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A comment on Adam Smith and Inequality (2014). Parent comment
It's still part of the reported GDP.
> governments create markets through enforcement of property law and many other laws and programs.
If you're familiar with my posts, I often write that the purpose of government is to protect property rights so free markets can function.
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It's still part of the reported GDP.
> governments create markets through enforcement of property law and many other laws and programs.
If you're familiar with my posts, I often write that the purpose of government is to protect property rights so free markets can function.