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World News

Bureaucracy: The Red Tape that Prevents Economic Growth

Contra Keynesians, who believe that government spending and bureaucracy are the keys to economic growth, it is the bureaucratic state that swallows resources and stifles entrepreneurs. The more powerful the bureaucracy, the lower the standard of living.

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Let’s jump right in. For me, everything starts at the TOP. I take a top-down approach to trading. And when I say “the TOP”,...