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Anti-market activists in Argentina try to blame the country's economic woes on markets, but the populist movement of Peronism is what has doomed the country to endless cycles of economic and monetary crises.
Thanks to huge amounts of fiscal and monetary stimulus, China is in the midst of a very large housing bubble, with predictable results for housing affordability.
Money and Banks
Argentinians have voted again for the policies that led to the 2014 financial crisis, and many crises before it. The regime remains inflationary and committed to big spending.
From Oregon to Rhode Island, counties and municipalities have announced they will not enforce various state and federal gun laws.
The whole point of zoning is to limit freedom in the development of new housing options. As a result, housing is more expensive, and the consumers are more poorly served.
Poor incentives create poor outcomes, and government subsidies for higher education institutions have created poor incentives in spades.
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Global EconomyWorld History
As it celebrates 70 years of the "People's Republic," China shouldn't forget its rise was made possible by its turn away from communism.