April 13, 2007

UNDERSELLING CAPITALISM? “Capitalism is the villain in Barber’s piece, yet capitalism has proven time and again to be the singular cure for the poor health threatening the Third World. According to the 2005 Economic Freedom of the World report produced by the Cato Institute, the nations in the top quintile of average per-capita GDP also have the highest average life expectancy; 77.7 years versus 52.5 years for citizens of countries in the bottom quintile.”

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