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← Michael, we hardly knew ye

jcs's Avatar Jump to comment 6 by jcs

As every economist knows, the market system, based on the free exchange of goods, is the greatest prosperity-generating machine ever invented.

Prosperity = amount of money There is a fixed amount of money (economy is a closed system) Therefore prosperity cannot be generated. It can only be moved around.

Mon, 30 Aug 2010 20:15:37 UTC | #508188