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Xiaobo Calls For Stronger Private Property Protection

9 Oct

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Charter 08 - 劉曉波 - Liu Xiaobo

Charter 08 - 劉曉波 - Liu Xiaobo - via Wikipedia

 

The prominent dissident author and Nobel Peace Prize winner Liu Xiaobo, was one of the first signers of Charter 08. Here is a taste of one important chapter:

“Protection of Private Property. We should establish and protect the right to private property and promote an economic system of free and fair markets. We should do away with government monopolies in commerce and industry and guarantee the freedom to start new enterprises. We should establish a Committee on State-Owned Property, reporting to the national legislature, that will monitor the transfer of state-owned enterprises to private ownership in a fair, competitive, and orderly manner. We should institute a land reform that promotes private ownership of land, guarantees the right to buy and sell land, and allows the true value of private property to be adequately reflected in the market.”

I found this on the most excellent blog - Marginal Revolution.

Should We Listen To Greenspan?

9 Oct

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Addendum form Paul Kedrosky:

“I’m aways hesitant to post a link to Alan Greenspan saying anything other than “I’m sorry” given how badly he missed the financial crisis, but this from Bloomberg TV is worth a look. He does take some contrary positions, like arguing that the U.S. should let the Bush tax cuts lapse.”

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