On "Free-Market Miracles"

It's common to hear the rapid growth of economies like Singapore and Hong Kong referred to as "free-market miracles." I have a quibble with this characterization. A miracle is a phenomenon which implies divine intervention due to its inconsistency with the laws of nature as we understand them. But not only is rising prosperity following liberalization consistent with the laws of nature and economics, but it's precisely what those laws tell us to expect. The success of Hong Kong and Singapore aren't miracles at all, but entirely mundane.

Now, if an economy were to prosper as a result of socialization, it would be appropriate to call it a socialist miracle. But miracles don't really happen.

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Seems to me the term

Seems to me the term "miracle" is taking the point of view of the inhabitans of the country, who are surprised to see economic growth arrive so quickly. The Hudson River plane landing was also called a "miracle," but while it's unambiguously due to explainable causes it surprised onlookers, hence it was dubbed a miracle.

Well,, look at Sweden and

Well,, look at Sweden and Denmark. What is their gini coefficient? Look at how much the poor their make? Well, they have no poverty.