The Eurozone's massive "green" policy plan has the EU facing high unemployment, stagnating growth, and energy bills of twice as much as seen in the US.
Italy’s problems are yet to descend into a Greek-style crisis, but that is the direction of travel. And Italy is far more serious than Greece because of its sheer size.
Although hardly "free-market" in any doctrinaire way, the relatively free economy of Taiwan delivered immense growth in standards of living while many Chinese on the mainland starved.
It's government — not markets — that intervene to "stimulate" ever greater amounts of spending and consumption. A healthy market economy, meanwhile, relies on both saving and spending.
