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03/06/2011

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The wealthy countries tend to be democratic (with the principal exception of some of the small oil-producing countries), but are they wealthy because they are democratic or democratic because they are wealthy.

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Britain was democratic and socialist. Economic freedom varies widely across democratic nations, and across autocratic ones, producing some strange rankings of economic freedom.

Alfonso Fanjul

Economic freedom varies widely across democratic nations, and across autocratic ones, producing some strange rankings of economic freedom.

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The words you need by the people you admire, such as the: Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened, ambition inspired, and success achieved. College isn't the place to go for ideas. Death is no more than passing from one room into another. But there's a difference for me, you know. Because in that other room I shall be able to see. Everything has its wonders, even darkness and silence, and I learn, whatever state I may be in, therein to be content. Faith is the strength by which a shattered world shall emerge into the light.

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It is doubtful that the masses that have revolted in the Middle East will be content with democracy or understand the benefits of economic freedom. Most likely there will be a strong demand for redistibution of wealth, which in turn will foment strife with business interests, impair economic progress, and undermine the new governments, democratic or otherwise, of these nations. Discontent may grow and may result in the installation of Islamist governments that will curtail such economic freedom as these nations have. Or maybe not—I may be too pessimistic; the future of these countries is highly uncertain.


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It is doubtful that the masses that have revolted in the Middle East will be content with democracy or understand the benefits of economic freedom

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Riots might be less common here because of the social and spatial distancing that protects people from marauders but also prevents people from forming organic communities with any semblance of a common social life that Europe continues to enjoy--at least for now.

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