Monday, March 20, 2006

Argentinian beef

I read about this economically unsound (Cafe Hayek has the economics) idea put forth by the leftist Argentinian President last week. Eat less beef to curb inflation. It reminds me of Fidel Castro calling for Cubans to spend their vacation time chopping sugar cane. Leftist economics always turns out this way; rationing to keep the economy in check.

Anyway, this struck me as funny because my old business partner spent a summer in Argentina a couple of years ago. When he got back reported to me about how much beef they ate in Argentina. Beef for breakfast, lunch and dinner. Now the President wants Argentinians to eat less beef. I just don't think that will work.

No comments: