Summary: Myth: Throwing loans at developing nations will cure poverty.
Fact: As shown in "Sickness Amidst Recovery: Public Debt and Private Suffering in a Peruvian Shanty Town," loans can make things worse.
Myth: Getting rid of big government automatically improves the standard of living.
Fact: Cutting services can lead to calamity, as detailed in "Neoliberal Economic Policy, State Desertion and the Russian Health Crisis." ...show more
Myth: The free market is a panacea.
Fact: There's nothing liberating about modern capitalism, as demonstrated in "'Todo Bajo Control': The Costs of 'Free' Trade to Mexican Maquiladora Workers." ...show less