Post originalmente publicado en el sitio del Sound Money Project. In a recent New York Times article, Paul Krugman dismisses the idea that dollarization might improve Argentina’s economy. He describes dollarization as a magical solution. In doing so, Krugman commits the strawman fallacy. He overlooks the constraints and institutional anomie that alternative monetary reforms face in Argentina.
Dollarization Is Not Magic
Dollarization Is Not Magic
Dollarization Is Not Magic
Post originalmente publicado en el sitio del Sound Money Project. In a recent New York Times article, Paul Krugman dismisses the idea that dollarization might improve Argentina’s economy. He describes dollarization as a magical solution. In doing so, Krugman commits the strawman fallacy. He overlooks the constraints and institutional anomie that alternative monetary reforms face in Argentina.