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The Church and the Market: A Catholic Defense of the Free Economy QUOTES

The Church and the Market: A Catholic Defense of the Free Economy QUOTES

1 " cradle to the grave. In fact, though, a major study released in May 2002 by the Swedish Institute of Trade (HUI) decisively punctured the myth of welfare-state “prosperity” in Sweden: by the end of the 1990s, Sweden’s median income was $26,800, compared to $39,400 in the United States. More to the point, the HUI economists specifically pointed out: “Black people, who have the lowest income in the United States, now have a higher standard of living than an ordinary Swedish household. "

― Thomas E. Woods Jr. , The Church and the Market: A Catholic Defense of the Free Economy