Thursday, June 21, 2012

Economic History of the World

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Free market capitalism is the best path to prosperity.

1 comment:

  1. Very interesting! In 1776 Wealth of Nations by Adam Smith Smith was published. He explained how allowing people to act in their own self interest led (as if by an "invisible hand") to prosperity. It took the U.S. economy from basically 3rd world status to the wealthiest in the world over a short time frame. Sadly, now we are losing it.

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