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> Confessions of an Economic Hitman That book is a fine illustration of misgovernment and how it prevents people in underdeveloped countries from creating weal
by pdonis 3y ago
> Confessions of an Economic Hitman
That book is a fine illustration of misgovernment and how it prevents people in underdeveloped countries from creating wealth. (And, btw, plenty of the misgovernment is in the US and other developed countries, not just the underdeveloped countries.)
What it isn't is a demonstration that any of that misgovernment is necessary in order for people in the US and other developed countries to create wealth. If all such people were thrown in jail for life tomorrow, wealth creation in the US and other developed countries would go on just fine. In fact it would probably improve, since shutting down the misgovernment would include doing it in the US, where it also impedes wealth creation.