The Korean Economic Miracle Was The Result

The Free Market Doesn't Exist. Every Market Has Some Rules And Boundaries That Restrict Freedom Of Choice. A Market Looks Free Only Because We So Unconditionally Accept Its Underlying Restrictions That We Fail To See Them.

It Takes Time And Experience To Absorb New Technologies, So Technologically Backward Producers Need A Period Of Protection From International Competition During This Period Of Learning. Such Protection Is Costly, Because The Country Is Giving Up The Chance To Import Better And Cheaper Products. However, It Is A Price That Has To Be Paid If It Wants To Develop Advanced Industries.

The Invention Of The Printing Press Was One Of The Most Important Events In Human History.

The Washing Machine Changed The World More Than The Internet.

Assume The Worst About People And You Get The Worst.