Sunday, May 01, 2016

Economic illiteracy on parade

True - but is it really any worse than usual? (IBD)

The problem is that leaders in neither party have done an effective job of educating the public on the truth, since there’s more political mileage to be gained by bashing trade, bashing “big banks,” bashing Wall Street, and bashing “greed” than there is explaining the benefits of a free market.

The free market principles that created the nation’s unprecedented prosperity won’t last long if no one is willing to defend them.

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