There are instances when markets fail and do not correct themselves. At that point, some government action might be warranted. But how do we make that call?
In The Road to Freedom, I provide the chart below to answer that very question
Simple. Elegant. Straightforward. Just like the United States Constitution, which embraces similar principles to constrain the rise of an authoritarian, centralized, all-powerful government.
Which is why Democrats will hate it.
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