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Fumes of a Failed System: Bolivia’s Gasoline Crisis
Bolivians are finding out the hard way that socialist energy means price controls, and price controls mean fuel shortages and long gas station lines. Socialism excels in unkept promises and Bolivia is no exception to that rule.
Original article: https://mises.org/mises-wire/fumes-failed-system-bolivias-gasoline-crisis
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By Mises Institute
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Bolivians are finding out the hard way that socialist energy means price controls, and price controls mean fuel shortages and long gas station lines. Socialism excels in unkept promises and Bolivia is no exception to that rule.
Original article: https://mises.org/mises-wire/fumes-failed-system-bolivias-gasoline-crisis
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