Libertarian History/Philosophy

Three Privately-Run Cities to be Established in Honduras

The cities will have their own legal and tax systems. The national government hopes the move spurs economic growth

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The government of Honduras has signed a deal to hand over land to private investors for the construction of three privately-run cities with their own legal and tax systems.

The memorandum of agreement signed on Tuesday is part of a controversial experiment meant to bring badly needed economic growth to the country.

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