The capitalism vs socialism dichotomy is yet another bit of Pilpul to distract useful idiots. The question is and always will be Rule of Law vs Rule by Discretion. Rule of law produces markets limited by externality, where “capitalists” want free trade regardless of externality.
Source date (UTC): 2019-09-25 23:12:46 UTC
Original post: https://twitter.com/i/web/status/1176998003133079553
Reply addressees: @BobMurphyEcon
Replying to: https://twitter.com/i/web/status/1176856402884747266
IN REPLY TO:
@BobMurphyEcon
Capitalism doesn’t kill us, people do. https://t.co/6q0V4isZNl
Original post: https://twitter.com/i/web/status/1176856402884747266
Leave a Reply