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Big Government: Democracy’s Deadly Creation

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journal contribution
posted on 01.01.1982, 00:00 by Allan MeltzerAllan Meltzer

In America and throughout the world, creation of wealth remains the human challenge.

America's unequaled prosperity can be matched anywhere, or even surpassed, if governments adopt policies that favor economic growth and enhance freedom. With freedom of exchange, the marketplace stimulates ingenuity, puts resources to their most efficient uses, and solves problems of scarcity and poverty. It disperses opportunity, prosperity and power.

Far from protecting economic freedom, however, democratic governments increasingly restrict it. Governments, in a word, grow.


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