Posts by Alvaro Vargas Llosa
Alvaro Vargas Llosa is a Senior Fellow at the Independent Institute. His Independent books include Global Crossings, Liberty for Latin America, and The Che Guevara Myth.
Cuba’s Heroes


No one remotely familiar with how things work in Cuba can feel anything less than awe and admiration for the thousands of Cubans who have taken to the streets—first in San Antonio de los Baños and then in many parts of the island—to protest against the dictatorship. There are few places on earth where...
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Who really won Peru’s presidential election?


We will probably never know how many votes Keiko Fujimori obtained in one of Peru’s most polarized presidential elections in recent history and whether her rival, Pedro Castillo, who seems close to being declared the winner by the country’s electoral body, would have obtained the most votes in the absence of irregularities that are...
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Peru—Between a Rock and a Hard Place


The recent presidential elections in Peru have confirmed a pattern that has been in evidence for several election cycles. Peruvians have made it a habit of voting in the first round of the elections so as to place themselves, with regard to the second round, in impossible situations—i.e. having to pick between two unpalatable...
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The Debt—Who Cares?


Regardless of where you stand in regard to the American Rescue Plan, it is mind-boggling to see how little anyone in positions of political responsibility seems to care about the debt, perhaps the single most important issue facing the U.S. economy in the next few years. The same can be said of most advanced...
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Could the IMF’s Recipe for Recovery Spell Economic Ruin?


The International Monetary Fund is advising countries around the world to spend even more taxpayer money and continue to print paper currency as the only solution to the economic disaster caused by Covid-19. It recently put out a statement trying to demonstrate that global debt would rise “modestly” after the $14 trillion spent by...
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Populism, Left or Right?


With President Trump’s term now history, a discussion rages about the danger that right-wing populism poses to liberal democracy. Since radical leftists are much more vocal and organized in the denunciation of Trump and other right-wing populists than are, say, conservatives or classical liberals, a narrative has emerged in Europe, Latin America and the...
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Lessons from 2020: A Global Perspective on Covid-19


As this annus horribilis draws to a close, it might be appropriate to step back for a little while and try to summarize a few lessons from the pandemic.
Populism Is Far From Over


Many people overseas infer from President Trump’s electoral defeat that most Americans are finally fed up with populism. They miss the fact that populism is just as powerful in the Democratic Party as it is in the Republican Party and that Trump got some 70 million votes. Populism has been a defining trait of...
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Venezuela’s Umpteenth Electoral Fraud


Venezuela’s dictator, Nicolás Maduro, is preparing a new electoral fraud for December 6, when he will hold a parliamentary election that will hand him control of the National Assembly. To make matters worse, part of the opposition is facilitating this outcome. Henrique Capriles, the candidate who ran against Maduro in the last presidential election,...
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Germany and the Political Price of Cynicism


As I walk around Berlin, I remember a song about the Wall by the famous Spanish singer Joaquín Sabina that loosely translated begins like this: “That guy who goes to the golf club / if you saw him yesterday / yelling “Yankee go home” / chanting Fidel’s slogans / Today he has a cobblestone,...
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