In this superb WSJ piece today, Mary Anastasia O’Grady takes a look at what has happened to Argentina, a nation that has gone (as she entitles the article) “From Breadbasket to Basket Case.”
The cause for the downfall of Argentine prosperity? In a nutshell, the abandonment of private property and the rule of law for socialism and endless political meddling in society.
It could easily happen here.
