cascos de guayaba

Sobremesa chronicles

In the last few days, a document has been circulating. In it, sixty well-known Venezuelan economists (most of whom I appreciate and admire) make a list of urgent measures Nicolás Maduro has to undertake. You know what’s missing from it? The pressing need … to privatize. Oops. Did I say that out loud? In Venezuela, it…

Dolares-y-bolivares

Maduro’s stealth devaluation

It’s easy to be dispirited by Maduro’s address last night. The three-hour rant was only occasionally peppered with substantive announcements, and none of them were clear enough to really know where the government is headed. But even if we take the most optimistic of views about the substance of what he said – and this note…

David-Smolansky

The humble mayor

“The street gives you strength. It pressures the other guy.” As he says this, David Smolansky is looking at me as if I’m an idiot. I’ve just asked him why he thinks “the street” is so important. Haven’t we been out in the streets for the better part of fifteen years now? What have we…

henry falcon

The appeasers

Venezuela’s economic crisis is showing no signs of abating, and people are increasingly frustrated – and rightly so. In lieu of this, the opposition umbrella group, the MUD, has called for street protests this Saturday. That people should take to the streets demanding some sort of solution should be a gimme. No government should be…