Wednesday, January 04, 2006
Economic Freedom
The rankings are in, and Hong Kong was deemed the most free economically. Big surprise. I was surprised to see Iceland at number 5, mostly because I know very little about Iceland. Estonia, which I happen to know quite a bit about, came it at number 7. Once Estonia got out of the grasps of the Iron Curtain, they went about reforming their economy with a gusto few countries could duplicate. It's a wonderful country to do business in. The biggest surprise is Poland, which also threw off the chains of Communism with gusto but languished in recent years under the rule of some left of center leaders, coming in at 41 just ahead of the People's Republic of France. Hopefully, their new leader will turn things around and get them into the top 15.
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Hmmm...about Mary Anastasia O'Grady's article: worst than worthless. Why isn't Chile as succesful as Estonia? Well, of course it must be the leftist politics that took over after 16 years of a military dictatorship. WTF? Hey Mary, why are you skipping over those glory years? Cleary it wasn't the socialists stopping Chile from becoming a capitalist juggernaut while Pincochet was in power, they were being used to stop death squad bullets. Drivel.
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