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Despite the constant failures of Keynesian economics and statist policies, people still haven’t realized that free-market economics is the way forward.
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It seems that every generation or two, fundamental economic ideas are questioned and challenged.
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For more than two hundred years, practically all of even the most free market advocates have assumed that money and banking were different from other types of goods and markets.
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Whatever economic freedom we enjoy in the world today is due, to a great extent, to the ideas and efforts of the classical liberals and economists of the first half of the nineteenth century.
