EconomyLaw and GovernmentQuick Takes

Video: Prager U on myths, lies, and capitalism

True or false: Free enterprise is unfair, it hurts the poor, it’s driven by greed, it breeds envy, and it caused the Great Depression.

Many people would answer “true” to every claim. But in the video below economist and author Arthur Brooks shows why these five claims are false.

Free enterprise helps the poor, lack of free enterprise caused the Depression, and greed and envy have no place in a free market, which is the fairest of all economic systems.

LU Staff

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