Free markets are about more than GDP

A book review of Oren Cass’ The Once and Future Worker in National Review magazine notes:

“Over the last four decades, growth in gross domestic product has been solid, but the family income of the working class has fallen, marriages have collapsed, and opioid deaths have spiraled in large part because the nation’s policy­­makers have focused on having a large GDP, raising living standards, building and maintaining a generous safety net, improving the environment, and ensuring ever bigger and cheaper flat-screen TV’s. But we gave up too much to get these benefits.

“Free markets and labor markets in which workers can support strong families and communities is the central determinant of long-term prosperity and should be the central focus of public policy.”

National  Review, February 12, 2019

christopher escher