Thursday, April 20, 2006

New kid on the block

Continuing a tendency that's been evident for some time, Thursday's Wall Street Journal (subs. req'd) offers high praise for a small European country:

Baltic Tiger

What's the reward for taking over a devastated ex-Soviet economy at the tender age of 32 and rapidly turning it into one of Europe's dynamos? Some measure of personal satisfaction, no doubt. The gratitude of your countrymen. And, it turns out, a pretty substantial cash prize. The Cato Institute will announce today that former Estonian Prime Minister Mart Laar is the winner of its biennial Milton Friedman Prize for Advancing Liberty. He will receive a $500,000 check at a ceremony next month in Chicago.


Could it be that they want some other small European country to sharpen up a bit? There's a little hint in their title.

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