With oil prices in likely long-term tailspin, corrupt governments can't count on oil sales to bail them out anymore. But Mexico's government didn't get the memo and still clings to the state oil monopoly.
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.
Gerardo Garibay Camarena is a Mexican writer and political analyst with experience in the private and public sector. He’s editor of Wellington.mx, author of two books—Sin medias tintas and López, Carter, Reagan—and a weekly columnist for many online news organizations. His new book is Cómo jugar al ajedrez sin dados, a guide to reading politics and understanding politicians.