Protectionism and socialism can’t help us – ask the North Koreans

douglascarswell-12.jpgNew on Talkcarswell:

North Koreans have reportedly been told to brace for another ‘arduous march’ – or devastating famine – the last of which killed 3.5 million people. Whereas North Korea’s central economic planning and autarky have brought nothing but poverty, open markets and free trade have turned South Korea into one of the world’s most dynamic economies. So why do politicians in the prosperous, free West fetishise the failed economic doctrines of Pyongyang?

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