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130. Is Our Concept of Freedom All Wrong?
People I (Mostly) Admire
Reframing Freedom and Progressive Capitalism
Government investments in education and basic research expand the opportunity set for everyone and even enhance the opportunity set for the richest, as their income is supported by societal infrastructure and the rule of law provided by the government. The societal environment significantly impacts individual success, and public expenditures play a crucial role in shaping it, leading to the endorsement of progressive capitalism when reframing freedom from an economist's perspective.
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