“Renationalisation would ‘ignore the lessons of history’, finds new IEA report” Courtesy of the IEA Calls to bring key utilities back under state control “ignore important lessons” from the post-war period, argues a new report from the Institute of Economic Affairs published today. Renationalisation: Back to the Future, written by IEA […]
While Venezuela’s agony is all the evidence we should ever need of socialism’s disastrous outcomes, an even more crushing indictment lies in the stark contrast between Venezuela and Chile, which has embraced broadly market-friendly policies over the last few decades. In their essay in CapX Marian Tupy and Alexander Hammond highlight the vast […]
By Luis Pablo de la Horra, courtesy of the Austrian Economics Center Deflation is the most feared economic phenomenon of our time. The reason behind this a priori irrational fear (why should we be afraid of prices going down?) is the Great Depression. The most severe economic crisis of the 20th century was accompanied by a […]
