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The Fórum da Liberdade (Liberty Summit) took place at the PUC-RS in Porto Alegre on past Monday and Tuesday. The event has been happening for 25 years to talk on issues related to economic freedom, entrepreneurial ideas, and individual rights. This year's summit discussed "2037: que Brasil será o seu?" ( 2037: how your Brazil will be like). Fórum da Liberdade is held yearly by the Brazilian Institute of Business Studies (IEE).

Author of the books Guide to the Perfect Latin American Idiot and The Return of The Idiot, Álvaro Vargas Llosa is a well-know figure in Latin American economics and politics. An individual investor and member of The Washington Post Writers Group, Vargas Llosa is recognized by his critical view of statism and political dirigisme. At the Liberty Summit (Fórum da Liberdade), which was held in Porto Alegre, in a panel about the future of Brazil and lessons from other countries, Vargas Llosa remarked that the South American country has very good advantages compared to others...