I’m an advocate of the complete separation of the state from the economy, i.e., of a 100% free market.
Economics depends on politics, and politics depends on philosophy. A given political system—capitalism, communism, fascism, the mixed-economy/welfare state, etc.—represents the application of a particular set of philosophical premises, including moral premises, to the question of the proper role of government. Economics then describes the effects of a government’s activity on the production, trade, and so-called “distribution” of wealth.
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