Sunday, May 29, 2016

Why Venezuela Is Breaking Down?
"The federal, provincial, and municipal budget deficits principally all spring from the same two sources: the inefficient management of public enterprises and of the food subsidy scheme. The goal should be to transfer the public enterprises into the hands of private businessmen and to dismantle the food subsidies." (written in 1921)
- Ludwig von Mises (1881-1973)
LINK HERE to the article

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