Audio Mises Wire

Surviving Capitalism: The Scarcity Advantage

Audio Mises Wire
Shashank Shukla

The story of Anil Ambani destroys the belief that capitalism automatically favors the rich and excludes the poor. Once a billionaire, he made a series of bad business choices and the market punished those choices. Capitalism favors good choices.

Original article: https://mises.org/mises-wire/surviving-capitalism-scarcity-advantage