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Economic Development Project - Belarus

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AARicks posted on Sun, Jun 7 2009 3:47 PM

In my Macroeconomics class, we have just been given an project concerning economic development in a country of our choosing (we chose a former Soviet satellite and de-facto dictatorship, Belarus). To make it more interesting, my teacher allowed the class to break up into separate groups, depending on the means of which we decide to pursue (or, propose the country pursues) economic development, ie. Free Marketeers, Wallerstein-esque communists, and Structuralists.

My question to you is: how would one propose that any country pursue economic development using the free-market model?

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The government would have to stay out of it. That is why the statists hate it.

To paraphrase Marc Faber: We're all doomed, but that doesn't mean that we can't make money in the process.
Rabbi Lapin: "Let's make bricks!"
Stephan Kinsella: "Say you and I both want to make a German chocolate cake."

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