For those who like this article should also enjoy the articles published on Von Mises Institute. Basically, the idea is that when capital gets misallocated, markets take care of it if market forces are allowed work by themselves. Instead, the government interferes to slow down this readjustment to efficient markets thereby prolonging the pain and further misallocation of capital which only makes the situation worse.
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Latest | Highest ratedIs America on a Downward Slope? [View article]
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