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Guns vs. Butter (North Korea edition)

North Korea is the dark spot

To the right, you can see a nation that has been a free nation for over 60 years (Japan) and with a cultural heritage of austerity and discipline. Near the middle is a nation that has been free for over 50 years (S. Korea) and with a less austere culture. [...]

Competitive Alternatives

I’m really bothered that in all debate around the topic centers on the concept that if one is against this bailout, then one is in favor of ‘doing nothing.’ I have not heard a single serious alternative even floated about how to fix this problem.
I want to hear more about capital requirements. The Chinese have lowered theirs while theEuropeans have raised theirs. [...]

Anti-anti-smoking Forces

A restaurant owner in China started to ban smoking in the restaurant, and lost about 20% of his patronage. [...]