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American Memory
March 14, 2005
Looking for an Honest Socialist by Bill Walker
There are no free-enterprise nations today. Every country has government-enforced fiat currency, large State-run economic sectors, and bureaucratic meddling in every area of human life. Many nations even have more than one government telling their citizens what to do, often the US and UN governments as well as their own local kleptocrats. So we don’t really know what an undistorted market economy would look like today; we can make guesses, but we must admit that they can’t be very accurate.
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