The measure of the “goodness” of free markets is growth of GDP per capita as a proxy for “standard of living.” And to some level that might be appropriate, but, I think we left behind long, long ago the point at which *quality* of life tracks with GDP growth.
Eye-opening. Thank you
The measure of the “goodness” of free markets is growth of GDP per capita as a proxy for “standard of living.” And to some level that might be appropriate, but, I think we left behind long, long ago the point at which *quality* of life tracks with GDP growth.
Great read. Keep these coming. I learn every time and so blessed in many ways