By Marian L. Tupy, courtesy of Foundation for Economic Education In May (2016), I wrote about Venezuela’s heartbreaking decline from relative prosperity to socialist destitution. The humanitarian catastrophe that is unfolding in the Latin American nation should serve as a warning to all – don’t try this at home! However, socialism is very much alive in the least […]
Tag: Chile
Chile’s new constitution cannot be drafted under threat of violence
“Minimum guarantees for a constituent process” By Mariana Canales, courtesy of IES Chile and El Libero 2020 begins under the shadow of October 18. This new year will be shaped by the hangover of the crisis that began with the burning of the Santiago metro, a crisis that seems never to end. Today […]
Chile’s constitutional reform is on the right track (so far)
“Agreement for New Constitution” Courtesy of Libertad y Progreso After a long day of negotiations, an agreement has been reached regarding the mechanism for drafting a new Constitution [in Chile], among a broad spectrum of political parties from both the ruling coalition and the opposition. The basic elements are as follows: […]
Don’t let protests obscure Chile’s triumph
“Chile’s Success Story Is Difficult to Deny” By Ian Vásquez, courtesy of the Cato Institute Weeks after a 3.75% rise in metro fares in Santiago, Chile sparked violent protests by a small group of students that then generated more widespread disruption, mostly peaceful mass protests continue. Some observers have seized on the political […]
Venezuela vs. Chile: Socialism In a Nutshell
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 […]