Posted on 11/22/2002 10:26:44 AM PST by Davis
Having slogged her way through Mene Mene Tekel Upharsin, or maybe just some of it, a correspondent asked me if I really believed that the consent-and-exchange society I advocate could possibly work in a Third World country. I answered, yes, of course, and I told her it would work just fine, quickly deliver the goods, peace and prosperity. Indeed, I said, you could see the merits of a free and peaceful economy much more clearly in some benighted backwater of the world than anywhere in the developed world.
Mere assertion isn't persuasive, so I started considering how I could dramatize my argument. I was guessing that my correspondent found it hard to believe that a poor country could accomplish anything, pull itself up by its own bootstraps is the phrase, without some firm government guidance. Surely, she didn't mean a command economy of the usual socialist kind--everyone, except college professors--Paul Krugman and J.K. Galbraith for example--knows how devastatingly brutal and poor they always turn out to be. She was probably thinking about a social-democratic state--with elections and all--on the European welfare state model, like Sweden, the native home of barking cats....more
(Excerpt) Read more at atrentino.com ...
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