Socialism is a Luxury Good

econlib.org/socialism-is-a-luxury-good

Several decades of neoliberal economic reforms brought about the greatest global reduction in poverty ever achieved, by far. But success brings laziness, and many countries began to take their achievements for granted. Even successful policies fail to eliminate all economic problems, and because neoliberalism was the dominant strategy from the 1980s to the 2000s, pundits…

This story appeared on econlib.org.
The Entire Business World on a Single Page. Free to Use →