Since coming to power in 2003, Brazil's Workers' Party has pursued an economic policy of creating wealth through increased public spending. Until the end of 2010, this model seemed to be working successfully. Government spending rose, consumer demand rose, and economic growth accelerated at an extremely rapid pace.
More »The moratorium on timber exports – an unprecedented state intervention
The ban on the export of unprocessed timber has provoked a lot of reactions, mainly because of the very initiative taken by the government. The ruling coalition, which has become known for its spontaneous decisions attacking specific problems under the guise of the term “reform”, has once again pitted business against society. The particular populism seen in …
More »Guest article: Should we give the government the power to alter consumer choice?
Do we all have the same preferences and value material goods in the same way, so that we allow someone else to control (influence) our own choices?! If "value" is subjective, and market prices are a mirror of consumer desires, then the widespread suggestion that public goods and services are provided ...
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EKIP– Expert Club for Economics and Politics A Different Opinion