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Governments can be classified by their economic policy. The [[U.S. Constitution]] provides basic protections for [[private property]] that are the foundation of American economic policy.
Governments can be classified by their economic policy. The [[U.S. Constitution]] provides basic protections for [[private property]] that are the foundation of American economic policy.
George Reisman, Professor of Economics at Pepperdine University, wrote
George Reisman, Professor of Economics at [[Pepperdine University]], wrote
* Economics, as the science which studies the production of wealth under a system of division of labor, is actually the science which studies the production of wealth under [[capitalism]]. [http://www.capitalism.net/Capitalism/Economics%20and%20Capitalism.htm]
* Economics, as the science which studies the production of wealth under a system of division of labor, is actually the science which studies the production of wealth under [[capitalism]]. [http://www.capitalism.net/Capitalism/Economics%20and%20Capitalism.htm]