Tuesday, June 28, 2011

Free Trade - It's The Right Thing To Do

This is the blinding flash of the obvious.  What did more to alleviate poverty - freed up markets in India or all those years of "government assistance" to Africa?  We who suffer from the fatal conceit think we can take money from the dupes (aka citizens) and give it to those in need (aka, the cronies who run 3rd world nations) and get sunbeams from cucumbers. 

What the human condition benefits most from is property rights and the rule of law to make them matter. 

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