Bolivians are finding out the hard way that socialist energy means price controls, and price controls mean fuel shortages and long gas station lines. Socialism excels in unkept promises and Bolivia is no exception to that rule.
Sergio Lopez
Sergio Lopez is an Economics PhD student at George Mason University, having earned his bachelors in Economics at the University of Arkansas. He is currently a Mises Institute Fellow in Residence and served as a Mises Apprentice and as a Research Assistant in the field of Bolivian Economic History. His research is focused on informal markets, institutional constraints, and the dynamics of economic coordination in Hispano-America, with a strong commitment to the principles of economic freedom.