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natural resources . . . are relatively common around the globe.
It isn’t “in the blood.” . . . We are a nation of mutts, so that can’t be it either.
It isn’t that our benevolent governments have driven this. For most of the history of the country all government was relatively small. Throw in the fact these organizations don’t create wealth, but only consume it, and obviously the amazing engine of wealth creation has little to do with the powerful non-profit organizations we call government.
No, the amazing wealth-creating behemoth that is the United States of America is due to the simple fact that individual freedom and limited government is in agreement with reality. They work because they are true, no more, no less.

This really shouldn’t be shocking. Are we shocked when two free hydrogen atoms become water when joined with one oxygen atom? We factually accept this atomic dance because that’s what happens, every time! The same is true with creating wealth.

I like the statement that an America Secretary is better off than Queen Victoria was. Which I interpret as meaning that most blacks today are better off than the slaveowners of 1½ centuries ago were in their day.
Alexander Hamilton wrote that
>“The republican principle demands that the deliberate sense of the community should govern the conduct of those to whom they intrust the management of their affairs; but it does not require an unqualified complaisance to every sudden breeze of passion or to every transient impulse which the people may receive from the arts of men ^socialists , who flatter their prejudices to betray their interests.” ― Alexander Hamilton
IMHO that “men” can usefully be read “socialists” today . . .
Excellent Read! Bookmark and Ping.