IPFS News Link • Economics: Austrian
Austrian Economics in the Middle East, and the Benefits of Monarchies
• https://www.lewrockwell.com, By Nick GiambrunoIn fact, he told me that when he was a student in China where he studied electronics and telecommunications for six years—and he, by the way, is a fluent speaker of Mandarin Chinese—that it was seeing the role of the Chinese state and the economy there, that made him into a noninterventionist.
When you and your wife were observers at the Mises University, I was very struck in one of Judge Napolitano's classes where he was asking the non-American students there if they still think of America as a place to emigrate to, or were they concerned about that it was becoming much less free than their own countries.
And you said, "I would never think of emigrating to the United States. We don't have any taxes here in Bahrain."
And then you told a wonderful story about some people from a government entity in Bahrain seeking to find out from you where you kept your personal money—is it overseas? Is it at home? and so forth. And you told them, "No thanks, I don't want to tell you that information." So a very different situation from the US, but tell us, what's it like to do business in Bahrain?




