What Does the World Think of Capitalism?

My colleague Richard Morrison has a column up the Foundation for Economic Education that is well worth reading, even though it cites Fred Smith’s and my recent paper. The question he raises–why are markets unpopular?–is a good one.

Richard gives some good answers. I have plenty of my own thoughts on the matter, influenced by thinkers such as Michael Shermer, Matt Ridley, and James Buchanan. I hope to elaborate on them in the near future.

Read his whole column here.

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