Acton Institute Powerblog Archives

Post Tagged 'The rich get richer and the poor get poorer'

Why Attitudes About Competition Matter

In an excerpt from the splendid¬†PovertyCure series, Michael Fairbanks offers a helpful bit on why our attitudes about competition matter for economic development: I can predict the future of a developing nation better than any IMF team of economists by asking one question: “Do you believe in competition?” Continue Reading...