Interview Editor Lucy Schmitz and Senior Interview Editor Erich Denk talked with former Congresswoman Ileana Ros-Lehtinen. They discussed foreign policy, the effectiveness of sanctions, the situation in Venezuela, and her time in the Florida House of Representatives. Theme music by Russell Lawrence
Disparities in the cost of microcredit in Latin America
Textbook economics predicts that greater competition among banks in wealthier countries would drive down the price of borrowing, and setting price ceilings on lending would lead to a shortage of loans. However, both predictions are refuted in a comparison of Bolivia and Mexico, the Latin American states with the highest and lowest interest rates for […]