What happens when a government nationalizes private ventures?

Milenio Foundation is a very reputable and serious think tank in Bolivia. They just published their Report “New nationalization cycle” No.150, dated June 8, 2012. To nationalize is to capture private companies and convert them to state-owned; in Spanish it is also called ‘estatizaciones’. The conclusions of this report follow: Conclusions The estimated cost ofContinue reading “What happens when a government nationalizes private ventures?”