• • The Miami 'Non Sensus'
José Manuel Pallí, Buenos Aires Herald Capitalism | The Washington Consensus is dead, even in Washington, but not in Miami. One of our Academic Institutions recently hosted a panel which addressed “the morality of capitalism and Ayn Rand”, reminding us all of the need to preserve the tenets of market fundamentalism by strengthening the influence of market forces while constraining and reducing to a minimum the key functions of the government. It is as if they had spent the past five years napping, like Rip Van Winkle, and missed all the action, borrowing a page from the Washington-based institutions that once endorsed the Washington Consensus and were caught asleep at the wheel when the financial crisis of biblical and worldwide proportions (a crisis that is still unresolved) hit us back in 2008. Could it be the effect of that sleep-inducing-tea they are addicted to?