Nope. The 2 countries (microstates?) that are often touted as free-markets are Hong Kong SAR and Singapore. Hong Kong, which is widely applauded by neo-Liberal

Nope. The 2 countries (microstates?) that are often touted as free-markets are Hong Kong SAR and Singapore. Hong Kong, which is widely applauded by neo-Liberal economist Milton Friedman for it's low taxation and hands off regulation, has a hidden secret, they raise most of their revenue from land leases. To clarify, in Hong Kong the only piece of freehold land belongs to Saint John's Cathedral. > Article 7 of the Basic Law of the Hong Kong Special Administrative Region (HKSAR) stipulates that the land and natural resources within HKSAR shall be state property. Same goes for Singapore, they meddle continuously in the real estate economy through the HDB. Ethnic quotas in state owned buildings ensure Singapore's racial harmony. It's questionable whether either country could survive without their neighbors (China and Malaysia) whom they import most of their goods from.