Economic Might

Growth Competitiveness Index Rankings are out and the United States ranks second. I noticed something peculiar about the top 10 countries. Seven of them have a population which is less than 10 million. Iceland, ranked seventh, has a population of only 300,000. The three countries, in the top 10, with significant size are the US, Taiwan, and Australia.

Large countries (are you paying attention, Canada?) should emulate the pro-growth policies of these three nations and be aware of the statist -- and slowing failing -- practices of big European nations.

First link via The Fire Ant Gazette.

Update
K. Caldwell offers his view at Port McClellan.