Archive for December, 2005

Globalization

Friday, December 30th, 2005

Globalization is the most powerful force for liberalization and the expansion of freedom ever to be seen on the face of the Earth.

Why did the USSR fail? Ten thousand reasons, but number one was a global marketplace. The old USSR could survive indefinitely in a fragmented world. In a global world, their shortcomings […]

Who Contributes Most?

Thursday, December 1st, 2005

Who contributes most to our productivity and well being? Lets do a thought experiment. Imagine you could send 99 people to the People’s Republic of China to ply their trade (and that they will be allowed to actually ply their trade there as they do in the USA by the powers that be […]