If Democrats nominate Elizabeth Warren, there will a chorus of well-funded voices declaring that her progressivism would destroy the economy. So it's not irrelevant to look at how that sort of thinking is holding up abroad 1/ nytimes.com/2019/10/26/wor…
Macri was the business community's candidate; he was going to bring sound management in after years of populism, and things were going to be great. But he screwed up the macroeconomics, borrowing heavily in dollars (!), and presided over recession 2/
Chile has long, as Branko says here, been the poster child for neoliberalism. I remember very well when Bush & co tried to sell Chile's privatized pensions as a replacement for Social Security. But rampant inequality is now causing mass unrest 3/ glineq.blogspot.com/2019/10/chile-…
Obviously governments of both left and right can mess up. But the persistent belief that big business and the wealthy know How Things Work and can run the economy best is completely at odds with experience 4/
