Archive | Economics

08 May 2008 ~ 3 Comments

Economic Perception

Maybe I shouldn’t be amazed, but I am. Perhaps disgustedly dumbfounded would be more proper phrasing. Since I’ve gotten back to the United States, I marvel at how desperately the media tries to paint our economic situation as dire. One would guess we spent our days wringing our hands, looking for soup lines, and wandering [...]

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28 October 2007 ~ 1 Comment

Thinking about “Free”

About 2 1/2 weeks ago, some of the other volunteers I met in Barracas were nice enough to offer me a ride most of the way home. As we drove down Avenida Libertador, the law school of the University of Buenos Aires came up on our right. The girl driving gestured emphatically and bragged about [...]

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15 September 2007 ~ 0 Comments

Venezuelan Price Controls

The economic brilliance of Venezuelan president Hugo Chávez continues to amaze the world. Rather than performing training drills or studying in the classroom, some of his reserve soldiers are being sent out to enforce government price controls. As Chávez spreads his systematic, maniacal socialism throughout Venezuela, the weakened economy is deteriorating faster than a [...]

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07 September 2007 ~ 0 Comments

Poverty is Relative

The United States is so prosperous that the majority of its citizens have no perspective on how much of the rest of the world lives. Those labeled as poor or “disadvantaged” today lead better lives than even royalty of the past could have imagined. The “poverty” in our nation is often more a figment of [...]

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24 August 2007 ~ 0 Comments

The Economist Cites Latin American Economic Growth

The August 18th issue of The Economist has an article on the economic progress being made in Latin America. It makes a special note of people rising from poverty in Mexico and Brazil. Argentina seems to be a mix of good and bad economic news. On the positive side, tourism continues to boom as people [...]

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