People use the marketplace to deliver what others need and want. Environmentalism, on the other hand, is built around denying human needs.
In June, year-over-year growth in the money supply was at 1.98 percent. That was up slightly from May's rate of 2.10 percent, but was well down from June 2018's rate of 4.30 percent.
Value and Exchange
People buy things that reflect their value systems — values learned in homes and other non-market institutions. Meanwhile, markets don't force anyone to buy anything.
Taxes and Spending
For centuries, entrepreneurial talents in China were diverted to military wars, political struggles, and government services. But now things are changing.
Booms and BustsBusiness Cycles
Even if business people learn to expect easy-money caused bubbles and busts - this would still not prevent the formation of a boom-bust cycle.