A Nation’s Wealth
Updated: Dec 12, 2022
A nation’s collective wealth is determined by the capacities and ingenuity of its individual citizens and their industries to produce commodities domestically which can be traded both domestically and abroad.
When Government attempts to control the market and interferes with the relationships between the individuals and industries, it encumbers progress, chokes creativity, stagnates the economy, and reduces the nation’s wealth.
Furthermore, in the process, it creates a government bureaucracy that costs the tax payers more money and does nothing but generates fraud and government waste.