A Future of Peace and Capitalism
This optimistic essay, written in the depths of the Cold War, showed not only that several “communist” countries were actually practicing free market capitalism, but that the triumph of free markets was inevitable
This optimistic essay, written in the depths of the Cold War, showed not only that several “communist” countries were actually practicing free market capitalism, but that the triumph of free markets was inevitable
Dedicated to the skeptics, to the ignorant, to the arrogant & to the un-interested.
Simply put, there is less prosperity in nations with big government compared to nations with small government.
Anybody who understands Bastiat’s example of the broken window fallacy understands more about life than most academics.
People put forth ideas like Dharmicisim because they have a basic misunderstanding of what economics is.
Just like fascism, every other anticapitalistic ideology promotes government interventions, contempt for individual freedom, and a mystical view of government’s role and nature.