Commentary on John Medaille’s 'Toward a Truly Free Market'

Modern economic theory has been a dismal failure, creating a “superhighway” toward serfdom, with a legacy in the United States of an “unrepayable” federal debt of $12 trillion in 2010, up from a mere $700 Billion in 1981. That is JUST one of the sobering conclusions to be found in John Medaille’s splendid new book, Toward a Truly Free Market: A Distributist Perspective on the Role of Government, Taxes, Health Care, Deficits, and More (ISI Books, 2010).