Thursday, September 15, 2011

The Rise and Fall of the White Man’s Empire

For at least three years I have been claiming that it is largely “all over” for the rent seeking economies – that is the interest group and politics riddled closet collectivist economies which make up the “developed” world.

Here is a graph that makes the point better than I can:

image

This is one result of the N.Z. Prime Ministers “streak of socialism in us all”.

Such fun…..

Brent

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