By Tom Mullen writing for Fee Stories
The popular belief is that freedom leads to economic freedom whilst authoritarianism leads to economic regression. So why is China on track to surpass America economically?
From the article,
Yet, no one seems to believe freedom leads to greater economic prosperity or human happiness. Inherent in every political discussion about China is the idea that authoritarianism produces better results and the United States is handicapped by its devotion to freedom. Americans enviously note that when China’s central government decides to do something, they are not encumbered by adversarial processes inherent in the US Constitution.