Wednesday, October 29, 2014

Markets and democracy

Meanwhile the Wall Street Journal and The Economist remind us that they think that markets (wealthy investors really) and not people should vote. Because when people vote there is: "much ruin in a nation." These are just the opening salvos in the battle for austerian policies in Brazil, as noted by Pedro Zahluth Bastos here (in Portuguese).
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1 comment:

  1. AnonymousOctober 30, 2014 at 5:39 PM

    Not necessary. Reference rate is again going up.

    ReplyDelete

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Raúl Prebisch as a Central Banker and Money Doctor

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