In this issue of The Independent Review, Ryan H. Murphy finds interesting and important parallels between China, Hungary, and Israel, three countries ranking low on economic freedom and comparatively high on the State Economic Modernity Index. Unfortunately, his decision to label them as cases of “actually existing socialism” is questionable.

Michael C. Munger is Senior Fellow and former co-editor of The Independent Review at the Independent Institute, and Professor of Political Science, Economics and Public Policy and Director of the Philosophy, Politics, and Economics Program at Duke University.
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Other Independent Review articles by Michael C. Munger
Spring 2024 Following Their Leaders: Political Preferences and Public Policy
Spring 2024 The Origins and Evolution of Consumer Capitalism; Crack-Up Capitalism
Winter 2023/24 The Classical Liberal Diaspora
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