Singapore is a wonderful instance of the advantage of the unrestricted enterprise of free trade: so late as the year 1822 there was scarcely a native hut, certainly not one European habitation on the island; in eight years it had not only grown into the most important settlement in the whole of the Malay Archipelago, […]

The post Happy Birthday Singapore! appeared first on Marginal REVOLUTION.

  Related Stories* Behavioral Economics and ChatGPT: From William Shakespeare to Elena Ferrante
  • Markets in everything, hockey romance edition
  • Health Alert: Your Survival Odds May Increase When Surgeons Take a Break!