The Black Market: The Shadow Superpower

Posted November 18th, 2011 by JoelG
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Tom Woods calls this article "one of the most interesting and startling articles I have read in a long time."

In 2009, the Organisation for Economic Co-operation and Development (OECD), a think tank sponsored by the governments of 30 of the most powerful capitalist countries and dedicated to promoting free-market institutions, concluded that half the workers of the world -- close to 1.8 billion people -- were working in System D: off the books, in jobs that were neither registered nor regulated, getting paid in cash, and, most often, avoiding income taxes.

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