Vietnam or Thailand ? Vote for the TOP Country of the Week !
Updated: June 14, 2025
This conflicts with basic rights like the freedom to make economic choices. Anti-tax movements have sprung all over the world and their philosophy permeates the ideology of political parties in many countries, not least the USA. Taxes are punitive: they penalize enterprise, success, entrepreneurship, foresight, and risk assumption. Welfare, on the other hand, rewards dependence and parasitism.
The invisible hand must be firmly clasped and guided by functioning and impartial institutions, an ingrained culture of entrepreneurship and fair play, classes of stakeholders, checks and balances and good governance on all levels. Wealth, behavioral standards, initiative, risk seeking do not always "trickle down". To get rid of central planning more central planning is required.
Central and east Europe became a giant lab in which to peruse policies pertaining to criminality, private property ownership, entrepreneurship, privatization, income distribution, employment, inflation and social welfare.
Word Of The Day
Others Looking