International
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Argentina Agonistes: The Separation of Money and State
“The Argentine peso has lost 93 percent of its value in just the past 4 years. Anyone who could carry out transactions using dollars always did so; holding pesos was little different from simply setting your wealth on fire.” ~Michael Munger
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Garbled Economics in the WSJ on Argentina Dollarization
“Dollarization may not be the first-best solution for Argentina, though it’s hard to imagine it will be worse than hyperinflation.” ~Jason Sorens
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Hyperinflation and Dollarization: A Path to Economic Stability for Argentina
“The risk of hyperinflation in Argentina does not arise from the intention to dollarize but from a central bank that appears incapable or unwilling to exercise restraint. Argentina’s historical record shows that central bank independence is absent.” ~Nicolas Cachanosky
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Dollarization without Fiscal Prudence Is Not Possible. With Fiscal Prudence, It’s not Necessary.
“Argentinean problems are first political, then fiscal, and then monetary, and they need to be solved in the same order.” ~Leonidas Zelmanovitz
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TikTok: Five Cuts
“Americans already have a license to engage in free speech, in the form of the First Amendment. And if you are thinking that the United States has a long history of anonymous, public speech, you’re right.” ~James Harrigan
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Why Mr. Beast Is Under Fire for Bringing Clean Water to 500,000 Africans
“This is the real reason Mr. Beast is taking so much heat. He’s showing the power of voluntary action and the miraculous power of the profit motive.” ~Jon Miltimore
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Argentina’s Canary in the Coalmine
“How can one compare the US to Argentina, which has suffered a century of political instability, and has been a darling of IMF case studies for the past 40 years?” ~Nikolai G. Wenzel and Valentina Yayi Morales
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Economic Freedom of the World: US Improves While Hong Kong Falls
“As the US strives to enhance its economic freedom, the country would be wise to heed the lessons offered by Singapore’s rise and Hong Kong’s fall.” ~Vance Ginn
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How Crazy Do You Have to Be to Support Dollarization?
“The whole reason why it is an advantage for a developing country to tie to a major country is that historically speaking the internal policies of developing countries have been very bad. US policy has been bad, but their policies have been far worse.” ~Nicolás Cachanosky
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The Multiyear Decline in US Economic Freedom
“In 2007 only three countries were economically freer than the US, but by 2015 eleven nations were. Today, 24 are freer.” ~Richard Salsman
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Argentina Agonistes: The Separation of Money and State
“The Argentine peso has lost 93 percent of its value in just the past 4 years. Anyone who could carry out transactions using dollars always did so; holding pesos was little different from simply setting your wealth on fire.” ~Michael Munger
-
•
Garbled Economics in the WSJ on Argentina Dollarization
“Dollarization may not be the first-best solution for Argentina, though it’s hard to imagine it will be worse than hyperinflation.” ~Jason Sorens
-
•
Hyperinflation and Dollarization: A Path to Economic Stability for Argentina
“The risk of hyperinflation in Argentina does not arise from the intention to dollarize but from a central bank that appears incapable or unwilling to exercise restraint. Argentina’s historical record shows that central bank independence is absent.” ~Nicolas Cachanosky
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•
Dollarization without Fiscal Prudence Is Not Possible. With Fiscal Prudence, It’s not Necessary.
“Argentinean problems are first political, then fiscal, and then monetary, and they need to be solved in the same order.” ~Leonidas Zelmanovitz
-
•
TikTok: Five Cuts
“Americans already have a license to engage in free speech, in the form of the First Amendment. And if you are thinking that the United States has a long history of anonymous, public speech, you’re right.” ~James Harrigan
-
•
Why Mr. Beast Is Under Fire for Bringing Clean Water to 500,000 Africans
“This is the real reason Mr. Beast is taking so much heat. He’s showing the power of voluntary action and the miraculous power of the profit motive.” ~Jon Miltimore
-
•
Argentina’s Canary in the Coalmine
“How can one compare the US to Argentina, which has suffered a century of political instability, and has been a darling of IMF case studies for the past 40 years?” ~Nikolai G. Wenzel and Valentina Yayi Morales
-
•
Economic Freedom of the World: US Improves While Hong Kong Falls
“As the US strives to enhance its economic freedom, the country would be wise to heed the lessons offered by Singapore’s rise and Hong Kong’s fall.” ~Vance Ginn
-
•
How Crazy Do You Have to Be to Support Dollarization?
“The whole reason why it is an advantage for a developing country to tie to a major country is that historically speaking the internal policies of developing countries have been very bad. US policy has been bad, but their policies have been far worse.” ~Nicolás Cachanosky
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•
The Multiyear Decline in US Economic Freedom
“In 2007 only three countries were economically freer than the US, but by 2015 eleven nations were. Today, 24 are freer.” ~Richard Salsman