… is from page 175 of my late, great colleague Walter Williams’s 1982 book America: A Minority Viewpoint:
In a growing economy there is more pie to go around – enabling everyone to have a bigger slice and without the interference of government redistribution programs.
DBx: Yes.
If not in theory, typically in practice, a government generally enriches some people at the larger expense of other people – other people largely within that government’s own jurisdiction. In theory and in practice, free markets over time unfailingly enrich everyone within their compass – including people who, at any given moment, must adjust to market forces in ways that these people would prefer to avoid.
