- Lawrence Reed, President Emeritus for the Foundation of Economic Education, joins Kim to discuss capitalism and America as wealth creators.
Innovation and production have led to our success. Cronyism is the government’s hand giving out special favors, such as tariffs and subsidies, to select organizations that give them advantages over others. Rule of law is inherent in capitalism. Our liberty is most important as it gives us meaning to lead a life that is not controlled by government forces. It is critical that we preserve the freedom we have and to reclaim those rights that we have lost.
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