The recent attacks on
@sapinker
are completely unjustified.
Pinker is a brilliant scholar, a valued colleague and a thoroughly decent human being.
Read his books and see for yourselves.
In the mid-1970's, Chile abandoned socialism and began implementing economic reforms.
In 2016, Chile was the world's 15th freest economy. Venezuela, in the meantime declined from being the world's 15th freest economy in 1975, to the least free in 2016.
Argentina is one of many countries where competitive enterprise has been vilified, contributing to:
Political turmoil
Bad economic policies
Debt crises
Argentina's growth has suffered as a result.
Full article: https://humanprogress.org/article.php?p=150
Anti-capitalism is popular because people enjoy the feeling of uniting against a common enemy.
Many activists fail to realize that markets are the best way of fighting the systemic and material problems they so passionately decry.
No matter what lies ahead for Hong Kong, we should admire its rise from poverty to prosperity through classical liberal policies.
Full article: https://humanprogress.org/article.php?p=2710
Chile vs. Venezuela, 1970--2017:
Chile:
Economic freedom: +123%
Income per capita: +204%
Venezuela:
Economic freedom: -64%
Income per capita: -42%
Full article: https://humanprogress.org/article.php?p=1923
No country in modern history has come as close to Adam Smith's ideal as Hong Kong.
By the time British colonial rule ended, Hong Kong was 10% richer than the mother country.
Markets are as old as civilization.
Astronomical diaries written some 2,500 years ago show how market prices changed on a monthly, or even weekly, basis in Babylonia.