Opinion: from Soviet breadlines to the Brazilian energy sector – the dangers and promises of centralized control

By Adolfo Sachsida* Ronald Reagan once described a government’s economic perspective succinctly: “If it moves, tax it; if it keeps moving, regulate it; and if it stops, subsidize it.” The Soviet Union’s central economic planning experiment led to widespread hunger and poverty. However, it did spur growth in areas deemed essential by central planners, such […]

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