Posted inEconomic Policy

The Financial Times on Lula (Guest blog)

In an article today about President Lula Da Silva�s landslide (61-39) re-election victory, the Financial Times reports that the �the PT�s [Lula�s Workers Party] anti-liberal rhetoric during the second round has caused consternation among many economists, who see it as a sign that spending cuts, needed to release money for investment and growth, are less […]

Posted inFeatures

The Mirage of Progress

Everyone knows that the past 20 years have been an era of rapid overall economic progress for the vast majority of countries, especially in the developing world. Tariffs have collapsed and countries have flung open their borders to international trade and investment. Technology has progressed as never before, we are told, with revolutions in such […]

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