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Cliches of Socialism Number 37

“Purchasing power creates jobs.”

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Cliches of Socialism Number 65 by Henry Hazlitt
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As much as capitalism is to be desired for the wealth it produces for even the poorest citizens, it is also desirable on moral grounds. These 16 Freeman essays explore the moral dimensions of capitalism, from both religious and more secular perspectives. Authors such as Garet Garrett, Mises, Hayek, and Kirzner tackle everything from the [...]

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