Description
Book SynopsisA rigorous defense of free markets and open enterprise in the tradition of Adam Smith.
“Many great libertarian thinkers were economists or philosophers. Zitelmann is a historian and sociologist. He does not argue theoretically, but empirically. In his book, he shows that development aid and redistribution do not eliminate poverty, but private property, entrepreneurship, and capitalism do.”
—John Mackey, co-founder, Whole Foods Markets
During the 20th century, Vietnam and Poland were both victims not only of devastating wars, but also of socialist planned economies that destroyed whatever war hadn''t already. In 1990, Vietnam was still one of the poorest countries in the world, while Poland was one of the poorest in Europe. But in the three decades since then, both countr
