Mises Wire

More Freedom = More Prosperity

More Freedom = More Prosperity
Often when discussing libertarian societies, the point is made that truly free markets do not exist in the world. It is important to note that this is not like the argument made by Marxists which is that Marxism would have worked had it been truly tried. In other words, they blame the fact of Marxisms failure on teh fac tthat it has never been fully implements. Of course, we dknow that it has been attempted. The difference here is that even partial implementation of free markets produces more prosperity while partial implementation of socialism produces less priopserity. The tactic of many critics of free markets is of course to blame the problems of cronyism or intervention on capitalism.
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