Over at Project Syndicate, Kenneth Rogoff answers the question: “Is Modern Capitalism Sustainable?” Rogoff starts by saying that if what you mean by capitalism is the European model of a welfare state, the answer is no. Continental European capitalism, which combines generous health and social benefits with reasonable working hours, long vacation periods, early…
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Here is an excellent new video on the relationship between economic freedom and economic and social well-being. The freer a country is, the higher the quality of life and more happiness, including less poverty, more prosperity, longer life spans, cleaner environment, less corruption, lower child mortality, more civil liberties, and less unemployment. Freer countries…
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