LawTalkers  

Go Back   LawTalkers

» Site Navigation
 > FAQ
» Online Users: 164
0 members and 164 guests
No Members online
Most users ever online was 9,654, 05-18-2025 at 04:16 AM.
View Single Post
Old 06-03-2005, 04:00 PM   #12
Tyrone Slothrop
Moderasaurus Rex
 
Tyrone Slothrop's Avatar
 
Join Date: May 2004
Posts: 33,080
Breaking economic principles down to a level so basic that they are meaningless.

Quote:
Originally posted by Spanky
I don't understand which point you guys are trying to argue against.

Wealthier countrys tend to be stable free market democracies.
OK, but you are confusing causation with correlation. The few counterexamples tend to show as much.

Quote:
Growing economies tend to lose their dictators. (Again one or two examples does not disprove the point. You need to show that a significant number of countrys with had growing economies over a signficant period of time did not throw off their dictators). Chile, South Korea, Taiwan, Thailand, Spain, Portugal, Greece, Indonesia, Malaysia, Singapore etc.
There are plenty of counterexamples here. Russia, Malaysia, Singapore, Indonesia, Saudi Arabia, Kuwait, Nigeria, Fiji, Peru, e.g.

If you really think Malaysia, Indonesia and Singapore are functioning as democracies, then we may be having a problem agreeing upon basic terms.

China has rip-roaring growth and is no democracy. As of now, it disproves your argument.

Quote:
Free market economies tend to produce the higher growth rates.
OK. That doesn't mean that free-market economies will necessarily be stable, politically.

Quote:
Highly controlled economies tend to either reduce economic growth or keep a country poor. Examples: Inda, Cuba, Burma, Chile before Pinochet, China before the 1980s, the Entire soviet block, England prior to Margaret Thatcher..............
No one thinks Cuba or Burma is an example of how to manage an economy.
__________________
“It was fortunate that so few men acted according to moral principle, because it was so easy to get principles wrong, and a determined person acting on mistaken principles could really do some damage." - Larissa MacFarquhar
Tyrone Slothrop is offline  
 
Powered by vBadvanced CMPS v3.0.1

All times are GMT -4. The time now is 12:29 PM.