How does the "invisible hand" of the market drive economic growth? | Markets disperse and distribute power among households In an article titled "America's best times, worst of times" in The Independent, economist Richard Vedder wrote: We Americans are the luckiest people who have ever lived on earth. Wealthier than ever, most Americans also have far more free time than previous generations. America's economic supremacy (the 20th century was the "American Century") comes to an abrupt end. For example, China will probably overtake us in terms of overall economic output in the next decade or two. Of course, there may be some truth in both of the above views, and the positive and negative aspects almost cancel each other out. We must allow the "disappearing hand" of the market to allocate more resources than is currently the case. Such an action can re-energize economic growth and strengthen optimism about the future of our country. The details of the report are on Instagram.

How does the "invisible hand" of the market drive economic growth? | Markets disperse and distribute power among households In an article titled "America's best times, worst of times" in The Independent, economist Richard Vedder wrote: We Americans are the luckiest people who have ever lived on earth. Wealthier than ever, most Americans also have far more free time than previous generations. America's economic supremacy (the 20th century was the "American Century") comes to an abrupt end. For example, China will probably overtake us in terms of overall economic output in the next decade or two. Of course, there may be some truth in both of the above views, and the positive and negative aspects almost cancel each other out. We must allow the "disappearing hand" of the market to allocate more resources than is currently the case. Such an action can re-energize economic growth and strengthen optimism about the future of our country. The details of the report are on Instagram.