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Submitted by Eadamec on Fri, 06/26/2020 - 11:02am
Two countries, one lesson. Between 1970 and 2017: Chile: Economic freedom: +123% Income per capita: +204% Venezuela: Economic freedom: -64% Income per capita: -42% Full article: https://humanprogress.org/article.php?p=1923

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Submitted by Eadamec on Tue, 06/09/2020 - 1:26pm
Two countries, one lesson. Between 1970 and 2017: Chile Economic freedom: +123% Income per capita: +204% Venezuela Economic freedom: -64% Income per capita: -42% Full article: https://humanprogress.org/article.php?p=1923

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Submitted by Eadamec on Tue, 06/09/2020 - 1:24pm
Anti-capitalism is popular because people enjoy the feeling of uniting against a common enemy. Many activists fail to realize that markets are the best way of fighting the systemic and material problems they so passionately decry.

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Submitted by Eadamec on Mon, 04/13/2020 - 3:36pm
Soviet propaganda could not increase the productivity of communist workers to Western levels. To incentivize workers, communists had to resort to terror. In the long run, free economies tend to produce higher growth.

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