For the economy to break free of the cycle of boom and bust, and ride an exponential growth curve, government must shrink as the private sector flourishes. Our future economy depends on whether the government chooses to limit its role or continues its current extractive course and lulls market participants into complacency through regulatory capture.
If Government Were Angels, Only Humans Would Be Necessary
A Look at the Economic Prospects of 2065
This
article appeared in
the Winter 2015/16 issue of The Independent Review.