Historically, many countries have centralized their economies in an effort to improve productivity, raise living standards, and increase economic growth. In reality, the opposite has often occurred, resulting in stagnant economies and falling standards of living. Conversely, history demonstrates that creating increasingly open and fair markets activates economic potential that lay dormant under more authoritarian regimes.
This concept is particularly relevant currently, as we witness harm to the majority as a result of the hubris of the minority. Nowhere is this more evident than in the actions of central bankers across the world, US central bankers excluded