Capitalismo

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"#Capitalism,” a term of disparagement coined by socialists in the mid-nineteenth century, is a misnomer for “economic individualism,” which #AdamSmith earlier called “the obvious and simple system of natural liberty” (Wealth of Nations).

Read more in the Concise #Encyclopedia of #Economics:
http://ow.ly/131W30nZpZP

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Capitalism - Econlib

“ Capitalism,” a term of disparagement coined by…

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