Johan Norberg todavía no se enteró de que los controles de precios funcionan a las mil maravillas en Argentina. Pobre:
In my series "You don’t have to read Atlas Shrugged, just follow the news", it’s time to look at Argentina:
President Kirchner wanted cheap fuel for Argenitians, so five years ago he took control of the market and introduced harsh price controls. The Economist reports about the recent results: No energy investments and a severe fuel shortage. Parts of Buenos Aires lost power, industries didn’t get the electricity they needed and cars stopped when service stations ran out of fuel.
Argentina’s official news agency reported happily that there were fewer traffic jams than usual.
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