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The idea is that political freedom begets, enables and protects economic freedom and subsequently entrepreurship and dynamism flows. I think it's generally acce
by te_chris 8y ago
The idea is that political freedom begets, enables and protects economic freedom and subsequently entrepreurship and dynamism flows. I think it's generally accepted that the western democratic economies are more dynamic than those of more repressive states. I also think that China is a strange one. Based on my anecdotal experience, people seem quite free at a micro level in China and incredibly entrepreneurial and resourceful.