A Mediterranean Hong Kong

One of the more amusing bits of Paul Romer’s interview on EconTalk was about how he spends his days schmoozing the uncertain network of leaders in poor countries. He’s always talking to a guy who knows a guy who knows a guy. Evidently the President of Madagascar was on the verge of moving forward on a Charter City, but a coup put the kibosh on it. That nasty set back of regime uncertainty…so difficult!

Now maybe if you can’t persuade them, then you can buy them. I just read about two German ministers who have proposed that Greece ought to sell some of its islands to cover the costs of its debt. Near Africa, under the belly of Europe, west of the Middle East, great views, and weather, shipping lanes to kingdom come…what’s not to love?