“If you bound the arms and legs of gold-medal swimmer Michael Phelps, weighed him down with chains, threw him in a pool and he sank, you wouldn't call it a 'failure of swimming.' So, when markets have been weighted down by inept and excessive regulation, why call this a 'failure of capitalism'?”
Quote by Peter Boettke
Author
Peter Boettke
Peter Boettke is a renowned economist born on January 3, 1960. He has extensive research in the field of economics, particularly in the Austrian School of Economics and free market theory. Boettke's academic career began at George Mason University, where he served as a professor and had a profound impact on economics education. more
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