Bryan Caplan on Hayek, Richter, and Socialism
EconTalk
00:00
Are We Going Down That Road?
Many people in the United States now who vote have no memory of what socialism was like. They say, well, what's so bad about that road? Maybe we should go down that road. So there are all these different ways to measure how free or non-free an economy is. Using those measures, either the size of government, the regulatory influence of government and this amount of social welfare spending, how would you assess the trend line for U.S., rest of world?
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