"Innovation by producers, not consumption, is what creates wealth in a market economy. Producers know that simple truth, and I think most citizens know it deep down as well. But sometimes the simplest truths are the hardest for the self-proclaimed elite to understand."
Consumption, Innovation, and the Source of Wealth | The Freeman | Ideas On Liberty
Thursday, January 6, 2011
Consumption, Innovation, and the Source of Wealth
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