José Niño is a freelance writer based in Austin, Texas. Sign up for his mailing list here. Contact him via Facebook or Twitter. Get his premium newsletter here.
In Argentina’s case, it seems that old political habits of anti-capitalist policy die hard. So, no matter who ends up winning the presidency in October, the Argentine people are set to lose.
Those who suffer most from mandated wage hikes are low-skilled workers, disabled workers and part-time workers in the sector. And poorer regions suffer more than rich ones.