The free market in...Botswana?
This short article was submitted to me by Will Carson, a member of YAL at St. Cloud State. As he explained in his email to me, "After re-reading Ron Paul's first book I wrote an article for class responding to Dr. Paul's mentioning of Botswana as one of the freest economies in the world." This is that article:
When one thinks of individual freedom and unrestricted economic opportunities, a country in Africa might not be top the list.
However, Botswana has emerged as one of the most successful countries to come out of colonial rule in all of Africa. Regarded as a leader in economic freedom and boasting a healthy, competitive business environment, this southern African country has not only a rapidly developing free market economy, but also the lowest tax rates in the region. In fact, according to World Bank statistics, Botswana has outpaced "Asian Tiger" countries in economic growth, with an impressive average of 9% annually since 1966.
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