According to the United Nations, 90 per cent of Venezuelan households are impoverished.
economic policy
When governments limit economic freedom, citizens find it harder to buy and sell what they want.
Politicians and bureaucrats in Canada are rarely affected if the claimed benefits of government initiatives fail to materialize.
The average Singaporean earns about 30 per cent more than the average American.
Over the last decade, growth in per-person GDP is at its lowest level since the 1930s.
Canada’s average income per person is now lower than income levels in 41 U.S. states.
Canada's real GDP declined by 11 per cent in the second quarter of 2020.
In the second quarter of 2021, real GDP per capita fell to 2.9 per cent below fourth quarter 2019 levels.
Economic decision-making should be dispersed among individuals, not centralized.
Eastern Europe's socialist economies opted for different paths to market liberalization.