Permanent Depression – Statism

https://mrdevinney.com/permanent-depression-statism/

It’s alleged there’s an absence of depressions under statism. It’s actually the opposite. Statists economies are permanently depressed. They may not have large fluctuations, but that doesn’t change the reality of the situation. There are no entrepreneurs in statism. An entrepreneur might have a great idea for a good. This new good will never hit the market in a statist economy. The masses are always forced to live at a lower standard.