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Artificial Controls Distort Economy Says The Executive
Richard A. Riley president of The Firestone Tire & Rubber Company argues government price controls distort inflation drivers like spending currency and wage practices. He defends free enterprise as the efficient system for growth and job creation while criticizing public attacks on profits. Trust in market mechanisms is essential amid poverty and shortages. He calls profit flows vital to capital formation and living standards.
MENTIONED IN THIS ARTICLE
Richard A. Riley
Firestone Tire & Rubber Company
Riley
America
Firestone