The credibility of free market capitalism is constantly threatened by critics who doubt its propensity for engendering prosperity. Its reputation is battered daily by the venomous pens of left-leaning writers advocating statist alternatives and their conservative allies touting economic nationalism. However, such narratives are frequently punctured by the piercing evidence of empirical data. Anticapitalism offers nothing beyond the appeal of emotional rhetoric.When tested, its assumptions collapse under scrutiny by showing the superiority of free markets. Globalization, for example, is a primary target of antimarket critiques, but instead of harming local economies, as some suggest, research indicates that trade liberalization raises growth rates. Trade openness enables entrepreneurs to
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