The choices we make
Quico argues that it was morally wrong to lead the UNASUR economic policy mission to Venezuela. I believe it would have been morally wrong not to do so.
Economy
Good and Bad Reasons to Hate Francisco Rodríguez
No Venezuelan economist comes close to stirring the passions FRod does. We work through the reasons why, teasing out the silly from the serious, and the merely serious from the absolutely unacceptable.
Bakers Must Work with a Cold Metal Rifle to their Heads
There are more chavistas controlling, restricting, overseeing and threatening other people’s productive work than there are chavistas actually working and producing themselves.
The Fondo Chino Death Spiral
Oil-for-loans was supposed to be a win-win proposition. New numbers confirm our fears that it’s turned into a lose-lose nightmare.
The Venezuelan State’s Money Pit
State-owned companies in Venezuela report losses that exceed allocated budgets for health, education, housing and social security. Oh, and we don't know how many state-owned companies there are. Iceberg, meet tip.
We have a Budget! Let's Break it Down.
One more year of revolution, one more annual budget. Where is Maduro getting all his money and how does he plan to spend it? Anabella giddily takes one for the team.
As Venezuela drowns in price controls, Olivares calls for more water
As National Assembly member for PJ José Manuel Olivares calls for new price controls on private health clinics we ask: have we learned nothing? Like, literally, nothing?
How long is it going to take to crawl out of this hole?
Miguel Angel Santos and Douglas Barrios get specific on a question we usually answer in airy generalities.
On DICOM, Chavismo Mágico, and Failed Attempts at Randomness
There's an underpaid intern somewhere in a BCV basement office trying his damnedest to make our exchange rate spread look like a random number. He's failing.
Plumbing the Depths: A Look at Maduro's Finance Ministers
Dumb and Dumber and Dumbest...and Then Even Dumber Still Somehow
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