Stephen Anderson

Central planning thwarts Iran’s economy. Many Iranian government officials blame their nation’s economic demise on Western countries sanctions and not their policy choices.

The government argues that restoring state control protects Mexico’s resources from foreign exploitation and ensures that profits benefit Mexican citizens. However, removing competition and transparency lead to inefficiencies, increased costs, and an unreliable energy supply.

Economic sanctions, as a general principle, have a history of failure in the 20th and 21st centuries, which penalize everyday citizens in the sanctioned country.