Tag Archives: Shortages

My Kingdom for a Cake

Long-time friend of the blog Emiliana Duarte contributed this little ditty just before Tuesday’s announcement. I hope you don’t find it’s too soon: we need a change of pace around here.  This is a post about cake, and how I … Continue reading

Posted in Politics, The Economy | Tagged | 50 Comments

Asthma Attack Chronicles

Probably the most distress-inducing thing I’ve read about Venezuela in the last few months is stuck away between parenthesis in this MUD press release: Venezuela is now experiencing a shortage of bronchodilators – the key ingredient in inhalers for managing sudden … Continue reading

Posted in Politics | Tagged | 35 Comments

Explaining Shortages

Spend a semester in an introductory economics course and the link between price controls and scarcity becomes perfectly clear to you. Thing is, 99% of the population won’t spend a semester studying economics. So…¿cómo se hace? Maybe like this… or … Continue reading

Posted in The Economy | Tagged , | 20 Comments