The Progressive Critique of Free Markets: A Response

The American economy today is mixed: It is partly free, vibrant, prosperous, and entrepreneurial—and partly unfree, obstructed, and lethargic. The free part is governed by the principles of our Founding and the U.S. Constitution, which safeguard private property and contract rights that permit us to gain, hold, use, and dispose of property. This legal structure has produced the most prosperous and innovative economy in human history.

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