Apparently, as Dan Mitchell explains, it's now the case.
I learned that at some point in the twentieth century, I think around WWII, Hong Kong and India were very comparable economically speaking. Then Hong Kong embraced the free market, while India embraced socialism.
And look what happened.
I remember reading in Paul Johnson's Modern Times a similar comparison between Argentina and the United States.
So why are we going backward?
I learned that at some point in the twentieth century, I think around WWII, Hong Kong and India were very comparable economically speaking. Then Hong Kong embraced the free market, while India embraced socialism.
And look what happened.
I remember reading in Paul Johnson's Modern Times a similar comparison between Argentina and the United States.
So why are we going backward?



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