To cite again my own work, democracies deliver more stable and more predictable growth, are better at handling shocks, and deliver more equitable economic outcomes, even if in the long-run their average growth performance is no different than autocracies'. Poor and ethnically divided countries experience higher growth after making a transition to democracy. In short, democracies tend to do pretty well, and are much less prone to the fatal pathologies that Caplan worries about.posted by TheophileEscargot at 12:21 AM on June 2, 2007
A majority of Americans say the federal government should guarantee health insurance to every American, especially children, and are willing to pay higher taxes to do it, according to the latest New York Times/CBS News poll.
Reminds me of the classic 'At least the trains run on time' comment about fascist Italy.
Equatorial Guinea, a lugubrious hellhole by any other measure, is the fourth wealthiest country in the worldWell, you know. A rising tide lifts all ships...
Letting the government eavesdrop on our conversations would have been unthinkable ten years ago. Opening a concentration camp in Guantanamo and building new ones in the United States would have raised the worst kind of fear in American hearts.Even more interesting, it would've raised the harshest "It's time for revolution" criticism from the same ideological camps who now support it.
« Older New Hampshire approves same-sex unions with bipart... | Alex cf is a young British art... Newer »
This thread has been archived and is closed to new comments
posted by adoarns at 11:01 PM on June 1, 2007