Thanks for your comment, Reeses.
I suspect strongly, though, that nothing would be necessary to encourage productive people to move there, open businesses, etc., other than:
- rule of law
- limited government (subset of law)
- respect for property rights (subset of rule of law)
- very limited government
- very low taxes (subset of everything above)
It’s not that this hasn’t been tried before. It’s more like the US used to be and what we’re going away from now.
If one of these little countries does this (or, more accurately, establishes a “zone” where this is the case and everyone believed it were permanent), it would change the world, literally.
This may be the one best way to fight leftism here: give an example somewhere else of what life in a conservative environment is like.
Bonus question for everyone: what do you predict would be the unemployment rate in this zone?
It would be limited to the number of people who CHOOSE to remain unemployed and feed off of everyone else's productivity in that kind of environment. Probably less than 1%, provided that private charity would remain a primary source of relief for the truly unfortunate without the interference of government attempting to assume that role as a form of power brokering.