Saturday, April 02, 2016

Free markets and helping the poor

"from about 1980, the world had embraced the free markets that Nobelist Friedman had championed. Shleifer also indicated that living standards had risen sharply, poverty had declined dramatically, while life expectancy had increased. Shleifer asked whether the spread of free markets accounted for the improvements, and he answered with a resounding, “Yes.” "
http://www.cato.org/publications/commentary/pictures-pope-progressives

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