Paul Craig Roberts Quotes
Despite massive evidence to the contrary, libertarians hold tight to their romantic concept of capitalism, which, freed from government interference, serves the consumer with the best products at the lowest prices.
Topics
Competition
Economic Ideology
Government Oppression, Government Interference
Invisible Hand
Profit Motive
Supply and Demand
Entrepreneurship
Free Market
Capitalism Critique
Consumer Prices
Consumer Sovereignty
Consumer Welfare
Laissez-Faire Economics
Libertarian Ideology
Market Efficiency
Market Regulation
Price Signaling
Private Property Rights
Citations
Roberts, Paul Craig. The Failure of Laissez Faire Capitalism. Clarity Press, 2013, p. 11.
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Paul Craig Roberts is an American economist and author. He formerly held a sub-cabinet office in the United States federal government as well as teaching positions at several U.S. universities. He is a promoter of supply-side economics and an opponent of recent U.S. foreign policy.