Brazil Takes an Austrian Turn

Paulo_Guedes.jpegWhen Jair Bolsonaro won Brazil's presidency many people though the country was in for further political and economic problems.

This may yet be the case but Bolsonaro's call for unity and suggestion that the government and economy must serve all Brazilians is at least a positive start.

An even more positive sign is his bringing people in with grounding in the Austrian School.

The most important move is his new czar for economic affairs, Paulo Guedes who "may be the most striking personification of the growth of economic libertarianism in Brazil, popularized by the writings of the Austrian Ludwig von Mises."

Hopefully it's not wishful thinking.

It would be worth it for our relatively new Government to follow events there as Brazil might provide some policy ideas to change the course of events here. 

Read more here…

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