%0 Journal Article
%T The Rocky Road to Paradise: Why Economic Liberalization is Interrupted
%A David Barker
%J Libertarian Papers
%D 2009
%I Ludwig von Mises Institute
%X Despite evidence that free market policies improve overall welfare, much of the world is making little progress in reducing state economic controls. Short-term transition costs may be the reason. A simple model demonstrates that it may be rational to weight these costs more heavily than the long-term bene ts of economic freedom.
%K libertarianism
%K libertarian theory
%U http://libertarianpapers.org/2009/29-barker-the-rocky-road-to-paradise/