Alvaro Vargas Llosa | Thursday February 18, 2021 at 4:25 PM PST
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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Alvaro Vargas Llosa | Tuesday July 16, 2019 at 11:08 AM PDT
Kyriakos Mitsotakis, Greece’s new prime minister promises free-market reforms and is challenging Europe and the IMF on the issue of taxes.
Alvaro Vargas Llosa | Monday August 27, 2012 at 3:03 PM PDT
Despite the evidence to the contrary, the dominant sentiment among politicians, academics and journalists in the United States, Europe and Japan continues to be that stimulating the economy via fiscal and monetary policy is the answer to the economic stagnation. It was stimulation—coupled with lower tax revenue due to the recession—that got several European...
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