Overthrowing malevolent regimes can be tricky precisely because the regimes are malevolent, writes KingEconomist
This really matters. Operating economically behind closed doors is the surest route to impoverishment. We don’t only have to look at North Korea. Consider the Soviet bloc’s experience. East and West Germany went their separate ways. East Germany’s planners produced cars for the local population. If you were an East German, you may have owned a Trabant. Introduced in the late-Fifties, the Trabant’s design barely changed in three decades.
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