The failing economy is making many question the American system of government and economics. Some blame capitalism, others put the blame on government regulation. Here is an interesting video from LearnLiberty.org featuring Dr. Jeffrey Miron of Harvard University addressing the three common myths about capitalism.
“Is being pro-business and pro-capitalism the same? Does capitalism generate an unfair distribution of income? Was capitalism responsible for the most recent financial crisis? Dr. Jeffrey Miron at Harvard answers these questions by exposing three common myths of capitalism.”
H/T to Hispanic Alliance for Progress.
If your hungry for more, read Jon Stossels “Myths About Capitalism” at Reason Magazine.