Source: Independent Institute
by Alvaro Vargas Llosa
“After spending time in Singapore, I am more convinced than ever that what has given this island the world’s second– or third-highest per capita gross domestic product (in purchasing power parity) is not its ‘state-managed,’ ‘politically engineered’ socioeconomic model nor its authoritarian politics, but its economic freedom. However, its social cohesion, multi-ethnic peace, and well-being, which are significantly linked to government interventionism, continue to challenge us classical liberals, who would like freedom to be the founding principle not just of prosperity but also of other desirable social outcomes.” (06/24/26)
https://www.independent.org/article/2026/06/24/singapores-challenge-to-classical-liberals/