What Makes a Society Free and Prosperous?

Today, Australians enjoy unprecedented safety, wealth, and longevity.

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Over the last century:

• Homicide rates per 100,000 people have dropped from 2.6 to 1.0.

• GDP per capita has soared from $7,336 to $52,059.

• Life expectancy has increased from 61.0 years to 83.4 years.

• The population has grown from 5.4 million to 26.6 million.

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Similar transformations have taken place in other countries. Around the world, millions are better off than ever before. For centuries, most people lived on just $3 per day; today, the global average is $45 per day, or $16,667 annually. More people have been lifted out of poverty in the last hundred years than in the entire history of mankind.

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What has brought about this remarkable, comfortable, and civil modern life?

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Here’s the secret.

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In a free market, every trade benefits both parties. The more we diversify as consumers and specialize as producers, the more prosperous we become as individuals and nations.

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Entrepreneurs drive this economic process. They invest their time and capital, backing their judgments to create the goods and services they believe consumers want.

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For a concise explanation of libertarian economics and its successful outcomes, I recommend spending 20 minutes listening to Javier Milei’s speech at the Annual Meeting of the World Economic Forum in Davos in January 2024.

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My books and blogs are grounded in the principles of Libertarian Philosophy and Austrian Economics.

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The Fragility of Freedom offers insights into the cultural heritage of Western civilization and advocates for a moral society based on the principle of subsidiarity.

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The Fortunate delves into the ideas that have fostered the free and affluent societies we enjoy today.

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My books are published by Connor Court.

[CLICK HERE TO ORDER]

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