Jul 16, 2008
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William Marina - 7/17/2008
Mark,
My own view, as expressed in the motto of the Marina-Huerta Educational Foundation is that "Decentralization is Beautiful."
With respect to China, my analysis of ten years ago, "Capitalism and the Tao," (The Free Market, Jan., '98) is still relevant:
http://mises.org/freemarket_detail.aspx?control=100
The Central Gov't is fighting mightily against the decentralizing tendencies that have always been a part of Chinese History.
Bill