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Protectionism and Free Trade
Some Latin American policymakers seem to think China will offer easy terms for loans and trade agreements. They're wrong. China isn't as rich as many think.
There is a clear correlation between expansions in international trade and reductions in poverty. The Mexican experience appears to be no different.
Global EconomyWorld History
Mexican interventionists are now pushing the idea that Mexico is a country dominated by a free-market ideology which they call "neo-liberalism." But any serious look at Mexico's government makes it clear this is not the case.
Big GovernmentFinancial MarketsGlobal Economy
Blaming the euro will not save Italy. Italy’s problem is political spending — the same problem that this new budget is going to greatly increase.
The bummer about the euroskeptics in Italy is that their primary interest is making Italy's bloated public sector ever bigger.