Inflation
The Milton Friedman I remember: Inspirational
IPN Opinion article
"Milton Friedman has been -- and will continue to be -- an inspiration to those of us who were lucky enough to know him, or who have learnt from him. History will no doubt see him as one of the great minds of modern times."
Strategies for achieving poverty
IPN Opinion article
Politicians in all countries love policies known to prevent prosperity and we must therefore assume that they, or their advisors, want poverty. There is good news for them: the causes of wealth and poverty ñ free markets and interventionism respectively ñ are now so well known that state-of-the art strategies for maximising poverty are within their reach.
The Sorrows of Carmencita - Argentina's crisis in a historical perspective
IPN Opinion article
"After seventy years of rapid growth between 1860 and 1930 came seventy years of stagnation and chaos. The country which, at the beginning of the 20th century, was wealthier than France, Italy and Sweden, is now bankrupt. This unbelievable transformation could never have occurred without both Juan and Evita PerÛn, plus all the blunders achieved by populism, nationalism, protectionism and an increasingly corrupt apparatus of government. After decades of destructive distributive bickering, galloping inflation, political scandals beyond compare and abortive reforms, Argentina has now come to a dramatic crossroads."
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