29. “The Rocky Road to Paradise: Why Economic Liberalization is Interrupted”
by David Barker
Abstract: Despite evidence that free market policies improve overall welfare, much of the world is making little progress in reducing state economic controls. Short-term transition costs may be the reason. A simple model demonstrates that it may be rational to weight these costs more heavily than the long-term beneļ¬ts of economic freedom.
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[...] 29. “The Rocky Road to Paradise: Why Economic Liberalization is Interrupted”, by David Barker [...]