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Don’t blame free markets for populist failures

Don’t blame free markets for populist failures

Summary

Norbert J. Michel says that problems in the American economy come from government spending and interference. He argues that the free-market system is not to blame for these economic difficulties.

Key Facts

  • American economic struggles are significant today.
  • Some people blame free-market capitalism for these problems.
  • Norbert J. Michel disagrees with this view.
  • He says government spending affects the economy negatively.
  • Government intervention also harms economic performance.
  • The article focuses on the causes of economic challenges in the U.S.
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