The market emerged long before governments and laws. This analysis reveals how voluntary exchange between individuals is the true origin of the economy—and how the state, instead of creating it, began to exploit it.
Despite its formal autonomy, the Brazilian Central Bank remains vulnerable to political pressure and fiscal imbalances. This analysis shows how monetary independence is only real when accompanied by...
Brazil spends like a rich country, but delivers services like a poor country. This analysis reveals how the lack of administrative reform protects privileges, perpetuates inefficiency, and prevents any fiscal solution...
Governments claim to protect the financial system by attacking private currencies, but their real goal is to maintain a monopoly on money and control society. This analysis exposes the threat to individual freedom...
Regulatory agencies promise to protect consumers, but they often become instruments of political power and privilege. This analysis reveals how regulatory capture stifles competition, b...
Crises are used as excuses to expand state power, create new taxes, and restrict freedoms. This analysis reveals how the Brazilian state transforms emergencies into instruments of domination.
A BTG Pactual study shows that Brazil will have one of the largest nominal deficits in the world in 2024 and 2025. This analysis reveals how the Brazilian government has made the deficit a permanent practice, deepening...
Brazil's fiscal deficit is no longer the exception but the rule. This analysis reveals how governing in the red has become a power strategy, undermining growth, economic freedom, and the...
While the government repeats that "there's no money," lawmakers keep aid, funding, and privileges intact. This analysis shows how austerity in Brazil is selective: it cuts from the people, never from the...
The Brazilian government has created an internal economy, where it contracts its own services through agreements, foundations, and state-owned companies—always with public funds. In this post, we dismantle this vicious cycle...









