More on New Zealand

Eric Crampton has responded to my commentary on New Zealand (as one of two places with better long-term prospects for liberty than the United States) on his blog, Offsetting Behaviour. In essence, he says he has changed New Zealand from a “buy” to a “hold,” citing some recent policy developments of concern. These policy developments are indeed concerning, but my only comment is that most (but not all) of them have to do with chipping away at the edges of freedoms (speech, privacy) that well-informed Americans would consider bedrock-fundamental — but generally not bread-and-butter issues of personal well-being. The symbolism is bad, and the precedent even worse, but the immediate effects for most people are unclear.

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