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“The book is a reflection of those who are disappointed with reforms and the political system,” says Gustavo Franco – 05/21/2021 – Market



“The book is a reflection of those who are disappointed with reforms and the political system,” says Gustavo Franco - 05/21/2021 - Market

In an interview with sheet, economist Gustavo Franco talks about his new book Bitter Lessons: A Preliminary History of Today, which he defines as a reflection of those who are tired of the frustrations of recent years, but believes that learning from the pandemic can accelerate change that brings the country to better world practices in the economic sphere.

How do you choose a moment to publish a current story that, as the subtitle of the book says, is still a preliminary story? What was the choice of the book format?

In general, we write books about ready-made facts. But in such a case, we will never write about current topics and therefore will navigate without the help of the maps offered by these efforts. It takes a lot of effort to remove from the conventionality of this moment that which is solid and permanent.

I wanted to make the book in the same tone and approach that I use in my newspaper articles. This tone differs from my last book, Currency and Law, which has a characteristic academic character, a book by a historian. This new article is like a long newspaper article. I was looking for a lighter writing, more enjoyable to read, as before.

The book talks about bitter lessons, but overall it gives an optimistic view of the moment.

The tone of the text is all positive. It is now the result of the thinking of those who are tired of the frustrations of the past few years, of reforms that are not taking place, and of a political system that is unable to provide an economy that works for the benefit of the people. It’s really frustrating, and the pandemic may have sparked this bitterness over what happened, but it could be a very positive thing if things move faster now. Maybe. I’ll take it.

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A pandemic can make things happen faster, or we will continue what you classify as the “macunaímico improvement of the theorem on Lampedusa [autor de ‘O Leopardo‘]”?

Interestingly, some reforms were discussed throughout the pandemic. It was not a paralyzed object. He changed his look. I like the idea that if we had carried out reforms earlier, with more energy, with more speed, we would be better off starting a pandemic. This is another way of saying that we have too much time. They reflect all our concern for progress. It is widely believed that the pandemic has only worsened.

You draw a parallel between Goethe’s Faust and the relationship between Paulo Guedes and Bolsonaro when you talk about these fruiting.

Many people would have liked Paulo Gedes, who has influence over Jair Bolsonaro, to persuade him to carry out some liberal reforms, but no one had any illusions about how far this might go. We learned what we already knew: the president is not Paulo Gedes and that this government’s ambitions for liberal reforms are limited.

Now that this book comes out, we are much more concerned about failure than success. The very consistency of a minister is today seen as a means of preventing failure rather than ensuring progress.

Given all the cited works and studies that talk about insanity, stupidity, stupidity and imbecility, which of these concepts would you use to classify the current government?

This will be the judgment of the reader and the judgment of the voter.

In the current political scenario with our 2022 outlook, do you see a place for a candidate with a liberal agenda?

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The pandemic has not helped resolve these previous disputes about government size, government role, intervention versus market. All these controversies continue, perhaps with a little change. There has been a lot of biased confirmation, but doubts remain. I do not believe that in the next elections there will be a clear victory of one side over the other.

Is the economic agenda not being discussed?

Do not stand aside. How it will appear is still a mystery to me. In the last election, it was surprising that the liberal point of view is so important in the debate about economics. It is possible that this discussion will be repeated in the next elections, because what has happened since 2018 until now has been a little upsetting. We did not have liberal reforms, which in 2018 all candidates, except for the left, announced that they were going to do it. This is a stuck agenda.


Gustavo Franco, 65 years old
PUC-Rio Master of Economics and Harvard PhD. He is the former president of the Central Bank and founding partner of Rio Bravo Investimentos. He was part of the team that came up with the real plan. Author and organizer of 15 books on economics and topics with Machado de Assis, Shakespeare and Fernando Pesoa. He joined PSDB in 1989 and left for Novo in 2017.

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“Never before has a president run for re-election with such a high rejection rate,” the political scientist estimates



“Never before has a president run for re-election with such a high rejection rate,” the political scientist estimates

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Politic system




Senate candidate Alvaro Diaz (Podemos) reiterated that professional work in the Senate is for experienced politicians, not for trainees. The senator’s remark was a response to União Brasil candidate Sergio Moro, who announced that he would create Lava Jato in the National Congress, without knowing, however, the real functions of the senator, i.e., not within the competence of the Senate. Alvaro made the announcement after being asked about voting against a project that would set rules for social media, the so-called “Fake News Law”.

Photo: Pedro France

Fake News I
Alvaro Diaz said the bill, which makes it a crime to finance and spread fake news, was hastily sent by senators to the Chamber of Deputies. Diaz claimed to have voted against approval of the project in 2020, believing that the proposal required a deeper analysis of the topic with more elaborate proposals.

Fake news 2
The senator said the law was “a fine line between free speech and lying” and commented, “Obviously you cannot allow yourself to ridicule and attack people with impunity in the name of free speech. . We are victims, we are victims, of course, I want a good law.”

Beaches of Parana
After the transformation of the edge of the beaches of Cayoba and Matinos, the feeding service of the beaches of Parana is transferred to other resorts in the region. The Galileo Galilei dredge dumps thousands of cubic meters of sand every day onto the sandy strip of the Flamingo Resort, the first just after the Matinos River, next to the Fish Market, and is already changing the face of the region. The work was completed by 45%.

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Spring started this Thursday, the 22nd, and will end on December 21st. According to Simepar, the forecast of dynamic and statistical climate models indicates an increase in the La Niña phenomenon with a probability of 80 to 90%, which will affect the climate in Paraná, similar to what was recorded in August and the first half of September. but shorter,” said Simepara meteorologist Reinaldo Knaib.

The Municipality of Francisco Beltrao will open registration for the Simplified Selection Process (PSS) on Monday (26). There are 38 vacancies for the formation of a reserve register of temporary activities in various areas and functions. According to the prefecture, classification will be made on the basis of the education and professional qualifications of those enrolled. The notice is now available for review. The registration fee will be 20 reais for all positions and must be paid by bank deposit or Pix. Candidates who are in a situation of social vulnerability can apply free of charge by presenting the Unified Register form.

The impeachment trial of former PT adviser Renato Freitas has reached the Federal Supreme Court (STF). Lawyers for Guilherme Gonçalves and António Carlos de Almeida Castro, Kakay, defending PT, filed a lawsuit to try to reverse the impeachment of Renato Freitas and make him eligible to run in this election, as the Paraná Regional Electoral Court (TRE-PR) rejected the PT candidate.

Recurso without TSE
State candidate Moasir Fadel (PSD) has announced that he is already filing an appeal with the Higher Electoral Court (TSE) to guarantee his candidacy in this year’s elections. The announcement came shortly after the decision of the District Electoral Court of Paraná (TRE-PR), which accepted the request to reject his candidacy on the grounds that he was ineligible. “We will calmly convey the appeal to Brasilia. My campaign remains calm and serene. We continue to believe in justice,” he said.

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The municipality of Kambara has completed 98 years of political and administrative emancipation. Deputy Luis Claudio Romanelli (PSD) and Mayor Neto Haggi (MDB) commemorate the date, remembering what made the city stand out. “Cambará is connected to the future and has investments in all sectors,” said the MP. “This is 98 years of history built by the first inhabitants of different nationalities. Kambara is a reference to Parana,” emphasizes Neto Haggi.

A survey conducted by the Instituto Opinião shows that 83% of those polled said that the choice of a candidate for the Palacio do Planalto is final. In the presidential race, Luiz Inacio Lula da Silva (Portugal) appears with 45% against Jair Bolsonaro (PL)’s 33%. As for choosing a candidate for federal deputies, out of 2,000 people interviewed by the institute by phone, only 28% said they had chosen a candidate for the chamber of deputies in more than a month.

Write down
The survey was conducted from 18 to 20 September. 2,000 people over the age of 16 were interviewed by telephone in 114 municipalities across the country. The survey has a margin of error of plus or minus 2% with a reliability of the overall survey result of 95%. The poll is registered with the Higher Electoral Court under number BR-09430/2022.

IR return
The Federal Tax Service released this Friday advice on the fifth and final installment of this year’s income tax refund. The lot also includes residual refunds from previous years. On the 30th, the tax office will transfer 1.9 billion reais to 1,220,501 taxpayers. Of this amount, R$ 221,130,324.62 will be paid to taxpayers with legal priority. The rest of the lot will be allocated to 1,159,183 non-priority taxpayers who filed returns for previous years.

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The consultation can be done on the website of the Federal Tax Service. The taxpayer simply clicks on the “My Income Tax” box and then “Consult a Refund”. The consultation can also be carried out in the Meu Imposto de Renda application, available for smartphones on Android and iOS systems.

The High Electoral Court (TSE) has identified suspicious transfers worth 605 million reais after reviewing partial campaign accountability submitted by candidates between 9 and 13 September. A total of 59,072 cases of potentially illegal donations or spending were identified, the Electoral Justice said. Now the Ministry of Elections (MPE) must investigate these suspicious cases. A new round of data intersection will take place after the final submission of first round reports, which must be submitted by all applicants by November 2nd.

The column was published simultaneously in 20 newspapers and related portals. Find out more at

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Elections: Like Anitta, you can also seek political knowledge



Elections: Like Anitta, you can also seek political knowledge


Since then, with Jair Bolsonaro’s victory in the electronic polls and the start of his term in the executive branch, Anitta has maintained her position, questioning the elected politician about situations she disagrees with. It is the responsibility of any citizen to question and bring charges against elected politicians who are public servants.

One of the first actions taken by the Culture Administration was to cancel the announcement of LGBTQIA+-themed series for public TV channels. “I asked your constituents who are not heterosexual. Some told me that you explain everything on a weekly live broadcast and that the reasons were related to public funds; others because the content was null or low-level; still others told me it was for all kinds of “low level” content, not just LGBT, others didn’t know what to say. But here I got confused. If the question is about money or “low-level” content, because your post is addressed directly to the LGBT community and not all the content involved, as I was told? ”, The artist wrote in the photo of the politician on social networks.

He continued: “They accused you of being homophobic and you said that you are not homophobic, but mentioning only the LGBT community in your post, without captions and explanations, doesn’t this make your subscribers think that LGBT content should be banned? that family content should not mention LGBT people, as I saw in some of the comments here. If the decision has other factors, why publish only the LGBT topic? I write this with all the respect that should be given to a political ruler.” Her response was harassed by supporters of the president and by Bolsonaro himself.

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