opinion and analysis

ECONOMIC QUESTIONS

Moving targets

Relaxing monetary policy will thus not necessarily accelerate inflation but it certainly will not slow it down either – the statement here seems to be that the best answer to the problems of gradualism is more gradualism.

Saturday 6 January, 2018

ON The end of the Sturzenegger doctrine

Growth for inflation, Macri’s NYE present

Macri’s political message was heard loud and clear. Sturzenegger is fourth in line in making economic policy now, below Marcos Peña, Dujovne, and Caputo. The Central Bank’s sacrosanct independence, recovered by Sturzenegger at Macri’s behest, has been put in question, severely weakening the strength of monetary communication.

Saturday 30 December, 2017

AS I SEE IT

Macri touches the third rail

The welfare institutions we take for granted were designed for societies that no longer exist, but most people cling to the belief that nothing much in this area has changed since 1881.

Saturday 23 December, 2017

AS I SEE IT

Closing the gap between reality and fiction

For many people, the Constitution and the rule of law are at most appealing ideals that deserve to be respected, even revered, but should not be taken too literally. Experience has taught them that personal arrangements matter more.

Saturday 16 December, 2017

AS I SEE IT

Corruption and soybeans

The men and women corruption hurts most also tend to be the keenest admirers of the malefactors who are keeping them down.

Saturday 25 November, 2017

Poll

Op-Ed