President Bush signed an immigration reform bill last month that will supposedly make our borders “more secure” and “smart.” But “smart” technology can’t cure corrupted borders. This new law won’t do much good if our own...
South America
Brazil’s War on Profit and Lives
Imagine that you are suffering from an incurable disease, which slowly wastes away your body and leads inevitably to death. One day, a scientist working with a pharmaceutical company discovers a drug that vastly increases your chance of survival. Do you: A) offer him...
The IMF in Brazil = Inflation + Recession
Mundell’s economic policy recommendations have been summarized as: “low taxes solve recession, hard money solves inflation”.
The IMF in Brazil: The Emperor Has No Clothes!
I’m not sure what’s more infuriating: witnessing Brazil’s drawn out slow-motion crash and burn after an endless string of stupid policies over the past year; the sudden breakdown in devaluative stupidity; or enduring the lame economic analysis that...
Panama and the Canal: Children of American Imperialism and Socialism
And now at the end of the 20th century, when the world is turning away from socialism and the idea of government planning, has the United States even suggested the privatization of one of its largest socialist enterprises? No. Instead, the U.S. government will completel…
On the Edge of Hyperinflation in Brazil
Brazil is a vast country, larger than the continental United States. It is rich in resources and human talent (like America, Brazil is a land of immigrants of various backgrounds and nationalities). If left free and unshackled from government intrusion it could easily b…
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