Economic prosperity is neither impossible nor inevitable. There are scores of examples on either side of the prosperity divide. From these we can learn quite a bit about what it takes to be economically successful.
Prosperity eludes some countries while others flourish — but not because of some deep, dark, mysterious reasons. Economists know what works, what doesn’t work and why. Here I present some basic bits related to the subject from a personal perspective.
Continue reading “Stealing is a Bad Thing — Part 2”