[lbo-talk] New Scientist sez...

[Kevin Robert Dean]

"FREE MARKETS HIT GROWTH
Free western-style economies could lead to poverty and corruption for developing countries, according to a new analysis. Israeli economists have found that if a poor country opens up its markets across borders too quickly, the flow of money encourages corruption, which in turn hampers growth. But in those countries with closed economies, corrupt officials spend their dirty money at home, which helps boost the nation’s economy. "
http://www.newscientist.com