Latin American experience teaches that populists are easily underestimated and can stay in power for a long time. But not forever. Populist regimes are often corrupt and spendthrift, and usually fail to make people better off. Whatever the example from the White House, Latin American history shows that populist nationalism is a recipe for national decline. That is the message liberals need to hammer home.
The Economist
Latin American experience teaches that populists are easily underestimated and can stay in power for a long time. But not forever. Populist regimes are often corrupt and spendthrift, and usually fail to make people better off. Whatever the example from the White House, Latin American history shows that populist nationalism is a recipe for national decline. That is the message liberals need to hammer home.
15 Comments
Brent Buckner
5/1/2017 09:44:57 am
I sent you an e-mail ( timestamped 12:36pm May 1 2017 )
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Brent Buckner
5/23/2017 03:59:27 pm
I sent you an e-mail ( timestamped 6:43pm May 23 2017)
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Brent Buckner
6/15/2017 05:34:59 am
"The New Class War"
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Brent Buckner
6/17/2017 06:29:32 am
Just FYI, a quote from Larry Summers: "I suspect, for reasons I will write about in the next few days, that moving away from inflation targeting to something like nominal gross domestic product-level targeting would be a better idea." [from http://larrysummers.com/2017/06/14/5-reasons-why-the-fed-may-be-making-a-mistake/ ]
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Brent Buckner
6/27/2017 04:07:00 am
A comment on the Reverse Repo Program:
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Brent Buckner
7/1/2017 07:17:52 am
I sent you two e-mails on the Reverse Repo Program a couple of days ago; presumably they're in your spam box.
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Brent Buckner
7/3/2017 07:26:25 am
One take on how much "catch up" growth may be available to China:
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Brent Buckner
7/16/2017 06:56:05 am
Oilsands:
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Brent Buckner
8/7/2017 07:32:06 am
Suggest you read the full abstract, to me their cut at "surplus wealth" and follow-on analysis looks interesting:
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Brent Buckner
8/10/2017 12:10:22 pm
A minor bit on Big Oil's planning:
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Brent Buckner
9/9/2017 07:44:18 am
CORE:
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Brent Buckner
9/13/2017 10:28:01 am
More CORE:
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Brent Buckner
10/4/2017 04:41:48 am
US Shale:
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Brent Buckner
10/4/2017 07:20:44 am
George Selgin's on-going bashing of IOER:
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Brent Buckner
10/15/2017 08:14:59 am
Bank of Canada's "corridor" system vs. the U.S. Fed's "floor" system:
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