Editing Deregulation (section)

=== Argentina ===
[[Argentina]] underwent heavy economic deregulation, [[privatization]], and had a [[fixed exchange rate]] during the [[Presidency of Carlos Menem|Menem administration]] (1989–1999).  In December 2001, [[Paul Krugman]] compared [[Enron]] with Argentina, claiming that both were experiencing economic collapse due to excessive deregulation.<ref>{{cite journal | last = Krugman | first = Paul | author-link = Paul Krugman
 | title = Laissez Not Fair | journal = The New York Times
 | date = December 11, 2001
 | url = https://www.nytimes.com/2001/12/11/opinion/laissez-not-fair.html
 | access-date = June 10, 2011}}</ref> Two months later, Herbert Inhaber claimed that Krugman [[Correlation does not imply causation|confused correlation with causation]], and neither collapse was due to excessive deregulation.<ref>{{cite journal | last = Inhaber | first = Herbert
 | title = Deregulation and Its Discontents | journal = Ideas in Action
 | date =  February 12, 2002
 | url = http://www.ideasinactiontv.com/tcs_daily/2002/02/deregulation-and-its-discontents.html
 | archive-url = https://web.archive.org/web/20111105234828/http://www.ideasinactiontv.com/tcs_daily/2002/02/deregulation-and-its-discontents.html
 | archive-date = November 5, 2011
 | access-date = June 10, 2012}}</ref>