Do We Want Free Enterprise by V. Orval Watts is an exciting challenge issued to business in 1944. He points out that business is not necessarily a friend of free enterprise. True free markets would mean an end to cartelizating regulations, tariffs, business subsidies, and every form of privilege that business has learned to love throughout the New Deal period. In some ways, he writes, free enterprise represents a challenge to business that it would rather avoid completely. Watts was a prominent economist before World War II, tak[...]
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[Source: The Money Blogs]
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