Communist China’s decision to join the global economy triggered the greatest contraction of poverty in world history. Yet amazingly, the indispensable impetus to that transformation—its inspiration and guide, the source of much of its talent and capital—has been widely overlooked, and never replicated. The model of Hong Kong has been hiding in plain sight. Hong..
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The World Needs a Dozen Hong Kongs
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Theodore Roosevelt Malloch, Spiritual Enterprise
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Theodore Roosevelt Malloch, Spiritual Enterprise (New York: Encounter Books, 2008), 163 pp., xxii. The modern market economy has, with some notable exceptions, from the time of Rousseau and Marx down to the present been largely defined by its ignorant adversaries. They see only the bad and attribute every conceivable evil to it. The defenders of..
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Freedom and Opportunity Back Home For Illegal Immigrants
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The desperation that drives millions of illegal immigrants into our country will never subside until there are jobs and genuine opportunity in their stagnant home economies. Fortunately, there is a way the U.S. could jump-start non-corrupt, democratic, private sector-led, globalized economies inside otherwise destitute third world countries. We could do it soon, and we could..
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