If the Obama administration wanted to improve relations with Latin America the most obvious move would be to seek closer ties with Ecuador. Ecuador has been transformed into a nation with a stable political system, a head of state reelected by enormous margins in free elections, substantial economic progress, and a pragmatic development program. That program embraces policies that even the Washington Consensus praised that focus government expenditures on health, education, and infrastructure. The policies also champion an idea most identified with the conservative economist Hernando de Soto – making it far easier for entrepreneurs to start new businesses. President Correa is the leader who continues to surprise his friends and foes by taking steps that make economic sense even if they are identified with the “right” while keeping a relentless focus on the needs of the poor. That focus on the poor comes from Correa’s Catholic social justice beliefs that the Pope has recently been returning to centrality.
- Help Us Develop New Media Content
LOOK WHAT THEY’RE SAYING:
International Post Keynesian Conference @ UMKC
- Conference site and details are found here.
Bank Whistleblowers United
- Randy Wray on Krugman and the Frustration of the Heterodox April 28, 2014
- Fred Lee Talks About his Contributions to Heterodox Economics April 18, 2014
- Feb. 27 Podcast with Randy Wray February 27, 2014
- Bill Black and Randy Wray October 21, 2013
- Political Theatre and the Government Shutdown October 2, 2013
- Randy Wray: The Taper, the Debt Ceiling and the Prospects for Growth September 23, 2013
- Stephanie Kelton Talks with Warren Mosler September 4, 2013
Articles Written By
January 2023 M T W T F S S « Apr 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31