"In the 1930s Japanese generals, admirals, economists and journalists concurred that without control of Korea, Manchuria and the Chinese coast, Japan was doomed to economic stagnation.8 They were all wrong. In fact, the famed Japanese economic miracle began only after Japan lost all its mainland conquests."
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"The path away from economic freedom is, as Hayek long ago demonstrated, the road to serfdom. The road may be a long one: the pace may be swift or slow: but the destination cannot be changed. State own…"
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