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...
Economy
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...
Fruto Vivas and the Farruco doctrine
Well-known Venezuelan architect Fruto Vivas (seen in the photo) has been in the news lately: one of his most famous works, the former Venezuelan pavillion of the Expo...
Sanity 1, Samán 0
Earlier this month, butchers across the land went on strike, fed up with both constant harassment by INDEPABIS and price controls that force them to sell at a loss....
Singin' the carpeta blues
(A personal experience with SICAD, from a loyal reader who wishes to remain anonymous) The company I work for imports technology services for primary economic activities. The products...
Thinking about deadweight loss
This post from the UC Berkeley Energy Institute got me thinking that we’re not grasping the fullness of Venezuela’s crazy gasoline subsidy. The post is about Indonesia, and...
Samanic Possession
It’s nice to see we’re not the only ones enthralled by Eduardo Samán, the old/new Consumer Protection Agency head who’s quickly become a favorite hate figure for the...
The Petrostate, Visualized
This is just the coolest visualization tool ever. Venezuelan Exports in 1995 Venezuelan Exports in 2010: (These static images don’t really do the visualization-platform justice, you have to...
Baby steps toward freedom?
This is huge. Apparently, if you’re a person (not a company) and you buy currency through the new SICAD dollar auctions, you can buy as many dollars as...
Even the rectal sovereignty is imported...
To stop the “imperialist plan” to deprive us from toilet paper and making our lives (even more) miserable, the State has joined forces with a major corporation del...
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