The strength of markets is their ability to coordinate economic activity efficiently and to stimulate and reward innovations that lead to technological progress and economic growth. Government is responsible for protecting the economy and society against market failures that reduce the material quality of life and threaten health and safety, hopefully without losing much of the strength of markets.
Unfortunately, Donald Trump and Kamala Harris are seeking the presidency during a time when the nation is deeply divided. The result is that, to appeal to disparate prospective voters, both candidates are taking positions that would undermine the performance of markets and government. Thus, voters’ choice of candidate must fall to character.
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