With so many people blaming the economic meltdown of 2008 on capitalism, I just had to share the following video by Harvard economist, Jeff Miron. I get so frustrated by the claims that capitalism has failed us, and Dr. Miron does a great job refuting these claims.
3 Myths of CapitalismPosted by SoloBizCoach under News
From http://www.solobizcoach.com 4238 days ago
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4238 days ago
This "we should have completely equal spending so anyone/any city can win bit" (please read that in a high, whiny, nasal voice) is fine for Communist countries, but it's not our way.