Les Jones

Economics > Progress in China

More progress on economic freedom and political freedom in China.

Not that economic freedom isn't a form of political freedom, of course. It's great and necessary to have political rights, but it's equally great and necessary to have economic rights: the right to keep as much as your money as possible without the government taking it away, the right to run a business without undue government interference, and the right to enter into private contracts.

China has a long way to go on both fronts, but it's amazing that the government there is making the effort. They saw what happened to the USSR, and saw where their path - communism and statism - had taken them, and decided to steer away from it. It's an amazing historical experiment.