70 Year Magazine Archive

Miracle on Taiwan

by Ralph de Toledano

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RALPH de TOLEDANO

The Republic of China (ROC) has the distinction of being the only country in the Far East that has fully adopted a Lockean, anti-mercantilist philosophy— the philosophy that made America great, and that now guarantees the prosperity and domestic tranquillity of Taiwan’s hard-working and energetic people. The United States may ignore it officially, but the Republic of China on Taiwan is a symbol and a fulfillment.

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