Free Market
Author:
Steve H. Hanke
Online Publish Date:
incentive systems, executive compensation, product development, and financial policies. Labor relations are also regulated by politicians, and contrary to popular generate accounting losses. The incentives associated with private property and competitive markets generate a superior performance because private survival is trade with the Pacific rim is constrained, if not threatened, by U.S. government policies that are the consequences of its own nationalized enterprises. Few realize