Conspiracy Theorist: 10/06

Embrace economic freedom

Everything leftists claim about economics is demonstrably false

Mark Luedtke


In upside-down world, Pope Francis gallivants around excoriating peaceful economic interaction—economic freedom—instead embracing systematic coercion—socialism—against all the people of the world. He embraces Cuba’s Castro brothers, among the greatest mass murderers and oppressors in history, then criticizes Americans for unbridled free markets. As if America had any free markets.

So much for advocating peace.

Whenever politicians, including the Pope, advocate socialism over free markets, as nearly all do regardless of party, I wonder whether they are stupid or evil. They have to be one or the other because economies exist to improve the wellbeing of the people, and the freer an economy is, the better it succeeds. The more government intervenes in the economy, the worse it works for the people. The people peacefully engage in economies for their own benefit, improving the lives of everybody in the process. Rulers coercively manipulate economies for their own benefit, harming the people in the process. This isn’t ideology. It’s reason. It’s also demonstrable fact.

Like me, Walter Williams believes leftists tend to be evil, not stupid, though he uses the terms idiotic and dishonest.

“Many people argue that liberals, socialists and progressives do not understand basic economics. I am not totally convinced about that,” he wrote. “Take the law of demand, for example, one of the fundamental principles of economics. It holds that the lower the cost of something, the more people will take or do of it. Conversely, the higher the cost the less people will take or do something. By their actions, liberals fully understand the law of demand.” Williams lists examples showing that although leftists understand the laws of economics and their consequences, they advocate damaging, coercive interventions anyway.

The consequences are unambiguous. The Fraser Institute recently released its “Economic Freedom of the World” report which unequivocally illustrates that countries with greater economic freedom tend to be more prosperous. The greater the difference in economic freedom, the greater the difference in standard of living and wellbeing. But it also illustrates other trends. For example, although South Korea only embraced economic freedom in the last few decades, the standard of living of the South Korean people is rapidly approaching that of Americans even though economic freedom has only been curtailed in the U.S. in the last century and aggressively in the last couple decades. The standard of living in the U.S. is falling because economic freedom is declining. The U.S. has dropped from second in the rankings in 2000 to 16th today.

This isn’t true just for countries. Gabriel Openshaw reports, “Taking into account cost-of-living differences, the top ten most economically free [U.S.] states have an average $52,334 median household income, which is considerably higher than the $43,090 median income for the ten least free. That’s a 21 percent raise for workers by switching state government policies to a smaller government approach.”

And unlike leftists claim, everybody benefits. Openshaw continues, “The observed results are not a question of race or country of origin: African-Americans, Hispanics, Asians and immigrants also earn substantially more in the more economically free states. While left liberals should be lauded for their apparent concern for the welfare of minorities, the truth is that their policies yield the worst results for them, a standard of living pay cut just for living in a more regulated and heavily taxed state.” Urban versus rural doesn’t matter either. Wellness rankings are higher in more economically free states too.

These state-level differences, because state rulers are more accountable to the people than federal rulers, explain why federal rulers are trying to eradicate federalism.

We’re all entitled to our opinions, but the tremendous benefits of economic freedom over socialism are fact. Since the benefits of economic freedom are so obvious and pronounced, it begs the question of why so few Americans know about them. They should be taught to schoolchildren all year, every year. But because leftists dominate society, control both parties, and this information doesn’t benefit them, they bury it. Government schools are socialist, run by socialists, and socialists miseducate children to advance socialism for their own benefit. Media corporations hide it because government interventions benefit corporations. Taxes, regulations and interventions are designed to enrich government’s corporate agents.

While rulers keep the people in general ignorant of the benefits of economic freedom, politicians, top bureaucrats, plutocrats and media propagandists understand them. They systematically lie to us about the benefits of socialism because socialism benefits them at our expense. The Pope included.

The views and opinions expressed in Conspiracy Theorist are the views and/or opinions of the author and do not reflect the views and/or opinions of the Dayton City Paper or Dayton City Media and are published strictly for entertainment purposes.

Mark Luedtke is an electrical engineer with a degree from the University of Cincinnati and currently works for a Dayton attorney. He can be reached at

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Reach DCP freelance writer Mark Luedtke at

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