I started this blog in June 2007 asking these questions: Are we in a massive asset bubble that will blow up in our faces ??? - ANSWERED YES ! Is western and particularly British society on the verge of social collapse??? What are the best common sense long term investment strategies to keep you rich? When will consumption/debt bubble economics end and a real savings/production economy begin ???
Sunday, 30 May 2010
Better off stateless: Somalia before and after government collapse
Could anarchy be good for Somalia's development? If state predation goes unchecked government may not only fail to add to social welfare, but can actually reduce welfare below its level under statelessness. Such was the case with Somalia's government, which did more harm to its citizens than good. The government's collapse and subsequent emergence of statelessness opened the opportunity for Somali progress:
http://www.observatori.org/paises/pais_74/documentos/64_somalia.pdf
http://www.peterleeson.com/Better_Off_Stateless.pdf
------------------------Check out the rest of this blog here.
blog comments powered by Disqus
Subscribe to:
Post Comments (Atom)