Reflections On the Formation and Distribution of Wealth – Part II
Keywords:Wealth, Trade, Lands, Capital, Division of labor
The author sustains that it is impossible to create wealth in the presence of redistributive policies, using the land factor as the main theme of his analysis. He defends free trade and property rights, and shows how voluntary exchanges and the division of labor, with the consequent generation of wealth, arise exactly from the unequal distribution of land.
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