
Somewhere / Anywhere Tyler Cowen on Latin America
Drama Produces Literature But Undermines Stability
- Argentina's cultural psychodrama fuels great literature but also chronic political volatility and fiscal instability.
- 'Boring' countries like Chile can better stabilize policy and sustain growth.
Madrid's Quiet Cultural Renaissance
- Madrid ranks among Europe's most successful cultural and livable cities due to affordability and urban vibrancy.
- Its recent renaissance puts it in the top tier for short visits and cultural life.
The School Of Salamanca's Forgotten Legacy
- The School of Salamanca contributed early liberal economic ideas like marginal utility and quantity theory of money.
- Their work connects Spain's intellectual history to modern economic thought.






























In this wide-ranging conversation, Tyler Cowen joins Rasheed and Diego to examine Latin America's structural challenges, cultural strengths, and economic future.
Why do some countries remain trapped in political psychodrama while others quietly stabilize? Can El Salvador become a long-term success story? Why does Argentina produce both world-class literature and chronic fiscal crises? Is Panama the region’s most underrated model? And is the United States slowly becoming a Latin American country in cultural terms?
The discussion moves from nation-building and dollarization to the School of Salamanca, from Madrid’s renaissance to Lima’s culinary dominance, and from Borges to Bukele. Throughout, Cowen returns to a central theme: growth is a moral imperative but drama often gets in the way.
This is a conversation about stability versus spectacle, culture versus institutions, and what it would take for Latin America to finally become “boring” — in the best possible sense.

