It is said that when Juan Domingo Perón arrived in power in Argentina in 1946, one of the first things he did was to visit the central bank. Afterward, he would claim that “there’s so much gold that one can’t walk through the hallways.” Perón is not only the first ruler we call populist but also the […]
The last talk I gave during the Free Market Road Show was, naturally, in the last city we visited this year. Namely, Chisinau, the capital of Moldova. My speech here was quite different from others I gave throughout the Road Show. The focus was on taxes, but more specifically on how taxes and economic freedom interplay. Roughly […]
One of the most groundbreaking ideas of Friedrich von Hayek and the Austrian School of Economics is free banking. By this, they mean a system in which money would be privately offered by certain institutions and different currencies would compete for the favour of the consumer. The Austrians believe that a free banking system would […]
Recently and unexpectedly, Juan Carlos Cachanosky (1953–2015) left this world. I have always thought that he was, by far, the best and brightest Austrian economist of the Spanish speaking world. And above all, he was an apostle of Liberty. After graduating in Economics at the Catholic University of Argentina, Juan Carlos went to the United […]
