This link has been bookmarked by 5 people . It was first bookmarked on 17 Apr 2007, by Ian Yorston.
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05 Jan 11
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03 Sep 07
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In every case, weak or decentralised government, > but strong free trade led to surges in prosperity for all, > whereas strong, central government led to parasitic, tax-fed > officialdom, a stifling of innovation, relative economic > decline and usually war. >
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David Ricardo's Law of Comparative Advantage: even > if China is better at making everything than France, there > will still be a million things it pays China to buy from France > rather than make itself. Why? Because rather than invent, say, > luxury goods or insurance services itself, China will find > it pays to make more T shirts and use the proceeds to import > luxury goods and insurance. >
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Sure, > it is possible to have too little government. Only, that > has not been the world's problem for millennia. After the > century of Mao, Hitler and Stalin, can anybody really say > that the risk of too little government is greater than the > risk of too much? The dangerous idea we all need to learn > is that the more we limit the growth of government, the better > off we will all be. >
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But > none of this is to say that we as people should not worry about > global change; we should worry a lot. This is because climate > change may not hurt the planet, but it hurts people. In particular, > it will hurt people who are too poor to adapt. Significant > climate change will change rainfall patterns, and probably > patterns of extreme events as well, in ways that could easily > threaten the food security of hundreds of millions of people > supporting themselves through subsistence agriculture or pastoralism. > It will have a massive effect on the lives of the relatively > small number of people in places where sea ice is an important > part of the environment (and it seems unlikely that anything > we do now can change that). In other, more densely populated > places local environmental and biotic change may have similarly > sweeping effects. >
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It will have a massive effect on the lives of the relatively small number of people in places where sea ice is an important part of the environment (and it seems unlikely that anything we do now can change that). In other, more densely populated places local environmental and biotic change may have similarly sweeping effects.
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17 Apr 07
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04 Jan 06
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