Hacker News new | ask | show | jobs
by G3rn0ti 1421 days ago
Free markets usually direct selfish interests of people to create overall benefits for the society as a whole (with the occasional exceptions of course). Immoral behavior and excessive egoism usually are the result of bad economic policies that act to hamper individual freedom. The behavior you observed in Argentina is most likely the outcome of generations of short-sighted government policies that empower a small clique but deprive a majority of their economic well-being. Tax evasion, corruption and social inequality are the direct result.

Bad monetary policy makes bad acting individuals: https://mises.org/library/ethics-money-production