Even though it is not planned by any particular person or group of people, the outcome of the free market process can be seen all around us in the incredible standard of living we enjoy. When our country’s main health problem is obesity and not malnutrition, and it seems that everyone owns a cell phone, we are rather well off as a country.
The main problem we face now and moving forward is, will we allow free market capitalism to continue to increase our standard of living, or because we don’t like how wealth is “distributed” as a result of this process, will we (more…)