Opening Up North Korea? Dream On.
I�ve always considered myself a free trader, believing that markets do a much better job than regulations when it comes to determining wages and prices. Thirty years ago, there were 40 or 50 wars raging across the world, and famines and plagues in China and India would kill tens of thousands of people. The world, for all its problems, is much better than that today, and I attribute most of that change to two things: the end of Soviet support...