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Monetary PolicyTaxes and Spending
Argentina is only going to prosper when it recognizes that its fiscal and monetary imbalances are not the fault of the citizens and their small businesses, but of the government.
The FedGlobal EconomyMoney and Banking
The true lesson from Japan is that central planners prefer to gradually nationalize the economy before even considering a moderate reduction in government size and control.
Global EconomyStrategyPolitical Theory
The ideas of Mises, Rothbard, and Hoppe have sparked an intellectual revolution in Brazil, and the country's left fears it.
Financial MarketsGlobal Economy
The recent collapse of the Argentine Peso and other emerging currencies doesn't bode well for the global economy.
Argentina is a warning, and administrations should take this as a serious signal before the scare turns into a widespread emerging market crisis
Global EconomyTaxes and Spending
Argentina is faced with a model that has disproportionately increased the tax burden on the most productive sectors to subsidize the lowest productivity sectors.
Money and Banks
It no longer seems to be the case that a few countries can control oil prices. In other words, cartels are being even less influential in oil markets.