re: The People’s Republic

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Several years ago a very bright undergraduate student of mine (who attended Mises University) spent his junior year studying in China.  When he came back he said, “There’s more freedom to be an entrepreneur in China than there is here.”  After he graduated he worked here for several years, saved his money, learned Chinese, and went back to China where he is trying his hand at entrepreneurship today.

3:01 pm on September 10, 2009