Alvaro Vargas Llosa Archive

Alvaro Vargas Llosa is a Senior Fellow at the Independent Institute and his Independent books include Global Crossings: Immigration, Civilization, and America, Lessons from the Poor: Triumph of the Entrepreneurial Spirit, Liberty for Latin America: How to Undo Five Hundred Years of State Oppression and The Che Guevara Myth: And the Future of Liberty.
Full Biography and Recent Publications

Ten Years after Lehman—Will It Happen Again?



The overdo increase of artificially low-interest rates could prove disastrous because of unhealthy debt levels and asset inflation.

The Truth about Turkey



Mounting debt and rising inflation are driving Turkey’s financial crisis.

Soccer Champions … and Immigrants



The World Cup offers an example of assimilation and cooperation.

Mounting Debt Isn’t Just Italy’s Problem



The United States has serious debt problems that have not been addressed since the financial crisis shook the world a decade ago — they have actually been compounded.

Another Latin American Tyrant: Nicaragua’s Daniel Ortega



Given that Venezuela monopolizes whatever interest there is in Latin America these days, we pay insufficient attention to another tyranny—that of Daniel Ortega.

The Other Money Heist



Sometimes fiction offers better lessons in political economy than reality.

Trump’s Trade War Has Ugly Consequences



The Democrats could not have asked for a better ally than Donald Trump when it comes to trade protectionism.

Panic Attacks Startle Wall Street



The danger of seeing the stock market as a measure of political performance is that the government will be tempted to intervene.

Brexit—Everything Changes so It Can Stay the Same?



If we want everything to remain the same, everything must change. These famous words from The Leopard, Lampedusa’s masterpiece of social upheaval in Sicily during the Italian unification, might as well have been inspired by Brexit, to judge by the first phase of the negotiations between London and the European Union, which have finally…
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My Interview with Lenin, One Hundred Years after the Revolution



The mysteries of science have preserved Lenin alive, whose “death” in 1924 was a cunning scheme. I have managed to track him down to talk about the one hundredth anniversary of the Bolshevik Revolution. Me: What does the “October Revolution” say to us today? Lenin: The vanquished were right. History has sent the Provisional…
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