What Creates Wealth?
Why are some countries rich and some countries poor? Is it access to natural resources? Is it tax policy? A motivated work force? These are important, but not determinative. The answer is deceptively simple – it’s what’s in our heads: knowledge. Thus, the surest way to promote economic growth is to cultivate an environment that encourages the spread of knowledge. Such an environment requires freedom, which is why the freest societies are the most prosperous. In five minutes, economist George Gilder explains why. You can support PragerU by clicking http://ift.tt/1kTIUm0 videos are great, but to continue producing high-quality content, contributions -- even small ones -- are greater. Do you shop on Amazon? Now you can feel even better about it! Click http://ift.tt/1AAABvO a percentage of every Amazon purchase will be donated to PragerU. Same great products. Same low price. Charity made simple. Visit us directly! https://www.prageru.com LIKE us! http://ift.tt/R8ZQWT Follow us! Twitter: https://twitter.com/prageru Instagram: http://ift.tt/1PGD6Ia If you are an educator and are interested in using material like this in your classroom, click http://ift.tt/1kTIUm2
via YouTube https://youtu.be/661TPEvCCTU
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