Von Hayek was wrong. In strong and vibrant democracies, a generous social-welfare state is not a road to serfdom but rather to fairness, economic equality and international competitiveness. (Jeffrey D. Sachs)

Von Hayek was wrong. In strong and vibrant democracies, a generous social-welfare state is not a road to serfdom but rather to fairness, economic equality and international competitiveness.

Jeffrey D. Sachs

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equality fairness international road serfdom state vibrant wrong competitiveness hayek

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