It is a great irony that visions of socialist harmony necessarily result in rancorous and destructive struggles among groups with contradictory visions of the good society . It is perhaps equally ironic that profit-driven competition in markets results in the highest attainable degree of...
It is a fact that severe poverty has disappeared in the most industrialized countries. The wealth of the first-world welfare states was made possible by those countries’ turn toward free markets in the past. Likewise, the turn toward more free markets in the developing world has reduced poverty...