Critics of free markets claim that 1980s and 90s were near-pure laissez-faire when, in reality, the regulatory state didn‘t go away. The North American Free Trade Agreement supposedly was the apex of free markets. Think again.
Critics of free markets claim that 1980s and 90s were near-pure laissez-faire when, in reality, the regulatory state didn‘t go away. The North American Free Trade Agreement supposedly was the apex of free markets. Think again.
In a recent Substack posting, economist Bryan Caplan held up the United Arab Emirates as an
