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> We can have the luxury of rights when we're there. You're telling me to eat cake since we ran out of bread The majority of economists would disagree. More ec
by jmckib 11y ago
> We can have the luxury of rights when we're there. You're telling me to eat cake since we ran out of bread
The majority of economists would disagree. More economic and political freedom would accelerate economic progress, not hold it back. Check out Why Nations Fail by Daron Acemoglu for an in depth discussion of this in relation to China.
- paul_milovanov 11y agoThe chicken-egg problem has been solved and nobody told me? my, my.
- jmckib 11y agoAll I'm saying is that more freedom causes economic growth, which is not a controversial statement. I think you're saying that economic growth will lead to more freedom. I'm sure that's true to some degree, but there are counterexamples. The Soviet Union experienced dramatic economic growth, but freedom never improved, and eventually the economy stagnated, as will China's (I predict). In any case, surely more freedom in China would not be a bad thing.
- rumcajz 11y ago> All I'm saying is that more freedom causes economic growth What about Russia in '90s?
- deleted 11y ago[deleted]