The roadmap, part II: welcome to the world
(This is the second in a series of posts on where Venezuela stands on the list of characteristics shared by high-growth economies, as highlighted in The Growth Report;...
Juan Cristobal Nagel
Teaches Economics at Universidad de los Andes in Santiago, Chile. Former editor of Caracas Chronicles.
Death at a maternity
Once in a while, the bizarro-meter in Venezuela reaches such elevated heights, you have to catch your breath. Case in point: this short Globovisión news item on the...
Socialism vs. workers
More bad news for the government: union bosses are sick of business as usual. This story by Ana Díaz quotes several left-wing union heads dissing the government. The...
The Maduro corruption tax = 60%
An excellent article from El Nacional on the high cost of building power plants in Venezuela. Because the government has basically sworn off procurement auctions, and instead resorts...
Requiem for a tool
Today the Central Bank of Venezuela saw a changing of the guard. Out went recently-named president Edmee Betancourt – a protege of the radical wing of the economists...
The empty piggy-bank
Business Insider cites a report by BofA economist (and amigo de la casa) Francisco Rodríguez, explaining how the dramatic drop in Venezuela’s foreign reserves is caused almost exclusively by...
The roadmap
I’m currently reading “The Quest for Prosperity,” a terrific book by the former Chief Economist of the World Bank, Justin Yifu Lin. It’s a highly-recommendable read for those...
The Mardo mistake
Primero Justicia congressman Richard Mardo was stripped of his parliamentary immunity yesterday. In a 97-68 vote (that’s 59-41 in percentage terms, in case you’re wondering) the chavista majority...
Caracas goes California
Longtime Caracas residents probably know that Arabicá Café, in Los Palos Grandes, has pretty much the best coffee in town. But did you know that the good folks...
The non-scandal
Today we “celebrate” the 60th anniversary of the assault on the Cuartel Moncada, which marked the beginning of the Cuban Revolution. Maduro is in Cuba, alongside Evo, Daniel...
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