Three Myths About Capitalism: Jeff Miron

I mostly agree with Jeff Miron’s revealing of these three myths about capitalism. As Miron discussed, pro-capitalism is mostly related and is benefited more by the consumers than the businesses. It is harder for the businesses to benefit as consumers do because as Miron explained, businesses are always going to have to compete against each other to win the consumer over. Therefore, consumers will have the advantage because a businesses’ goals are please their consumers. While most believe the myth that capitalism distributes income unfairly, I disagree because as Miron clarified, those who put more work in and are more productive will ultimately receive more in return than those who are inefficient and unsuccessful. I also agree that the recession