That said, those economies have some weird aspects to them. Both are small states. Both have much lower proportions of their population in poverty than larger s

That said, those economies have some weird aspects to them. Both are small states. Both have much lower proportions of their population in poverty than larger states. Both are centers of global commerce. In general I agree with you that markets allocate resources far better than the most earnest central authorities. That said, market failures often happen without regulation from governments.