The crowded bandwagon (cont)

Note: Long-time reader Dago takes the Torres/Monaldi/Morales/Rodríguez proposal for handing out oil rents to citizens and then taxing them, and frames it in an interesting, approachable way. He also talks about the likely amount we’re dealing with here, and he ends with practical implementation issues, and how to (easily) overcome them. I found it thought-provoking.…

The turn-off

Recently, opposition candidate Henrique Capriles responded to chavista suggestions that he would do away with Chávez’s landmark social programs, the Misiones. In a videotaped reply, Capriles doubled down, promising to improve the Misiones. His response was wrong on many levels. What did Capriles say?

Kimi Kash

So, this may not be the part of this last week I will remember the most, but it is the one bit of becoming a parent in Québec that I can hang a Caracas Chronicles post on. After Kimi was born, a seemingly never ending stream of doctors and nurses went through our room with…

Who will be the Steve Jobs of the CCT?

So I had a fun back-and-forth with P. Challenger in comments about what it might take to end Venezuela’s insane – I really don’t think there’s another word for it – gasoline subsidy. For Challenger, any move to dismantle this well-loved (but, again, crazy) bit of social policy would be extremely risky in the absence…

Worst. Social policy. Ever!

Imagine a candidate who went to the country with this message: Compatriotas! When I am president, I will finally spread the oil wealth fairly. What I’ll do is, I’ll split the country up into four income brackets. To each of the richest 25% of households, I’m going to send a check for Bs.11,000 once a…