Category Archives: Economics

A “Temporary” Tax Becomes Permanent in Chile

According to 4-traders: Chilean fuel and forestry conglomerate Empresas Copec SA (COPEC.SN) and pulp and paper producer Empresas CMPC SA (CMPC.SN) each will post a one-time tax charge in their third-quarter earnings, the companies said in separate filings with the … Continue reading

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Food so Tasty that it’s Unfair

Former President of Chile Ricardo Lagos recently asserted: A society that is built on neoliberal economic ideas will indeed foster GDP growth and innovation. But unless it is complemented with public policy aimed at promoting equality, a free-market society will … Continue reading

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Posted in Economics, Education, Society and Culture | Comments Off on Food so Tasty that it’s Unfair

Former President of Chile Publishes Memoirs

Former President of Chile Ricardo Lagos recently published, The Southern Tiger: Chile’s Fight for a Democratic and Prosperous Future and asserted: A society that is built on neoliberal economic ideas will indeed foster GDP growth and innovation. But unless it … Continue reading

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Chilean President Warns of Danger of Socialism

The President of Chile cast diplomacy aside today to promote capitalism. According to Bloomberg, Sebastián Piñera said that Europe’s mistakes are a lesson for Latin America: Latin America must avoid the costly welfare policies plunging Europe into crisis and should … Continue reading

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Posted in Brazil, Chile, Economics, Mexico | Comments Off on Chilean President Warns of Danger of Socialism

Criminally Bad Business Decisions in Argentina

During the 1974-2002 epoch in Argentina, it was a criminal offense for a business owner to make bad decisions. According to Ian Mount, author of The Vineyard at the End of the World, one victim ensnared by the law was … Continue reading

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It’s Time to Pay the Most Evil Tax

If you live in the USA, today is the customary deadline for filing income tax forms, although it is extended a couple of days this year because it falls on Sunday. I call it the most evil tax because it … Continue reading

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Confusion About Start-Up Chile in Iceland

The definition of confusion, according to one old joke, is Father’s Day in Newark, New Jersey, but now that in our enlightened times everyone in Newark knows their father, the new definition of confusion is this Start-Up Chile judge in … Continue reading

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Posted in Economics, Start-Up Chile | 2 Comments

Young Spaniards Emigrating to Chile

El Mostrador recently published a story about young Spaniards fleeing the crisis in Spain and emigrating to Chile to search for work. The USA remains not only the richest English country, but also the richest Spanish country, the first choice … Continue reading

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Protectionism in Argentina

The Economist recently described protectionism in Argentina, including the micromanagement of imports: For firms that refuse to (or cannot) move production to Argentina, the government offers another option: deals to export goods worth at least as much as a company’s … Continue reading

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Health Care in Chile and the USA

After living 5 winters in Mexico and Chile, I’ve found that expats are surprised by the better quality medical care outside the USA. I expected this in Mexico because expats often are Third Agers stretching their pensions who need more … Continue reading

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Posted in Chile, Economics, Government and Law, Recreation and Health | Comments Off on Health Care in Chile and the USA