Martin Langfield's Blog, page 7

April 2, 2016

A cracking read

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My latest book review: http://reut.rs/1X3PbJb

“Narconomics” by Tom Wainwright is both an extended black joke and a hard-headed analysis of the drug trade as a business (almost) like any other. A largely persuasive case for legalization, and funny to boot.


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Published on April 02, 2016 07:38

February 29, 2016

El fin del principio

Mauricio Macri, Buenos Aires' City Mayor and presidential candidate for the Cambiemos (Let's Change) alliance, ponders on a question during a news conference in Buenos Aires, November 10, 2015. Challenger Macri took the lead in Argentina's presidential election race against his ruling party rival, Daniel Scioli, a poll showed last Sunday, two weeks before the November 22 run-off vote. REUTERS/Enrique Marcarian - RTS6D46

Now that there’s a debt deal, some thoughts from last week on Argentina. For Macri, it’s just the end of the beginning:

http://reut.rs/1pkZWMf


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Published on February 29, 2016 08:27

December 12, 2015

“The Big Short”: Laugh, heave, repeat

bigshort

Here’a a review I wrote yesterday of “The Big Short:: A bitter guffaw as Wall Street falls apart

The 2008 financial crisis was too complex for any one medium to tell it all. Journalists and protagonists have penned books. Hollywood has tried terse drama. There have been documentaries and radio shows. The film “The Big Short” goes for dark humor that barely masks disgust.


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Published on December 12, 2015 05:58

December 8, 2015

Tightrope (or as you say in Spanish, slackrope)

Jesus Torrealba (R), secretary of the Venezuelan coalition of opposition parties (MUD), speaks near Lilian Tintori (2nd L), wife of jailed Venezuelan opposition leader Leopoldo Lopez during a news conference in Caracas December 7, 2015. Venezuela's opposition won control of the legislature from the ruling Socialists for the first time in 16 years on Sunday, giving them a long-sought platform to challenge President Nicolas Maduro. The banner reads,

My latest column: Cuerda floja, or howLatam pro-business leaders face a welfare conundrum http://reut.rs/1jKFyRq


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Published on December 08, 2015 06:55

December 5, 2015

Running on empty

maduro

My latest column: Venezuela’s populist revolution runs out of gas

The Andean nation has the world’s biggest oil reserves but can’t get basic goods like milk and medicine into stores. Voters will punish the inept heirs of leftist caudillo Hugo Chavez in Sunday’s legislative elections, but no quick turnaround is coming. Default is a risk in 2016.


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Published on December 05, 2015 07:01

December 3, 2015

Impeachment bid, like Brazil, unlikely to prosper

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A column I wrote last night on the latest news from Brazil:
http://reut.rs/1XAFfew


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Published on December 03, 2015 10:39

November 25, 2015

The sickness is the cure

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Some thoughts on Brazil. Sometimes the sickness is also the cure …

Brazil’s crisis may have a silver lining: the rule of law
Latin America’s biggest economy will get worse before it gets better. The arrest of billionaire banker André Esteves suggests room for further nasty surprises from the Petrobras corruption probe. But feisty independent courts and stronger institutions point to a brighter future.


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Published on November 25, 2015 10:36

Some thoughts on Brazil. Sometimes the sickness is also...

rio - mountain copy

Some thoughts on Brazil. Sometimes the sickness is also the cure …

Brazil’s crisis may have a silver lining: the rule of law
Latin America’s biggest economy will get worse before it gets better. The arrest of billionaire banker André Esteves suggests room for further nasty surprises from the Petrobras corruption probe. But feisty independent courts and stronger institutions point to a brighter future.


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Published on November 25, 2015 10:36

November 23, 2015

Macri-economics 101

ba - obelisk copy

My follow-up column today:
Argentina’s vote for Macri may show Brazil the way:http://reut.rs/1Sg3ckA

(Photo mine from a 2005 trip to Buenos Aires: Plaza de la República.)


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Published on November 23, 2015 17:20

November 22, 2015

My latest column: Muggle time

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My piece from Friday: Argentina faces a choice between magic and realism

Voters look likely to choose uncharismatic, pro-market Mauricio Macri as their next president in Sunday’s runoff election. Latin America’s No. 3 economy needs a dose of orthodox management after years of Kirchnerist magical thinking. But he could become unpopular very fast.

http://reut.rs/1I1y08q


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Published on November 22, 2015 15:58