The Force That Liberated Women .The innovations and opportunities of modern markets freed women more than men

FEE reports:

Everyone in the world today has cause to be thankful that they live in a world and a time shaped by modern capitalism. However, women have particular cause to be thankful above and beyond the gains in material well-being that they share with men.

The contrast between the great majority of human history and the world that has grown up since the mid-18th century, most notably the enormous and unprecedented increase in wealth and physical comfort that has taken place since then, even for those who count as poor today, means that everyone alive today is very fortunate compared to their ancestors.

This huge and measurable increase in well-being is mainly due to modern capitalism and its central feature, sustained innovation, along with the crucial supporting institutions that make that possible: the rule of law, free exchange and inquiry, and individual liberty.

The tenured socialists on campus will hate this article.