There would be no “social” in Europe’s “social market economy” without the strictly market-friendly rules essential for economic efficiency.
The U.S. Government has been charging a credit card with no limit and leaving future generations as the guarantor — but when will the bill come due and what will the effects be?
On April 14th, 2021 Law & Liberty and the Real Clear Foundation hosted a discussion on this subject at Liberty Fund’s headquarters in Carmel, Indiana. A complete video can be found here:
Written remarks from our three panelists follow below:
by David P. Goldman
by Christopher DeMuth
by Veronique de Rugy