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Economy

Markets vs. Marxism and “Stakeholder Capitalism” | Samuel Gregg & Kate Wand (Video)

Proponents of free markets often provide excellent economic arguments, but what about the moral argument for free markets vs. interventionist systems? What kinds of virtues can free markets encourage?

Dr. Samuel Gregg and Kate Wand explore how government interventions such as protectionism and tariffs do not provide incentives to be creative and lead to higher prices, cronyism, and inefficiency.

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