Vito Tanzi has done it again. This book combines an intriguing prose, full of anecdotes and rich personal memoirs of Vito's many trips to Argentina, with serious economic analysis from a first class economist. ...Vito has come to understand very well Argentina's idiosyncrasy, institutions and the nature of the protracted fiscal problems, and explains how these have lead over time to major macroeconomic volatility, stagnation, and repeated crises. This book is particularly useful for the general public ... Domingo Cavallo, Former Finance Minister of Argentina Vito Tanzi [book] is an invaluable document ... of the dramatic fall of Argentina as the leading Latin American economy. ...[show] .. the complicity of the IMF and of Argentine policy makers in the design of the disastrous fiscal policies that led to its huge debt default ... It should be required reading for policy makers and for all those who love that wonderful country ... Francisco Gil- Diaz, Former Finance Minister of Mexico Explaining the reversals of economic fortunes in Argentina during the 20th is a challenge for economists and social observers in general. After being one of most dynamic and vibrant economies in the late 19th century and early 20th century, ..., the country started to travel a road of economic instability, stagnant and erratic growth and collapse of democracy. In this new and lucid book Vito Tanzi, drawing on 40 years of direct personal knowledge and field experience with Argentina, ....This book, ... is a must reading for anyone interested in understanding the Argentina of today and yesterday. Highly recommended. Andres Solimano Regional Advisor UN-ECLAC. Former Country Director at the World Bank and Executive Director at the Inter-American Development Bank. Tanzi helps us understand the Argentinean crisis, but also this unique country. This is not a book written only for economists. Francesco Giavazzi, Bocconi University, Milan