Sure, but does he know economics?

It’s one thing to conclude that markets are immoral after learning how markets work and what life would be like in their absence.  Such a conclusion is intellectually defensible because it would reflect an informed – if, in my view, bizarre – value judgment.  But the conclusion that markets are immoral typically reflects – as it surely does in the case of Pope Francis – utter ignorance of the logic and history of markets (and of the logic and history of governments).

Not hardly.

Freedom rings and people answer the bell.

The greater the economic freedom, the wealthier and happier the people. From minimum-wage laws to higher progressive taxation to greater unionization to larger welfare programs to more regulation, left liberals demand a stronger and more economically active central government.

Advocates of laissez-faire, on the other hand, favor smaller government, less regulation, lower taxes, and greater individual opportunity and property rights.

But which economic policy approach actually yields the best results?

Read on, my friends, read on.