Argentina’s budget cuts have generated eye-popping results: lower inflation, higher wages, and the nation’s first budget surplus in 12 years.
He is currently pursuing an MA in economics from GMU. Michael’s studies focus on development economics and institutional analysis.
Argentina’s budget cuts have generated eye-popping results: lower inflation, higher wages, and the nation’s first budget surplus in 12 years.
Populists exploit economic grievances and cultural anxieties. But their policies make both worse.
“Economists often get lost in abstractions…By coming to terms with himself, Glenn Loury gains a deeper understanding of the challenges and opportunities facing the same communities in which he was raised.” ~Michael N. Peterson
“Not only are Gen Z Americans unprepared to reform our country’s spending programs and revive the nation’s fiscal health, they are also engaging in the very behavior that will undermine their ability to achieve the American Dream.” ~Michael Peterson
“Not only are Gen Z Americans unprepared to reform our country’s spending programs and revive the nation’s fiscal health, they are also engaging in the very behavior that will undermine their ability to achieve the American Dream.” ~Michael Peterson
“Socialism not only hollows out economies, but also makes truth the enemy of the people. And when silence overwhelms a nation, the few who are brave enough to speak can shape history.” ~Michael Peterson
“Friedman wasn’t a contrarian, but a firm believer in following the facts wherever they led. This ‘positive economics’ approach would underpin his later contributions for which he was most known.” ~Michael N. Peterson
“Recasting the NIMBY debate in social terms would convince even the most ardent NIMBY activist to reconsider. America’s blight with homelessness, for example, can be remedied by increasing the housing supply.” ~Michael Peterson
Argentina just elected Javier Milei, a boisterous, wild-haired economist with a pro-market agenda to transform the nation’s economy. After decades of Peronist rule, Argentina is now home to the first […]
“Entrepreneurs thrived during the era of free banking in the United States, even with restrictive banking laws, which handicapped private banks from being more efficient.” ~ Michael N. Peterson