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The Current US Economic Situation from an Austrian Viewpoint
Mises Wire
Author: Franco Guevara
Online Publish Date:
Category: Business Cycles, Money Supply, Booms and Busts
This article is a brief analysis of the US economic situation from the point of view of the Austrian School of Economics. It is strictly macroeconomic: a deductive hypothesis of what is happening in the aggregates. Let us place ourselves in the months immediately after the arrival of covid-19, the first quarter of 2020. As an economic policy
The Myth of the “Aguinaldo”
Power & Market
Author: Franco Guevara
Online Publish Date:
Category: Bureaucracy and Regulation, Economic Policy, Labor and Wages
In Costa Rica, and in most Latin American countries (Brazil, Argentina, Mexico, Colombia, etc.) the a guinaldo —a legally-mandated Christmas bonus—is an acquired labor right and is meant to provide workers with additional financial security. Unlike discretionary year-end bonuses in the United States, this one is an obligatory payment enforced by