4min chapter

THE INTELLECTUAL DARK WEB PODCAST (HOBBES + LOCKE + ROUSSEAU + US CONSTITUTION in ONE SINGLE BOOK) cover image

Milton Friedman No Free Lunch In Capitalism

THE INTELLECTUAL DARK WEB PODCAST (HOBBES + LOCKE + ROUSSEAU + US CONSTITUTION in ONE SINGLE BOOK)

CHAPTER

The Political Economy Is Taking Over Our Nation

When i graduated from high school, total government spending in the united states at all levels was a little over ten % of the national income. Two thirds of that was local. Now to day,total government spending is forty three percent of the national Income. The private economy is an agent of the federal government. At least 50% of the total resources of our nation are now being organized through the political market. In that sense, in a very important sense, we more than half socialist.

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