Leon,
Of course anecdotal evidence is tempting. You know someone who has a strong belief, who is poor or is rich, and you are influenced, but anecdotal evidence is of the weakest sort. Nevertheless I’ll engage in a bit of it. A couple in our church were arguably in the lower strata of economic possibility. He worked as a swamper, loading trucks and she had babies instead of working. He was laid off and our church had to help him pay his bills. Then he got another job, slightly better than the one he lost – as a sort of head swamper, and now he is buying a house, all in the space of about two years.
I know some people who were laid off when a truck company went out of business, but they all have better jobs now.
I could go on and on.
I’ve read many articles like this one. These are the demonstrable facts, in my opinion. And they’ve been known for at least fourteen years. These facts were an assumption in Francis Fukuyama’s The End of History and the Last Man, 1994. He assumed that the Free Market of Liberal-Democracies was as Martin Wolf describes them to be. Do the various articles and books I could produce (that would agree with Martin Wolf) comprise evidence? Although they are better than anecdotal evidence they do not comprise “perfect evidence.” Still, I find that they inform us as to what perfect evidence would look like, i.e., the actual comparison of Free Market economies with other economies in all the realms that Wolf is interested in – which include, granted that the Free Market economy is superior in the economic sense, the other aspects he mentions. That is, does some other economy do better in terms of human rights for example? What I have read convinces me that there is nothing to compare with the free-market economy of Liberal-Democracy in any of the realms Wolf mentions, but as Wolf’s lead-in tells us, there are plenty of people with the contrary opinion.
Lawrence Helm
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