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Where Did the iPhone Come From?

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Tags Media and CultureAustrian Economics Overview

02/24/2012Mark Thornton

Mainstream economics is fixated on market failure. The solution for mainstream economists is always heavy regulation. Capitalism permits global scale enterprises to thrive despite bureaucratic red tape. A private seminar presented at the Mises Institute on 21 February 2012.

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Mark Thornton is a Senior Fellow at the Mises Institute and the book review editor of the Quarterly Journal of Austrian Economics. He has authored seven books and is a frequent guest on national radio shows.

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