January 06, 2016

Ideas and Their Consequences

By Chelsea German
Political and economic ideas have consequences. The recent election outcomes in Argentina and Venezuela show that the voters of those countries recognize this. They have experienced the disastrous effect that socialist policies had on their economies, and have decided to try a more market-friendly approach. Free-market policies created incredible results in Chile—once much poorer than Argentina and Venezuela, Chile now has a higher per capita GDP than either. Human Progress Editor Marian Tupy explores these ideas in detail in his recent article in Reason. Please give it a read.label