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Politics : Foreign Affairs Discussion Group
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To: JohnM who wrote (59616)12/2/2002 8:53:14 PM
From: LindyBill  Read Replies (2) of 281500
 
Somewhere in there, hopefully, there is a mix in which the aim is to improve human welfare

We can't get at the WSJ article unless you post it. I get more and more addicted to the "Drunk" analogy. These societies have to hit bottom before they can really reform. I read a comment by Milton Friedman recently in which he is supposed to have said that if he had it to do over, he would recommend "The Rule of Law" be implemented first over "Free Enterprise."

That is what De Soto is getting at, and what has gone wrong in these communist conversions and third world makeovers. We had a working legal system and property rights when we industrialized, a lot of the Countries still dont.
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