Saturday, March 03, 2007

Rising Tides

Fire of Liberty

Amity Shlaes has a good column over at which shows how the folks in India are experiencing greater economic horizons and seeing how life is getting better do to their ever increasing tendency to embrace the free market policies of Hayek and Milton Freidman while moving away from the planned economic models of Nehru and the Fabians. Now while the Indians have a long way to go before the become a economic powerhouse like the US, Japan or Hong Kong, they're still headed in the right way. I think the Europeans(who seem to be experiencing a rough patch with their welfare state economic policies) could learn a thing or two from India.

*See this piece in Foreign Affairs by Gurcharan Das on India's economic dynamism.

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