Do you ever wish we could, just once and for all, designate two islands a test case: One can be run by the Conservatives/Republicans/Laissez-faire-low-taxes-sparse-government types, and the other can be run by the Labour/Liberal/Socialist types and we’ll see who comes out on top to prove once and for all who’s right?

Then you realize it’s already been done…

Telegraph (1.25) - Sir John Cowperthwaite

Sir John Cowperthwaite, who died on January 21 aged 90, was Financial Secretary of Hong Kong throughout the 1960s; his extreme laissez-faire economic policies created conditions for very rapid growth, laying the foundations of the colony’s prosperity as an international business centre.

Sigh:

…the chronic weakness of the British economy - shaped, it might be said, by interventionist, high-tax policies diametrically opposite to his own…

Reader Rueful Red left that link for me in the comments of Boris In China.