"Considering both economic theory and the historical record, it is reasonable to believe that if a society tries to abolish the market economy it will find thatClick here to read the rest of the article.
it abolishes the wealth-generation and long-run growth that only a market system
can provide, and, on top of that, it will become more undesirably statist and
lead to severe reductions in human freedom."
Friday, March 27, 2009
The Relationship Between Economic and Political Freedom
Words of wisdom from Dave Prychitko, Economist:
Posted by Free Market at 7:32 PM