Live Breaking News & Updates on Daniel Kraft|Page 2
Stay updated with breaking news from Daniel kraft. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
[captioning performed by national captioning institute] [captions Copyright National cable satellite corp. 2013] up next is a discussion on emerging economies around the world in 2013. The house failed to vote on an agreement before last nights fiscal agreement. Have live house coverage at noon eastern. Now the debate on emerging economies like china and india, comparing them to the United States. William easterly debates dambisa moyo, the author of winner take all. This is 35 minutes. There is question about whether they can keep up and whether there is something bigger changing. That is what we will look at in this session. We have two outstanding individuals known for contrarian views on the emerging economies. We will start with William Easterly and probably best known to you for his books, the white mans burden ....
It was never an authoritarian growth miracle begin with. Weve got the effect of Economic Freedom was not on the change in, but on the level of per capital income that countries attain. Free countries are rich countries. Dish with economic repression are poor countries. North america verses africa. That implies when you see it rapid growth, one thing that could be going on in china is you have changes predicting changes. You have a change in freedom and that change predicts a change in income. What happened in china . You had one of the worst totalitarian systems and there was an increase in freedom. You had some increase in political freedom. Chinese people today are much more free, even politically. This release the energy of the Chinese People and you have this rapid Economic Growth. That is the story line that i wi ....