The Costly Impact of Perónism

The Costly Impact of Perónism

Today’s column is about Argentina, but it’s not going to be about Javier Milei or the libertarian changes (here, here, and here) he has made since becoming president in December 2023. Instead, we’re going to focus on how Argentina became an...
Debunking Spain’s Prime Minister

Debunking Spain’s Prime Minister

I’m not a fan of Spanish fiscal policy. The burden of government spending has significantly increased over the past two decades and debt levels have grown enormously. And others share my concerns about the country’s direction. A major problem is that...
Recovery for the PIGS?

Recovery for the PIGS?

Just a few months ago, I wrote about Germany’s fiscal decay. Over the past eight years, government spending has grown much faster than the private sector, thus violating the Golden Rule of fiscal policy. Given the shift to bad policy in Germany, I...