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Podcast: Wealth Formula Podcast
Episode: 427: A Libertarian Perspective on the Market Economy
Description: I have frequently described myself as most aligned with libertarian thought when it comes to my own politics. In terms of the economy, libertarians believe in the concept of a free market. Libertarians argue that a truly free market fosters prosperity, innovation, and individual liberty. But that doesn't really describe the American economy, does it? Over the years, the American economy has seen a proliferation of regulations at the federal, state, and local levels that have significantly constrained economic freedom. In addition, governments constantly intervene in the economy through corporate subsidies, bailouts, and preferential treatment. You don't need to look...