PrincessContest_Ziegler.sized

The legislative elections and the principal-agent problem

Venezuela is supposed to hold legislative elections this year … emphasis on the word “supposed.” As Quico explained, the government has all the incentives not to hold the elections. The government is deeply unpopular, and no amount of tinkering with the results could hide the shellacking they’re looking to receive. There is another reason why large scale fraud…

secuestro

A kidnapper speaks

I found this video by Fusion fascinating. The outstanding part for me is how the young thug views this like any other job: he simply wants respect, he wants to move up in the ranks, and he is highly committed to his trade. It’s just that his trade … involves inflicting unspeakable violence on people.…

Chuo primaries

MUD Primaries Are Just The Beginning

Last week MUD Secretary General Jesus Torrealba announced that opposition primaries for the National Assembly elections will be held on May 3rd. A scant few hours earlier Ledezma had been snatched by SEBIN. The timing of Torrealba’s announcement made some opposition supporters furious: people went cuckoo denouncing how insulting it was to be talking about primaries when…