Another Word for Capital Is Productivity but “Politicians Exploit Economic Ignorance”
It’s not rocket science to conclude that whatever lowers the cost of capital formation, such as lowering the cost of investing in earthmovers, enables contractors to purchase more of them. Workers will have more capital to work with and as a result enjoy higher wages. -Prof Walter Williams (American Contempt for Liberty – Politicians Exploit …
Another Word for Capital Is Productivity but “Politicians Exploit Economic Ignorance” Read More »
