Socialist investing

Dan Solin points out that it’s more profitable to invest in socialist countries:

According to one report, for the 39 years ending December 31, 2008, the annualized stock returns of “socialist” countries (like Norway, Denmark, Hong Kong, Sweden and France), exceeded the stock returns of the U.S. Unlike the U.S., these countries aggressively curtailed economic freedom. It appears there is an inverse relationship between higher returns and economic freedom. It is also difficult to conclude that government intervention in private industry is a precursor to lower returns.

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Erich Vieth

Erich Vieth is an attorney focusing on civil rights (including First Amendment), consumer law litigation and appellate practice. At this website often writes about censorship, corporate news media corruption and cognitive science. He is also a working musician, artist and a writer, having founded Dangerous Intersection in 2006. Erich lives in St. Louis, Missouri with his two daughters.

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  1. Avatar of Adam Herman
    Adam Herman

    Makes perfect sense. If a government outlaws competition and creates a monopoly, of course the corporation receiving such a benefit will be a great investment. I’m not sure how this is good government or a benefit to the people. Such a policy really only helps the corporation and its investors.

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