World’s Second Largest Economy? The Black Market
by Thomas Woods on February 4, 2012 at 3:48 PM
Courtesy of the SayAnythingBlog, this segment reports that the black market — in other words, people making free exchanges with each other without supervision and expropriation by state structures — now amounts to the world’s second-largest economy. (This unofficial economy has helped the poor more than all the foreign ‘aid’ boondoggles of the past 60 years.)
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