Mises Wire

The last thing the left wants is for people to understand that poor nations only become rich nations with free markets and small government.

Unlike a moralistic schoolmarm or a government, markets do not punish or tax anyone. They merely reflect the choices we make and the values we hold.

Even if we can observe amazing amounts of economic progress in the face of rising government intervention, in a relatively free economy, this can always be attributed to the resilience of the market system, and the power of human innovation and productivity.