The Cure for Poverty
It's the Free Market: History's Greatest Invention
Herbert E. Meyer
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As the 2012 Presidential election campaign swings into high gear, “jobs”
has emerged as the leading issue. Is our country’s Free Market system the
cause of our weak economy? Or would unleashing our Free Market system be
the solution to our weak economy?
The Cure for Poverty shows how the Free Market actually works -- how jobs get created by those entrepreneurial men and women who start new businesses, and by the executives of older companies. Unlike so many other books about current events, The Cure for Poverty provides an explanation rather than an argument.
That’s why FrontPageMagazine.com says this book “could not come at a better time. A primer on capitalism, this timely treatise reminds us in clear terms what accounts for this country’s affluence and prosperity.” American Thinker’s editor writes that “A generation or two of American school children have grown up without a clue about how wealth is created....Mr. Meyer uses very concrete examples to explain complex concepts. Never pompous, never condescending, but straightforward and deeply grounded in reality and experience. He writes and speaks compellingly and clearly.”
Excerpts from The Cure for Poverty:
Why do some countries have entrepreneurs while others don’t? It’s for the same reason there’s life on Earth and none on the moon: Life requires a specific atmosphere to support it....We have that kind of atmosphere on Earth; the moon doesn’t.
The “atmosphere” that entrepreneurs require is called the Free Market...comprised of property rights, the rule of law, a modest level of taxation, competent regulation, and a government that protects its citizens by assuring the country’s defense while doing the everyday things a government is supposed to do.
Herbert E. Meyer has been a reporter for The Wall Street Journal, an associate editor of Fortune, served as an intelligence official during the Reagan administration, and is today among the world’s most respected global commentators.