The Brutal Impact of North Korean Statism

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The Brutal Impact of North Korean Statism

December 19, 2011 by Dan Mitchell

One hopes that the dictator of North Korea suffered greatly before he died. After all, his totalitarian and communist (pardon the redundancy) policies caused untold death and misery.

But let’s try to learn an economics lesson. In a previous post, I compared long-term growth in Hong Kong and Argentina to show the difference between capitalism and cronyism.

But for a much more dramatic comparison, look at the difference between North Korea and South Korea. Hmmm…, I wonder if we can conclude that markets are better than statism?

And if you like these types of comparisons, here’s a post showing how Singapore has caught up with the United States. And here’s another comparing what’s happened in the past 30 years in Chile, Argentina, and Venezuela.

Posted in Big Government, Economics, Government Thuggery, North Korea, South Korea, Statism | Tagged Economic growth, North Korea, Prosperity, South Korea, Statism | 143 Comments

143 Responses

on March 5, 2023 at 5:53 am State and Local Spending Since 1962: DC, Alaska, Delaware, New Mexico and New York Growing Fastest Relative to Income | The Daily Hatch

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on December 26, 2022 at 11:13 am Convergence and Divergence for the United Kingdom | International Liberty

[…] does/did South Korea out-perform North […]
on December 24, 2022 at 8:58 pm Dan Mitchell: Continuing Migration from Blue States to Red States | The Daily Hatch

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on November 21, 2022 at 2:02 am Dan Mitchell: “This is an opportunity to see how all the pandemic spending by Washington has encouraged bad fiscal policy at the sub-national level!” | The Daily Hatch

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on October 18, 2022 at 5:03 pm DAN MITCHELL ARTICLE Congratulations to Estonia (Again) | The Daily Hatch

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on October 13, 2022 at 5:15 pm DAN MITCHELL ARTICLE America’s Best and Worst Governors | The Daily Hatch

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on October 10, 2022 at 5:13 pm DAN MITCHELL ARTICLE Politician of the Year | The Daily Hatch

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on October 6, 2022 at 5:22 pm DAN MITCHELL If you’re wondering which economists are right, there’s a lot of evidence that taxpayers are sensitive to changes in tax rates, Especially upper-income taxpayers, in part because they have significant control over the timing, levels,

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on September 20, 2022 at 5:29 pm Dan Mitchell: California is a beautiful state, but it seems politicians are trying to drive away people and businesses with terrible policies! | The Daily Hatch

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on August 28, 2022 at 2:58 pm Dan Mitchell: What accounts for Switzerland’s “improbable success“? How did a small, land-locked nation with few natural resources become so successful? | The Daily Hatch

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on August 25, 2022 at 9:27 pm Dois desafios para os social-democratas defensores do intervencionismo estatal e de um estado grande | REDE BARRETO

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on July 12, 2022 at 12:00 am DAN MITCHELL ARTICLE Attract the Best and the Brightest with Low Tax Rates | The Daily Hatch

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on June 30, 2022 at 10:45 pm DAN MITCHELL “Just as many states compete to be the worst, the same is true for cities. Yes, New York City is a mess, but is it better or worse than places such as Chicago, Seattle, Minneapolis, Detroit, and San Francisco?” | The Daily Hatch

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on June 20, 2022 at 6:03 pm DAN MITCHELL ARTICLE California’s Grim Future | The Daily Hatch

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on June 16, 2022 at 5:05 pm DAN MITCHELL ARTICLE Will the Real Oil Profiteer Please Stand Up? | The Daily Hatch

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on June 4, 2022 at 10:17 am DAN MITCHELL ARTICLE “Courtesy of the Tax Foundation, here are the states that have lowered personal income tax rates and/or corporate income tax rates in 2021 and 2022!” | The Daily Hatch

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on February 15, 2022 at 6:09 pm Dan Mitchell article notes, ”Democrats in Congress have made it much easier for state-level Republicans to slash taxes this year… That’s because Democrats have shoveled a ton of federal money onto the states!” | The Daily Hatch

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on January 20, 2022 at 1:40 pm Communism Humor | International Liberty

[…] fourth item shows the results of a real-world experiment between capitalism and […]
on December 26, 2021 at 11:32 am WHAT WERE SOME OF THE CAUSES THAT BROUGHT DOWN COMMUNISM IN USSR?Eurythmics star Dave Stewart has claimed… in a conversation the songwriter had with former Soviet leader Mikhail Gorbachev “What Gorbachev was saying — it was Dallas, the TV show. �

[…] P.P.S. If you want other examples of how communist economics led to terrible outcomes, you can also compare Czechoslovakia to nations in Western Europe, as well as Cuba vs Chile and North Korea vs South Korea. […]
on December 26, 2021 at 11:27 am WHAT WERE SOME OF THE CAUSES THAT BROUGHT DOWN COMMUNISM IN USSR?Eurythmics star Dave Stewart has claimed… in a conversation the songwriter had with former Soviet leader Mikhail Gorbachev “What Gorbachev was saying — it was Dallas, the TV show. �

[…] P.P.S. If you want other examples of how communist economics led to terrible outcomes, you can also compare Czechoslovakia to nations in Western Europe, as well as Cuba vs Chile and North Korea vs South Korea. […]
on December 26, 2021 at 11:25 am WHAT WERE SOME OF THE CAUSES THAT BROUGHT DOWN COMMUNISM IN USSR?Eurythmics star Dave Stewart has claimed… in a conversation the songwriter had with former Soviet leader Mikhail Gorbachev “What Gorbachev was saying — it was Dallas, the TV show. �

[…] P.P.S. If you want other examples of how communist economics led to terrible outcomes, you can also compare Czechoslovakia to nations in Western Europe, as well as Cuba vs Chile and North Korea vs South Korea. […]
on December 26, 2021 at 8:24 am Celebrating the Death of the Evil Empire | International Liberty

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on October 6, 2021 at 6:15 pm Dan Mitchell article How Free Markets Made Us Rich | The Daily Hatch

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on September 22, 2021 at 10:57 am Economic Freedom and Income Mobility | International Liberty

[…] hardly a surprise for anyone who’s compared North Korea and South Korea. Or West Germany and East […]
on August 31, 2021 at 11:59 pm Dan Mitchell article Quantifying the Damage of Biden’s Plan for Higher Taxes on Capital Gains, Part I | The Daily Hatch

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on August 29, 2021 at 9:01 pm DAN MITCHELL ARTICLE Washington DC raising taxes on itself! | The Daily Hatch

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on July 29, 2021 at 12:44 pm The (Anti-) Convergence Club | International Liberty

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on July 25, 2021 at 11:03 pm Dan Mitchell article “Cuba’s Socialism Has Been a Total Failure” | The Daily Hatch

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on July 24, 2021 at 1:48 pm Cuba’s Socialism Has Been a Total Failure | International Liberty

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on July 16, 2021 at 5:00 pm Dan Mitchell article States Lowering Income Tax Rates | The Daily Hatch

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on June 14, 2021 at 5:01 pm DAN MITCHELL ARTICLE The Continuing Story of Tax Migration | The Daily Hatch

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on March 14, 2021 at 8:43 pm Dan Mitchell article California Politicians Help Workers…into the Unemployment Line | The Daily Hatch

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on February 17, 2021 at 10:50 pm DAN MITCHELL ARTICLE Texas vs. California, Part VII | The Daily Hatch

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on February 3, 2021 at 11:23 am A Case Study of How Venezuelan Socialism Killed the Goose with the Golden Eggs | International Liberty

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on November 22, 2020 at 4:00 am OPEN LETTER TO BARACK OBAMA ON HIS AUTOBIOGRAPHY “A PROMISED LAND” Part 1 On the 57th anniversary of JFK’s passing: By the way Democrats today would claim JFK was guilty of encouraging “rapacious capitalism” because he signed legislation that wa

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[…] North Korea vs. South Korea […]
on December 11, 2019 at 12:52 pm Margaret Thatcher Debunks the Leftist Agenda on Income Equality | International Liberty

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on February 12, 2019 at 6:09 am Dois desafios para os social-democratas defensores do intervencionismo estatal e de um estado grande | Clic Noticias

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on January 11, 2019 at 10:12 am The Impressive Rise (and Potential Fall) of South Korea | International Liberty

[…] of the most dramatic examples is South Korean prosperity versus North Korean […]
on September 24, 2018 at 1:36 am En todo el mundo vemos el vínculo entre la libertad económica y la prosperidad nacional, por Mises Hispano. – Minarquia 2

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on August 18, 2018 at 10:34 am Forget Globalism: There’s a Link Between Economic Liberty and National Prosperity - HiddenHandNews

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on August 15, 2018 at 11:30 am The Link Between Economic Liberty and National Prosperity | International Liberty

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on July 26, 2018 at 4:10 pm A Venezuela está indo para o quarto círculo do inferno estatista | Academia Liberalismo Econômico

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on July 7, 2018 at 9:55 am 5000 Columns | International Liberty

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on June 28, 2018 at 7:32 am The Western World’s Most Depressing Chart | International Liberty

[…] South Korea has been a great success story for the past five decades, but that redistribution trendline is very […]
on April 13, 2018 at 1:04 am La política económica importa: El ejemplo de Botsuana frente a Sudáfrica y Zimbabue, por Mises Hispano. – Minarquia 2

[…] amistosas con el mercado con jurisdicciones estatistas. Ya comparemos a Chile con Venezuela, Corea del Norte con Corea del Sur o Hong Kong con Argentina, los resultados siempre muestran que la libertad económica es la receta […]
on April 1, 2018 at 2:41 pm Why Botswana Is Better Off Than Zimbabwe (Republished) – Eccentric Delusions of Neb

[…] jurisdictions with statist jurisdictions. Whether we’re looking at Chile vs. Venezuela, North Korea vs. South Korea, or Hong Kong vs. Argentina, the results always show that economic liberty is the recipe for […]
on March 29, 2018 at 9:17 am Economic Policy Matters: The Example of Botswana vs. South Africa vs. Zimbabwe | International Liberty

[…] jurisdictions with statist jurisdictions. Whether we’re looking at Chile vs. Venezuela, North Korea vs. South Korea, or Hong Kong vs. Argentina, the results always show that economic liberty is the recipe for growth […]
on March 29, 2018 at 9:17 am Economic Policy Matters: The Example of Botswana vs. South Africa vs. Zimbabwe | International Liberty

[…] jurisdictions with statist jurisdictions. Whether we’re looking at Chile vs. Venezuela, North Korea vs. South Korea, or Hong Kong vs. Argentina, the results always show that economic liberty is the recipe for growth […]
on February 22, 2018 at 8:24 am Good News for the United States in Updated Rankings for Economic Freedom | International Liberty

[…] sure the world’s most suffocatingly statist regime since the socialist hellholes of Cuba and North Korea weren’t included (because of a lack of acceptable […]
on January 19, 2018 at 12:12 pm Another Dose of Communism Humor | International Liberty

[…] amusing, let’s not forget (as captured by these two short videos) that it actually represents utter misery and unimaginable agony for millions of innocent […]
on November 19, 2017 at 10:21 am 100 Years of Communism, 100 Million Deaths, and the Lingering Horror of North Korea | International Liberty

[…] Speaking of tyranny, North Korea wins the prize for practicing the purest remaining form of communism. But that’s not a prize worth winning. Unless the goal is horrific poverty and suffering. […]
on November 6, 2017 at 11:41 am A Humorous Lesson about Socialism | International Liberty

[…] do wonder whether a year in some hellhole such as Venezuela, North Korea, or Cuba would change their […]
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[…] As an economist, I focus on the material failure of communism and I’ve tried to make that very clear with comparisons of living standards over time in Cuba and Hong Kong as well as in North Korea and South Korea. […]
on October 31, 2017 at 4:34 pm Milton Friedman and Francis Schaeffer and Dan Mitchell on Communism | The Daily Hatch

[…] As an economist, I focus on the material failure of communism and I’ve tried to make that very clear with comparisons of living standards over time in Cuba and Hong Kong as well as in North Korea and South Korea. […]
on October 30, 2017 at 11:30 am An Anniversary of Evil: 100 Years of Communism, 100 Million Deaths | Lex Rex for All

[…] As an economist, I focus on the material failure of communism and I’ve tried to make that very clear with comparisons of living standards over time in Cuba and Hong Kong as well as in North Korea and South Korea. […]
on October 30, 2017 at 10:56 am An Anniversary of Evil: 100 Years of Communism, 100 Million Deaths | International Liberty

[…] As an economist, I focus on the material failure of communism and I’ve tried to make that very clear with comparisons of living standards over time in Cuba and Hong Kong as well as in North Korea and South Korea. […]
on October 24, 2017 at 8:46 am Is New Zealand Prime Minister Jacinda Ardern Vacuous, Sinister, Dishonest, or Clueless? | People's Pundit Daily

[…] in the world. Maduro in Venezuela would be a prime example, and you can add the dictators of North Korea, Cuba, and other hellholes to that […]
on October 23, 2017 at 12:09 pm The New Prime Minister of New Zealand: Vacuous, Sinister, Dishonest, or Clueless? | International Liberty

[…] in the world. Maduro in Venezuela would be a prime example, and you can add the dictators of North Korea, Cuba, and other hellholes to that […]
on August 30, 2017 at 12:11 pm Disagreeing with Liberal Socialism, Despising Marxist Socialism | International Liberty

[…] But I utterly despise the totalitarian regimes in Venezuela and North Korea. […]
on August 16, 2017 at 6:24 pm A Two-Question Challenge for Supporters of Intervention and Big Government | International Liberty

[…] libertarian perspective, I can cite lots of examples, such as Chile vs. Argentina vs. Venezuela. Or North Korea vs. South Korea. Or Ukraine vs. Poland. Or Hong Kong vs. Argentina. Or Singapore vs. Jamaica. Or the United States […]
on August 12, 2017 at 6:57 pm The Bizarre Allure of Socialism, Part II – Liberty Community

[…] is no example of a successful socialist nation anywhere in the world. Cuba? No. North Korea? No. The Soviet Empire? Don’t make me laugh. Venezuela? You must be […]
on August 12, 2017 at 8:51 am The Bizarre Allure of Socialism, Part II | International Liberty

[…] is no example of a successful socialist nation anywhere in the world. Cuba? No. North Korea? No. The Soviet Empire? Don’t make me laugh. Venezuela? You must be […]
on July 29, 2017 at 12:43 pm Senator Chris Murphy and the All-Encompassing State | International Liberty

[…] In other words, take the traditional horror of communism and then add a layer of autarky to ensure even greater misery. […]
on May 18, 2017 at 8:21 am Tories must use victory to revolutionise UK economy | Oyia Brown

[…] Or, since Corbyn’s main economic adviser actually has said all income belongs to the government and Corbyn himself has endorsed a maximum wage, maybe an Anglo-Saxon version of North Korea. […]
on May 14, 2017 at 1:58 pm Will the Tories Take Advantage of a Golden Opportunity to Save the United Kingdom? | International Liberty

[…] The Labour Party is led by Jeremy Corbyn, a crazed Bernie Sanders-style leftist, and British voters have no desire to become an Anglo-Saxon version of Venezuela. Or, since Corbyn’s main economic adviser actually has said all income belongs to the government and Corbyn himself has endorsed a maximum wage, maybe an Anglo-Saxon version of North Korea. […]
on May 9, 2017 at 12:13 pm Poland’s Reward for Good Economic Policy | International Liberty

[…] North Korea vs. South Korea […]
on May 6, 2017 at 10:12 am The Invisible Hand of Free Enterprise Enables Great Prosperity | International Liberty

[…] are Cuba and North Korea so […]
on April 12, 2017 at 2:50 pm Laughing at Socialism, both in Theory and Practice | International Liberty

[…] They are equally capable of rationalizing that economic misery in places such as Greece and Venezuela has nothing to do with bad policy, and you can even find a few zealots willing to defend basket cases such as Cuba and North Korea. […]
on April 10, 2017 at 9:19 am New Video Shows the Simple Recipe for Poor Nations to Become Rich Nations – in Spite of Bad Advice from International Bureaucracies | International Liberty

[…] stories from around the world, including Hong Kong, Singapore, Chile, Estonia, Taiwan, Ireland, South Korea, and […]
on February 15, 2017 at 10:41 am America’s Diminishing Economic Liberty | International Liberty

[…] a map showing the entire world. The worst nations are in red, with North Korea at the very bottom, followed by Venezuela and […]
on January 22, 2017 at 4:01 pm Libertarian Humor: Everything You Need to Know about Statism in One Image | International Liberty

[…] North Korea vs. South Korea […]
on December 28, 2016 at 10:01 am The Sensible Way to Help the Poor and Reduce Poverty | International Liberty

[…] cites South Korea as an example of a nation where poor people now enjoy much better lives thanks to growth, and she then asks […]
on December 20, 2016 at 11:47 pm Venezuela : Nicolás Maduro, Père Noël autoritaire | Contrepoints

[…] que nous pouvons sereinement considérer que le Venezuela a franchi ce pas, rejoignant l’enfer dystopique de la Corée du Nord (à moins que vous ne considériez que de bons arguments placent le régime sauvage de Pyongyang […]
on December 12, 2016 at 12:40 pm Socialist Venezuela Raids Santa's Workshop - Western Free Press

[…] and malnutrition, I think we can safely confirm that Venezuela has made that crossing, joining the dystopian hell of North Korea (though you can make a good argument that the savage regime based in Pyongyang actually belongs in […]
on December 11, 2016 at 3:30 pm Venezuela and Santa Claus vs Thomas Sowell and the Little Red Hen | International Liberty

[…] and malnutrition, I think we can safely confirm that Venezuela has made that crossing, joining the dystopian hell of North Korea (though you can make a good argument that the savage regime based in Pyongyang actually belongs in […]
on November 27, 2016 at 12:42 pm Does “Wagner’s Law” Mean Libertarians Should Acquiesce to Big Government? | International Liberty

[…] France (#57), Denmark (#21), and Finland (#20) are all much more market-oriented than Sudan (unrated, but would have an awful score), Nigeria (#113), and Bangladesh (#121). Smith’s argument is akin to me saying that government-built roads cause economic misery because that’s how they do it in the hellhole of North Korea. […]
on November 24, 2016 at 11:33 am Thanksgiving, Redistributionism, and Libertarianism | International Liberty

[…] And the greater the level of plunder, as we see from extreme examples such as Venezuela and North Korea, the greater the […]
on October 20, 2016 at 12:48 pm As Confirmed by New Global Rankings, Rule of Law Is Why Western Civilization Is Superior | International Liberty

[…] I suppose I should repeat my caveat from earlier in the month that hellholes such as Cuba and North Korea would probably rank lower if they were included in the […]
on September 16, 2016 at 6:32 am The Decline of Economic Liberty During the Bush-Obama Years | International Liberty

[…] surprised to learn that Venezuela is in last place (though, to be fair, the communist hellholes of North Korea and Cuba aren’t in the rankings because of inadequate […]
on July 30, 2016 at 8:48 am Venezuela Is Heading for the Fourth Circle of Statist Hell | International Liberty

[…] it’s North Korea vs. South Korea, Cuba vs. Chile, or Ukraine vs. Poland, nations with bigger governments and more intervention […]
on July 19, 2016 at 1:13 pm Free Markets and Small Government vs. Redistributionism and State Planning | International Liberty

[…] Though if a government engages in enough cronyism/interventionism (think Venezuela), the net result looks a lot like socialism/state planning (think North Korea). […]
on June 6, 2016 at 9:10 am National Competitiveness and Economic Freedom | International Liberty

[…] If all the world’s countries were included, Venezuela presumably would beat out North Korea. And maybe a couple of other squalid outposts of statism, such as […]
on June 4, 2016 at 4:46 pm Winning the Fight against Socialism and other Forms of Statism | Tea Party News

[…] is proof that being on the wrong side of the spectrum is a recipe for collapse (or, in the case of North Korea, a recipe for never getting off the ground in the first […]
on June 4, 2016 at 9:09 am The Fight against Socialism and other Forms of Statism | International Liberty

[…] is proof that being on the wrong side of the spectrum is a recipe for collapse (or, in the case of North Korea, a recipe for never getting off the ground in the first […]
on June 3, 2016 at 12:53 am FRIEDMAN FRIDAY Dan Mitchell on Milton Friedman and Adam Smith’s perspective on spending other people’s money!!! | The Daily Hatch

[…] other words, South Korea out-performs North Korea because its economy is largely driven by decisions in quadrant […]
on May 12, 2016 at 6:49 am Dan Mitchell on Milton Friedman and Adam Smith’s perspective on spending other people’s money!!! | The Daily Hatch

[…] other words, South Korea out-performs North Korea because its economy is largely driven by decisions in quadrant […]
on May 8, 2016 at 12:23 pm Milton Friedman, Adam Smith, and Other People’s Money | International Liberty

[…] other words, South Korea out-performs North Korea because its economy is largely driven by decisions in quadrant […]
on April 27, 2016 at 3:14 pm Democracy, Societal Collapse, Public Choice, Goldfish, and Tax Competition | International Liberty

[…] Most non-democratic societies have policies that are so evil and destructive (think Cuba and North Korea) that they make France seem like a beacon of economic […]
on April 26, 2016 at 2:18 pm John Kerry’s Tax Haven Investments and other Examples of Statist Hypocrisy | International Liberty

[…] true that she didn’t have this evidence available when she was gushing about the Pyongyang being a “city without slums,” but […]
on April 18, 2016 at 9:53 am Mr. President, the Only Thing We Can Learn from Communism Is that It Doesn’t Work | Donde La Prensa es Libre y Todo Hombre es Capaz de Leer, Todo Esta Salvado (T. Jefferson)

[…] if you’re amoral and simply want to know what works, compare the performance of North Korea and South Korea. Or look at thedifference between Cuba and Hong […]
on April 7, 2016 at 11:34 am Mr. President, the only Thing We Can Learn from Communism Is that It Doesn’t Work | Lex Rex for All

[…] if you’re amoral and simply want to know what works, compare the performance of North Korea and South Korea. Or look at the difference between Cuba and Hong […]
on March 26, 2016 at 9:12 am Mr. President, the only Thing We Can Learn from Communism Is that It Doesn’t Work | International Liberty

[…] if you’re amoral and simply want to know what works, compare the performance of North Korea and South Korea. Or look at the difference between Cuba and Hong […]
on March 18, 2016 at 5:56 pm When Picking the Correct Size of Government, the Choice Isn’t Anarchy or Greece | Lex Rex for All

[…] pointed out, of course, that the argument was silly. Sort of like claiming that North Korea is the left’s version of policy […]
on March 18, 2016 at 5:54 pm Rewarding a Corrupt IRS with a Bigger Budget: Another “Own Goal” by the GOP | Lex Rex for All

[…] pointed out, of course, that the argument was silly. Sort of like claiming that North Korea is the left’s version of policy […]
on March 18, 2016 at 9:24 am When Picking the Correct Size of Government, the Choice Isn’t Anarchy or Greece | International Liberty

[…] pointed out, of course, that the argument was silly. Sort of like claiming that North Korea is the left’s version of policy […]
on March 16, 2016 at 2:00 am Hoisting Socialists on their Own Petard | Tea Party News

[…] certainly can’t pick the nations, such as Cuba, Venezuela, and North Korea, that practice real socialism (i.e., government ownership of the means of […]
on March 15, 2016 at 10:04 am Hoisting Socialists on their Own Petard | International Liberty

[…] certainly can’t pick the nations, such as Cuba, Venezuela, and North Korea, that practice real socialism (i.e., government ownership of the means of […]
on March 6, 2016 at 3:12 pm Socialism: Evil and Stupid | Lex Rex for All

[…] failure, looking at both the totalitarian version in places like Cuba, China, Venezuela, and North Korea, as well as the majoritarian version in nations such as France, Italy, and […]
on March 6, 2016 at 12:19 pm Socialism: Evil and Stupid | International Liberty

[…] failure, looking at both the totalitarian version in places like Cuba, China, Venezuela, and North Korea, as well as the majoritarian version in nations such as France, Italy, and […]
on February 1, 2016 at 12:13 pm New Rankings Reveal How Obamanomics Is Undermining American Competitiveness | Lex Rex for All

[…] I don’t want to be overly glum. Only 10 nations rank above the United States and more than 160 jurisdictions get lower scores. And being “mostly free” is better than being “moderately free” or “mostly unfree.” Or, Heaven forbid, being a “repressed” nation such as Argentina, Venezuela, Cuba, or North Korea. […]
on February 1, 2016 at 10:51 am New Rankings Reveal How Obamanomics Is Undermining American Competitiveness | International Liberty

[…] I don’t want to be overly glum. Only 10 nations rank above the United States and more than 160 jurisdictions get lower scores. And being “mostly free” is better than being “moderately free” or “mostly unfree.” Or, Heaven forbid, being a “repressed” nation such as Argentina, Venezuela, Cuba, or North Korea. […]
on November 13, 2015 at 12:44 pm A Challenge to the GOP from Bernie Sanders: Put Up or Shut Up on Capitalism | People's Pundit Daily

[…] he list North Korea and Cuba, countries that actually still have genuine […]
on October 13, 2015 at 10:33 am A Challenge to the GOP from Bernie Sanders: Put Up or Shut Up on Capitalism | Lex Rex for All

[…] he list North Korea and Cuba, countries that actually still have genuine […]
on October 13, 2015 at 10:02 am A Challenge to the GOP from Bernie Sanders: Put Up or Shut Up on Capitalism | International Liberty

[…] he list North Korea and Cuba, countries that actually still have genuine […]
on October 4, 2015 at 11:21 am The Texas Grocery Store that Helped Push the Evil Empire on to the Ash Heap of History | International Liberty

[…] Kong. And there are no pure statist dystopias, not even North Korea (though that despotic regime is as close to pure evil as exists in the […]
on August 30, 2015 at 7:11 am Great Moments in Socialism | International Liberty

[…] I’m sure it’s still happening today in other socialist hell holes such as North Korea and Cuba. The elite enjoy undeserved and unearned wealth while ordinary people live wretched lives […]
on August 14, 2015 at 11:05 am Pope Francis Needs a Better Role Model for Economic Policy - People's Pundit Daily

[…] millions of needless deaths and untold misery for ordinary people. Just compare living standards in North Korea and South Korea, or Chile and […]
on August 14, 2015 at 9:50 am Pope Francis Needs a Better Role Model for Economic Policy | International Liberty

[…] millions of needless deaths and untold misery for ordinary people. Just compare living standards in North Korea and South Korea, or Chile and […]
on August 12, 2015 at 10:53 pm No ‘pristine’ free market | Peace and Markets

[…] * North Korea vs. South Korea […]
on July 15, 2015 at 6:00 am Lessons from China’s Stock Market Crash | Tea Party News

[…] from East Asia, look at the strong performances of Hong Kong, Taiwan, Singapore, and South Korea, all of which provide very impressive examples of sustained growth enabled by small government […]
on July 10, 2015 at 10:45 am Lessons from China’s Stock Market Crash | International Liberty

[…] lessons from East Asia, look at the strong performances of Hong Kong, Taiwan, Singapore, and South Korea, all of which provide very impressive examples of sustained growth enabled by small government and […]
on May 1, 2015 at 9:20 am IMF Proposes to Sabotage China’s Economy | International Liberty

[…] learn lessons from East Asia, look at the strong performance of Hong Kong, Taiwan, Singapore, and South Korea, all of which provide very impressive examples of sustained growth enabled by small government and […]
on April 11, 2015 at 8:50 am Help Developing Nations with Trade, not Foreign Aid | International Liberty

[…] is why centrally planned economies such as North Korea, Cuba, and Venezuela are such […]
on March 29, 2015 at 1:44 pm Who Reads International Liberty? | International Liberty

[…] China still ranks higher than North Korea. I’ve never had a single visitor from that horribly oppressed nation, or from 13 other […]
on March 29, 2015 at 11:45 am If Poor Nations Want Economic Convergence and Capital Accumulation, They Need Good Policy - Freedom's Floodgates

[…] * North Korea vs. South Korea […]
on March 29, 2015 at 11:22 am If Poor Nations Want Economic Convergence and Capital Accumulation, They Need Good Policy | International Liberty

[…] * North Korea vs. South Korea […]
on March 11, 2015 at 12:51 pm A Modest Proposal to Reduce Income Inequality | International Liberty

[…] be dramatically reduced. Sure, those of us left would wind up being equally poor, like in Cuba or North Korea, but you can’t make an omelet without breaking a few […]
on February 24, 2015 at 12:22 am The African Version of Free Markets vs. Statism | Freedom's Floodgates

[…] * North Korea vs. South Korea […]
on February 19, 2015 at 12:13 pm The African Version of Free Markets vs. Statism | International Liberty

[…] * North Korea vs. South Korea […]
on January 29, 2015 at 9:25 am Margaret Thatcher was right: Free markets are the best cure for poverty mankind has ever devised

[…] 8 https://danieljmitchell.wordpress.com/2011/12/19/the-brutal-impact-of-north-korean-statism/ […]
on February 25, 2014 at 12:19 pm Long-Term Growth and the Corrosive Impact of Obamanomics | International Liberty

[…] you want more examples, check out this chart showing how North Korea and South Korea have diverged over […]
on February 24, 2014 at 3:36 pm The Missing Data in Krugman’s German Austerity Narrative | International Liberty

[…] why statist nations languish and market-oriented countries […]
on November 19, 2013 at 9:01 am The Presteblog | Wirtschaftliches Wachstum ist der beste Weg, um den Armen zu helfen

[…] If you want more evidence on the superiority of markets over statism, check out the comparison of South Korea and North Korea and the difference between Chile, Argentina, and Venezuela. Heck, even the data comparing America […]
on November 16, 2013 at 6:54 am Es mejor ser pobre bajo el laissez faire | NUEVA EUROPA- Nueva Eurabia

[…] más evidencia sobre la superioridad de los mercados sobre el estatismo, echa un vistazo a la comparación de Corea del Sur y Corea del Norte y de la diferencia entre Chile, Argentina y Venezuela . Heck, incluso los datos que comparan […]
on November 14, 2013 at 12:16 pm Economic Growth Is the Best Way to Help the Poor, not Redistribution in Pursuit of Coerced Income Equality | International Liberty

[…] If you want more evidence on the superiority of markets over statism, check out the comparison of South Korea and North Korea and the difference between Chile, Argentina, and Venezuela. Heck, even the data comparing America […]
on June 12, 2013 at 11:13 am A Very Limp Attack on Libertarianism | International Liberty

[…] by comparing the United States with the European Union. Or Chile with Argentina and Venezuela. Or South Korea and North Korea. Or Singapore and Hong Kong with the United […]
on February 17, 2013 at 4:04 pm Question of the Week: If Libertarian Principles Are so Superior, then Why Aren’t there any Libertarian Societies? « International Liberty

[…] whether we’re looking at North Korea vs South Korea, Chile vs. Venezuela, or the U.S. vs. Europe, the world is a laboratory and the evidence gets […]
on January 31, 2013 at 3:55 pm Rather than Helping the Poor, Higher Tax Rates Redistribute Rich People « International Liberty

[…] try to make that point in this PBS interview, but I suspect these charts comparing North Korea and South Korea and comparing Chile, Argentina, and Venezuela are much more […]
on October 29, 2012 at 12:07 pm Despite their Moral Preening, Statists Would Not Want to Live in a World without Capitalism « HaltingArkansasLiberalswithTruth

[…] utilitarian approach and show how capitalist nations outperform statist nations, as you can see in this comparison of North Korea and South Korea, and this post comparing Argentina, Chile, and […]
on October 18, 2012 at 8:52 am Despite their Moral Preening, Statists Would Not Want to Live in a World without Capitalism « International Liberty

[…] utilitarian approach and show how capitalist nations outperform statist nations, as you can see in this comparison of North Korea and South Korea, and this post comparing Argentina, Chile, and […]
on June 27, 2012 at 9:19 am Kim Jong-un visits the Zoo - Page 4

[…] […]
on December 23, 2011 at 2:31 pm El fantasma de Kim Jong-il recorre América Latina | Libertarios of America

[…] que lamentaban– la muerte de su planificador, no pensaban en el devastador impacto de éste sobre la economía (una palabra muy fría para referirse a las vidas materiales y el potencial creativo de los […]
on December 20, 2011 at 3:35 am Zorba

In the longer term economic growth dwarfs all other aspects of public policy. The naive dream of mandatory compassion leads to the cruel outcome of poverty. But HopNChange is ubiquitously irresistible in the short term –to the point of arithmetic denial.
on December 19, 2011 at 6:49 pm RebelMinion

So what happened in 1974/75? Things really seemed to diverge there.
on December 19, 2011 at 4:14 pm Mats

And we still have fools who want more socialism

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