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Politics

A house divided

Venezuela’s opposition revealed today a recording of a conversation between influential Chavista broadcaster Mario Silva and (presumably) a member of Cuba’s intelligence. In the recording, Silva is overheard...

Juan Cristobal Nagel May 20, 2013

Politics

Capriles announces high drama (Updated)

A cryptic Henrique Capriles took to social media last night to tell us of a dramatic announcement, which should be coming today at 11:30 AM Venezuela time. I...

Juan Cristobal Nagel May 20, 2013

Politics

Today's moment of zen

Happy weekend, everyone. HT: Élides Rojas.

Juan Cristobal Nagel May 17, 2013

Economy

Scarcity was much cooler under Chávez

During the last presidential campaign, I took to highlighting the differences between a Chavez-led race and a Chávez –less one. For the sake of consistency, indulge me while...

emiduarte May 17, 2013

Life

AVN foils Google's evil plan (Updated)

Venezuelan State news agency AVN is apparently angry. But why? Is it because of the toilet paper shortage? Or perhaps because of recent events of violence in Cojedes...

Gustavo Hernández A. May 16, 2013

Life

How do you eat a barrel of oil?

I ask ’cause if the dire predictions come true, that’s what we’re gonna have to do. In the Transitions blog, I wonder if we’re on the road to...

Juan Cristobal Nagel May 16, 2013

Economy

The victim of my rant of the day: the Associated Press

Clever use of puns aside (“Venezuela hopes to wipe out toilet paper shortage by importing 50m rolls,” chuckle chuckle), I have a small beef to raise about this...

Juan Cristobal Nagel May 16, 2013

Economy

Micro-managing the downfall

Economists sometimes use the term “bounded rationality” to explain the impossibility managers have in understanding reality in all its complexity. Basically, bounded rationality says that managers and economic...

Juan Cristobal Nagel May 15, 2013

Politics

Remember SICAD? Remember THIS guy?

You don’t? Don’t feel bad: nobody does. After a single dollar auction back on March 24th, the new parallel-to-CADIVI system for distributing dollars whimpered off into the oblivion...

Francisco Toro May 15, 2013

Politics

My literal take on "Escasez"

I’ve been experiencing my own personal shortage of words to write as of late, so what better way to make lemonade out of lemons (or arepas out of...

emiduarte May 15, 2013

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