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Lee Kuan Yew's Economic Miracle

If there's such a thing as "Asian capitalism," its spark, smartest proponent and most controversial symbol was the founder of the region's smallest country: Singapore's Lee Kuan Yew.

The creator of modern Singapore, for better and worse.

Photographer: Kimimasa Mayama/Bloomberg via Getty Images

When historians chronicle Asia's modern resurgence, they will focus on the rise of the region’s biggest economies: China, Japan, India. But if there's such a thing as "Asian capitalism," its spark, smartest proponent and most controversial symbol was the founder of the region's smallest country: Singapore's Lee Kuan Yew, who died Monday at age 91.

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