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Why Consumption—Not Production—Is the True Goal of Economic Activity
Just as an all-powerful monarch dictates what his subjects may and may not do — and just as no subject has any power to direct or constrain the monarch’s actions — consumers in a competitive market economy ‘command’ producers to do this and that, as well as to avoid doing countless other things.
New York’s Socialist Temptation: Young People’s Idealism Ignores Economics
“Socialism,” said the British …
Reagan’s Trade Gamble: The Story Behind the Voluntary Export Restraints
Ronald Reagan deserves much pr …
