No matter if its Asia, Europe, Africa, or the Americas, the link between economic liberty and economic growth is undeniable.
When economists idolize "efficiency" while ignoring property rights, they can justify pretty much anything.
Whether the "slander" is due to a misrepresentation of fact or the imposition of ideology, the Industrial Revolution should bring a libel suit against historians.
An industrial innovation enters the market as the extravagance of an elite before it finally turns, step by step, into a need of each and all.
Calls for finding efficiencies in government by electing or appointing people to “run it like a business” are futile.
Inequality of wealth and incomes is an essential feature of the market economy.
The answer to why people continue to work in such deplorable conditions is pretty simple: they don’t have any other options.
Could there be firms without corporate law? The answer is obvious: firms exist and are an important part of modern markets today just as they existed and provided a vital function before the advent of modern legal systems.
