Expanding state

Expanding state
A trend toward increased government influence in economies and personal life is curbing growth, and freedom, in many Western countries. The outsized role of government results in misplaced incentives, overregulation – which restrains markets and competition – and irresponsible budgetary policies. It leads to planned economies and principalist, authoritarian, centralist and also socialist policies. As history shows, such governments inevitably fail in the end.

Reports on Expanding state See all

Chilean President Sebastian Pinera playing soccer

Crises put Chile’s free-market consensus in danger

The Covid-19 crisis offered embattled Chilean President Sebastian Pinera a lifeline after months of protests had rocked his administration. Instead, his mismanagement of the response to the pandemic has nearly led to the collapse of his governing coalition. Now, as the country gears up for a referendum on a new constitution, Chile’s status as a free-market bulwark in South America could be under threat.

By clicking "I Agree" below, you acknowledge that you accept our Privacy Policy and Terms and Conditions. Feel free to check out our policies anytime for more information.
I agree