FOX Business host Larry Kudlow discusses the importance of free market capitalism, ending big government spending and pursuing economic prosperity in the U.S. on ‘Kudlow.’
I want to begin with perhaps the most famous line ever written in the English language: “We are endowed by our Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.” Probably heard that before.
Thomas Jefferson and the founders knew what they were talking about. That famous phrase is not only about prosperity, but as friends and devotees of Adam Smith, they were thinking about the economy and they were thinking about making folks happy. Smith was the free market rockstar. He led the Scottish enlightenment. Jefferson, Franklin and others knew Adam Smith and communicated with him regularly. “The Wealth of Nations,” well that was published in 1776. Ring a bell? Well, so was the Declaration of…
