by Eamonn Butler
Institute of Economic Affairs
November 14, 2013
Freedom creates prosperity. Societies that have embraced freedom have made themselves rich. Those that have not have remained poor. People in a free society do not become rich by exploiting others, as the elites of less-free countries do. They become rich only by providing others with what they want and making other people’s lives better. The chief beneficiaries of the economic dynamism of free societies are the poor. Free societies are economically more equal than non-free societies. The poor in the most-free societies enjoy luxuries that were undreamed of just a few years ago, luxuries available only to the ruling elites of non- free countries. Attempts by governments to equalize wealth or income are counter-productive. They destroy the incentives for hard work and enterprise and discourage people from building up the capital that boosts the productivity of the whole society.



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