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The Moral Value of Economic Growth
The Moral Value of Economic Growth
May 6, 2025 5:19 AM

In 1820, America’s per capita e averaged $1,980, in today’s dollars. But by 2000, it had increased to $43,000. That economic growth has benefited the rich, of course. But it has also transformed the lives of the poor — and prevented many more from ing or staying poor.

In this superb short video, the American Enterprise Institute briefly explains the moral value of economic growth.

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