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Over the past two decades, I saw this inverted worldview swallow all of the crucial sense-making institutions of American life. It started with the universities. Then it moved beyond the quad to cultural institutions—including some I knew well, like The New York Times—as well as every major museum, philanthropy, and media company. It's taken root in nearly every major corporation. It's inside our high schools and our elementary schools.

Puerto Rico was such a blessed island that for many years there was no talk about the economy because the factories that took advantage of the 936 law ensured a consistent flow of money to the government. The loss of 936 was a fatal blow to our economy, so fatal that it cost us bankruptcy and a debt that will keep us making payments to bondholders for at least 20 years. Needless to say, this will be a costly process for Puerto Rico. But that is not the worst news. The administrations that have reigned over our Island's finances since Puerto Rico's economic bonanza ended have been abysmal. Even knowing that the money was no longer coming in, the government continued spending as if nothing had happened. To top it off, instead of making adjustments, they continued issuing bonds as if they did not have to repay them after their maturity date.

Socialist revolutions do not spread in times of misery and poverty as one would expect them to do, but during prosperity and progress. To know this, we only have to look back at history, which reminds us that the Essene movements (primitive socialism) coincided with the height of the Empire pax augusta.

The data suggest that, contrary to what so many people predicted, Argentina may not be slipping deeper into recession following Milei’s shock therapy. Instead, its economy is healing.

Ideological labels are challenging. They change over time. They often originate as terms of abuse for one’s opponents. The proto‐liberal Levellers in the mid‐1600s got their name from critics who accused them of wanting to “level” society, rather than simply to establish equal rights. Both “Whig” and “Tory” were originally used to criticize their opponents in the late 17th century. These days, what do conservatives want to conserve? Are liberals still liberal?

The end of the Rental Law generated an almost immediate impact on the real estate market. Since the repeal of Javier Milei's DNU came into effect, the supply of apartments in the City of Buenos Aires has already doubled, according to data from the Argentine Real Estate Chamber (CIA), and prices have already dropped, so far, by 20 %, say the brokers in the sector.

The inventory tax represents a cost of doing business for merchants who have to pay taxes on the products they have in storage, regardless of whether or not they sell the merchandise. In other words, if a businessman has a food inventory valued at $1 million and has to pay a 6% tax, he will have to pay about $60,000 in tax to the municipal government where he operates.

When we pay closer attention to the thoughts that Hayek, in his work, "The Foundations of Freedom" wrote for us, we can adopt a certain air of confusion and even similarity with what we are experiencing nowadays: "There is no doubt that many people are afraid of freedom, because the opportunity to make one's own life also means an incessant task, a discipline that man must impose on himself to achieve his ends".

Complaining about steep rent in major cities is as original as leading a conversation with “well how about that weather?” But knowing there’s a housing problem and knowing how to fix it are two different things, and sometimes well-meaning efforts to keep rents down end up backfiring. Experts say we need to make it easier to build new homes.