In a clarification of the current situation, if our market would be like that of advanced countries, it is that the lost fight against evasion and corruption, as well as failure to act in time to have an expanded and...
What costs and benefits are there to redistributing income? Why do we have income in the first place? The second question is easy. We have income to provide an incentive for productive (mutually beneficial) exchanges within the economy. People gain purchasing power through...
If the government implements a policy of balanced budget, but allows an increase in the deficit due to the inherited budget situation and in order to solve the invoice issued in the past about to pay obligations to its citizens,...
The nation's money supply is closely linked to deficit spending by the Government. The money grows rapidly when the deficit in the government budget is large and grows slowly when the deficit is small or when surpluses occur. According to analysis...
The public debate on increasing, decreasing, or implementing a minimum wage is not unlike the mythological hydra of Lerna. Not long after the debate is temporarily settled in one country it rears its head in another.1 This regularity is suggestive...
