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Amen.

Also, although some of the quasi-planned economies (where "winners" were picked and subsidized) in Asia have been remarkably successful, it doesn't necessarily follow that the relationship is causative, or that they wouldn't have been successful anyway, had that selection process not happened.

A lot happened in the 20th century in Asia that keeps it from being a repeatable experiment, much less a model that can be followed elsewhere. The effects of WWII and the consequent rebuilding on Japan, and urbanization and the so-called "demographic dividend" (http://en.wikipedia.org/wiki/Demographic_dividend) on many other countries in the area, shouldn't be underestimated.




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