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

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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A Few Thoughts on Catalonia



The Catalan independence movement has drawn some support among libertarians. From a theoretical standpoint, any group’s attempt to break away from a larger political entity is hard to argue with. Ultimately, though, the principle of self-determination, taken to its logical extreme, would mean dissolving the state and replacing it with voluntary associations. Which is...
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Europe’s Lessons for Economic Growth



A bird’s-eye view of the Eurozone economies a decade after the financial crisis invites three conclusions: Governments that made unpopular free-market reforms are already reaping the fruits; families and businesses are acting more sensibly than their governments; last but not least, people have behaved much differently than the European Central Bank (ECB) intended. The...
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What Is Kim Jong-un Thinking?



An interior monologue by North Korea’s dictator might go something like this: I can see myself as if I were back at the Liebefeld-Steinholzi school in Bern, Switzerland, with everyone convinced I was crazy because I talked little and was fixated on my PlayStation, keeping quiet for hours on end, observing others. What is...
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Playing Offense: Defeating the Assault on Free Speech



We live in times of hypersensitivity. One way in which collectivism acts against individual freedom is by declaring morally reprehensible—and oftentimes prohibiting—what is deemed “offensive.” The expression “political correctness” has come to define this assault on free speech that hides behind the mask of respect for the sensibilities of others. Any attempt to deviate...
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