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ECONOMIC LIBERTY (2) answer(s).
 
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ID:   132980


Choosing and caring: markets and their limits / Halev, Jeff Spinner   Journal Article
Halev, Jeff Spinner Journal Article
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Publication 2014.
Summary/Abstract Choice and markets have always been central to liberalism. Liberals wants people to choose their occupation, their partners, and what goods to buy. All liberals agree that making choices is central to the autonomous life. But the scope and conditions of choice quickly becomes controversial among liberals, as the four books under review reveal. Joan Tronto and Michael Sandel worry about the spread of market thinking to all other spheres of life, John Tomasi argues that too many contemporary liberals underestimate the importance of economic liberty, while Sarah Conly argues that we have a large swath of empirical evidence to question the idea that individuals can readily make correct rational decisions. Conly is not against individual autonomy, but she urges us to recognize autonomy's limitations. While political theorists are often reluctant to think about policy, doing so is certainly a virtue when the topic is markets and choice; one of the strengths of Conly's and Tronto's books is their willingness to apply their arguments to specific policy realms.
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2
ID:   125282


Malaysia's transformation: propelling Malaysia to developed nation status / Razak, Dato' Sri Najib Tun   Journal Article
Razak, Dato' Sri Najib Tun Journal Article
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Publication 2013.
Summary/Abstract Malaysia has one overarching and transformative policy objective: to achieve high income and developed nation status by the year 2020. High income nations, as defined by the World Bank, are those with a gross national income per capita of US$12,480 or more in 2011. Malaysia's per capita income now stands close to US$10,000 and the aim is to increase it to US$15,000 by 2020. My view is that developed nations should also meet a number of other important benchmarks. For instance, a nation's wealth must be reasonably distributed, not concentrated in the hands of the elite; physical and social infrastructure must be robust; and, most importantly, a developed country should be democratic and respect basic freedoms.
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