearly two decades of socialism: crisis, misery, and decay. I’ll close by noting...
To be more specific, most of Europe’s redistribution spending is financed by high tax burdens on regular people. Yes, European politiciansimpose onerous burdenson upper-income taxpayers, but there simply are not nearly enough rich people to finance big government. So those politicians have responde...