Eight steps to Trump Economics
1. The modern economic debate: Should free-markets or socialism replace feudalism? [Late 1700s to early 1800s] 2. Free-market-ish experiments run in many countries (USA, New Zealand, etc.) — all generally successful [1800s and 1900s] 3. Socialist experiments run in many countries (Soviet Union, China, etc.) — all failures. [1900s] 4. At the same time, Third […]
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