Is Somalia an economic success story?

04/22/2010 | Freeman, The

Sure, Somalia's a "failed state" -- but in many ways it's better off without a central government, argues Benjamin Powell. Anarchy doesn't always imply chaos, Powell writes, and in fact Somalia's living standards are improving more quickly that the regional average. "Somalia's lesson should not be overstated -- it is no libertarian utopia," he writes. "Yet by most measures Somalia's poverty is diminishing."

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