Posts Tagged ‘disability-insurance benefits’

The Great Divergence: Private Investment and Government Power


Monday September 20th, 2010   •   Posted by Robert Higgs at 6:49am PDT   •   0 Comments

Private saving and investment are the heart and soul of the dynamic market process. Together they provide and allocate the resources used to augment the economy´┐Żs productive capacity, generate sustained long-run economic growth, and thereby make possible a rising level of living. Economic crises interrupt this process by discouraging investors and causing them to…
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