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’s 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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