Re:Friedrich Hayek on Evolution and Spontaneous Order (1983)...
by logicchains on Tuesday June 30, 2020 @08:55AM
(#23689512)
>And China's economic failure compared to liberal countries like India is a great illustration of that.
Better to compare China to Korea, Singapore, Hong Kong and Taiwan, which all started at a similar position (and have similar cultures), but now those others all have way higher GDP per capita than China.
Better to compare China to Korea, Singapore, Hong Kong and Taiwan, which all started at a similar position (and have similar cultures), but now those others all have way higher GDP per capita than China.