Top

Effective Stock Habbits

  /  Top News   /  Bureaucracy: The Red Tape that Prevents Economic Growth

Bureaucracy: The Red Tape that Prevents Economic Growth

Contra Keynesians, who believe that government spending and bureaucracy are the keys to economic growth, it is the bureaucratic state that swallows resources and stifles entrepreneurs. The more powerful the bureaucracy, the lower the standard of living.

Post a Comment