Why are capital markets dysfunctional in an era of excessive liquidity, low interest rates and modest inflation? Why has the Chilean economic model, an inspiration to many other nations over many years, come under vicious attack? What is driving the turn to socialism among younger generations?
These topics were tackled at the 27th meeting of the annual Alamos Alliance, “Disruption and Discontent in the Global Economy: Addressing the New Challenges,” held from February 13-16, 2020 in Alamos, Mexico. This report summarizes the the keynote presentations given by Professor Douglas Irwin of Dartmouth College; Ricardo Hausmann, the Director of Harvard University’s Growth Lab at the Center for International Development; as well as talks given by Anne Krueger, Deirdre McCloskey, Luis de la Calle and Kevin Murphy, among others.