#55 - Lutter & Winter on founding charter cities with outstanding governance to end poverty

Governance matters. Policy change quickly took China from famine to fortune; Singapore from swamps to skyscrapers; and Hong Kong from fishing village to financial centre. Unfortunately, many governments are hard to reform and — to put it mildly — it's not easy to found a new country.<p> This has prompted poverty-fighters and political dreamers to look for creative ways to get new and better 'pseudo-countries' off the ground. The poor could then voluntary migrate to in search of security and prosperity. And innovators would be free to experiment with new political and legal systems without having to impose their ideas on exis...