Rainer Zitelmann’s Defense of Capitalism

Smirna Tudor
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Smirna Tudor: Institutul Ludwig von Mises România

Revista OEconomica, 2023, issue 01

Abstract: Economics is a science. When we want to explain society, economic theory is like the technical knowledge engineers use to design and explain the load-bearing structure of a building. An economic system built or altered in spite of economic laws is like a building designed or altered in spite of the strength of materials and the laws of physics. Sooner or later both are doomed to collapse.

Date: 2023
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