In Honduras the Heinleinian dream of a libertarian society with minimal government influence and powers is going to be put to the test as a private investment group is creating it's own city state with the agreement of the Honduran government who hope that the experiment will lead to an economic boom for their small and poverty stricken country.
“Once we provide a sound legal system within which to do business,
the whole job creation machine – the miracle of capitalism – will get
going,” Michael Strong, CEO of the MKG Group, which will build the city
and set its laws, said.
The MKG group has stated they will base their laws on Texas as it consistently rates near the top of the charts for economic freedom. The major difference will be even greater flexibility in contract law. Unfortunately not everyone is on board as leaders of the local Garifuna tribes are not swayed by projections that the MKG sponsored independent city will created two hundred thousand jobs over the next several years with fifteen million dollars invested in local infrastructure once construction begins. The project might be stopped by those protests, but if it isn't I will be watching this with interest.