September 27, 2011

Does Democracy Stifle Economic Growth?

This is not my title and not my lecture.
Rather it is the title of a TED lecture by Mr. Yasheng Huang.
If you listen to this lecture, and I highly recommend it, you will be convinced that Democracy does not stifle Economic Growth.
That's a very good thing to be convinced of.
But you will also be convinced (I hope) that Economic Growth comes from an interplay of many factors, and that is a point I have been trying to make for the last few posts.
Only Yasheng Huang does it better.
Go watch, Seriously.