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6min chapter
Say It Ain’t So, Joe: The Downsides of Bidenomics | Libertarian: Richard Epstein | Hoover Institution
Libertarian
The Downsides of Bidenomics: Subsidies, Capital Development, and Labor Unions
This chapter explores the effects of subsidizing inefficient jobs and industries on long-term capital development and the stock of wealth in the United States. It also examines the impact of labor unions on firm output, consumer benefits, and capital investments.
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