Sunday , 20 May 2018

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Industry Dynamics and the Minimum Wage: A Putty-Clay Approach

Industry Dynamics and the Minimum Wage: A Putty-Clay Approach

Our research presents two new empirical findings on how the restaurant industry, the largest U.S. employer of low-wage labor, responds to minimum wage hikes. First, exit and entry among limited-servic ...

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Macri and Kirchner differences and similarities in inflation management

Macri and Kirchner differences and similarities in inflation management

In quantitative terms, today's inflation is similar to that of CFK, but qualitatively the thing is very different. Inflation is a monetary phenomenon. When money is excessively abundant, its value fal ...

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Chile, Costa Rica and Uruguay, Institutional Quality Champions in Latin America

Chile, Costa Rica and Uruguay, Institutional Quality Champions in Latin America

According to the 2018 Institutional Quality Index of the Libertad y Progreso Foundation carried out with the support of the Naumann Foundation and RELIAL and presented yesterday, Chile, Costa Rica and ...

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In spite of everything, Argentina is on the right track

In spite of everything, Argentina is on the right track

Aldo Abram, Director at Libertad y Progreso, referred to the criticism that the national government has received for the increases in tariffs and the gradualism it is applying to changes in economic p ...

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Institutional quality index 2018

Institutional quality index 2018

Since the beginning of the current government, the country has climbed 23 places in total, and can continue to climb the table, according to experts; the fight against corruption, an important factor ...

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Argentina was the richest country in the world

Argentina was the richest country in the world

The recent update of the Maddison Project data states that Argentina ranked No. 1 in the GDP per capita ranking in the years 1895 and 1896. In the textbook "Economics", written by the Nobel Prize in E ...

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Russia, China flee from Venezuelan refineries fearing imminent collapse

Russia, China flee from Venezuelan refineries fearing imminent collapse

Russia and China, allied countries of the dictatorship in Venezuela, declined taking over the Venezuelan refineries of Paraguaná, as the Maduro regime had offered. Both countries realized that Venezue ...

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Populism: A Global Menace

Populism: A Global Menace

Image by © Bettmann/CORBIS In an article written a year ago, Peruvian writer, erstwhile politician and Nobel Prize winner Mario Vargas Llosa argued that the main threat to the survival of liberal demo ...

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To change Argentina, first we have to love it

To change Argentina, first we have to love it

We, liberals, want to change Argentina. And I am sure that we also love our country. Tension is unavoidable. We love something we want to change. We understand that, as we are, we are doing very badly ...

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After the Castros, what will happen in Cuba?

After the Castros, what will happen in Cuba?

Raúl Castro leaves the presidency of the State Council to Miguel Díaz-Canel on Thursday April 19. Officially, Cuba has a government appointed by the Parliament. Actually, the government is a family di ...

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