Free Markets

Many have praised Crown Prince Mohammed bin Salman’s reforms and say they represent the beginning of comprehensive reform within Saudi Arabia. But the monarchy’s stability is at risk.

Obama’s predecessors understood—innately, intuitively, inherently—that the free market is what works. It’s not a preference or an opinion. It’s not something that has to be tested or tried out. History proves it works. Empirical evidence proves it works. And both history and empirical evidence prove that socialism does not work.