Mises Daily
Author:
Llewellyn H. Rockwell Jr.
Online Publish Date:
Lewis Fetterman received the club’s Free Enterprise Award . Free-market economics, of which the Austrian School is the preeminent exponent, asserts that everyone is made worse off in the long run. Government intervention destabilizes economic life in artificial ways, and ultimately does not work to bring about the pay in a free market. To that extent, they harm the prospects for economic growth. If anyone says otherwise, he is ignoring hundreds of years of scholarship and