Cato Institute co-founder Ed Crane has long said in print, on television and in person that a focus on economic growth misses the point. Paraphrasing Crane, if the people are free they’ll have all the economic growth they could ever want.
It’s something to remember as the Cato Institute stages an online policy forum focused on Argentina, and why it “must” dollarize. Without minimizing the importance of stable money to economic progress for even a second, the forum’s assertion about what Javier Milei must do similarly misses the point.
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