But you already knew that. How could Heritage Foundation possibly know? It is a statist, big biz/big govt think tank. I think their list is one of those rhetorical devices wherein you list what everyone already knows 1. Hong Kong 2. Singapore 3. Ireland... and then 6. USA. USA freer economically than China? That is absurd, if you consider "free to" vs. "free from."
The end of the article gets weird, claiming that the Hong Kong economy is dominated by billionaires and cartels, which is a weird characterization (and how come Hong Kong has 5 times the billionaires per capita than the USA?) Second, the article complains that the free economy in Hong Kong does not have enough regulations. Well, duh!
Tuesday, January 13, 2009
Hong Kong Freest Economy
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment