Governments could reduce the cost of licensing new businesses and getting permission to build new houses. They could als
Posted: Mon Apr 18, 2022 9:13 am
Governments could reduce the cost of licensing new
businesses and getting permission to build new houses. They could
also provide laws that clearly define property rights and create
courts and police that enforce these rights. In addition, they
could make transferring these property rights less costly. These
increased property rights, in addition to reducing the quantity of
dead capital, will also open their economies to foreign investment,
which can be used to finance more capital.
How does dead capital play into the greater concept of
"Economic freedom"?
businesses and getting permission to build new houses. They could
also provide laws that clearly define property rights and create
courts and police that enforce these rights. In addition, they
could make transferring these property rights less costly. These
increased property rights, in addition to reducing the quantity of
dead capital, will also open their economies to foreign investment,
which can be used to finance more capital.
How does dead capital play into the greater concept of
"Economic freedom"?