All Posts Tagged With: "Asian crisis"
How Real Is the Asian Economic Miracle? A Reprise
“In retrospect, all fools become wise.” —Ludwig von Mises In the November/December 1994 issue of Foreign Affairs, Stanford economist Paul Krugman wrote a controversial article titled “The Myth of Asia’s Miracle.” He argued that, like Stalinist Russia and other centrally planned economies of Eastern Europe, the Southeast Asian nations were authoritarian and engaged in “growth [...]
1Apr1998 | Mark Skousen | 0 comments | Continued-
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