The concept of limited government intervention has become increasingly prominent in our current intellectual climate. While there has surely been a long history of exploration and critique of the idea of minimal governmental control, this article will attempt to uncover the secret of its shocking benefits. To put things into perspective, it is essential to outline the core argument of why limited government intervention can be beneficial. At the base of its rationale lies the principle of liberty, whose meaning is twofold: it stands for both individual freedom and the notion of limited government.

The power of free market competition has been well understood in economics for centuries! The principle is that strength and innovation come when different individuals with different opinions and objectives are put into direct competition with each other. It’s the idea that no single entity should have absolute control over anything, but instead, is challenged and improved by other entities. Throughout history, we can see how societies with open and competitive markets have produced far greater growth than those with closed and monopolized markets.