Why America is So Rich
The United States has owned the world’s most prosperous economy for more than 100 years. And, yes, we do take that for granted. There are many factors that contributed to our prosperity, but perhaps the one that stands out is the U.S. values the free market over government control. “But here’s a point that is seldom made. It didn’t begin that way,” says Burton Folsom, professor of history at Hillsdale College. He elaborates in this edition of Prager University.
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