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I think you're conceding too much ground. You need only look at Hong Kong vs. mainland China (pre-Deng) to empirically see the difference between massive govern
by ramanujan 16y ago
I think you're conceding too much ground. You need only look at Hong Kong vs. mainland China (pre-Deng) to empirically see the difference between massive government spending and laissez faire in sharp relief. Same with North Korea vs South Korea, or East vs West Germany, or pre/post reform India. In other words, you need not invoke morality to demonstrate that a large government sector represses growth.