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An Overlooked Boom

City Journal Audio

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The Black Boom

In the black boom, you extend a long running theme of your yor commentary. The working class benefits more from opportunity ontrpanership and market economy than they ever could from welfare programmes or political favors coming from government. Now, should economic growth come first? That is, do we need policies to encourage prosperity before we can hope to go after no social, cultural problems? Or does the causality actually run in the other direction, that markets and capitalism, that they instil certain habits? This is something, michael, no, no. Bacuse to argue discipline, routine, deferred gratification that, you know, bear positive fruits in a life and and in society.

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