Friday, March 27, 2009

The Relationship Between Economic and Political Freedom

Words of wisdom from Dave Prychitko, Economist:
"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 that
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."

Click here to read the rest of the article.

1 comment:

  1. Wow, when did you get so smart? Have you always said stuff like this? Impressive!!