In Defense of Speculation
Like "neoliberalism", speculation is a concept people feel comfortable decrying before they’ve quite understood it. Used by government and opposition alike as a term of abuse, the whole...
Chabuki watch, #2
Chavista svengali José Vicente Rangel puts on quite a performance: "The government has not stopped and will not stop trying to establish a dialogue with the opposition on the...
Chabuki watch #1
With the election season upon us, Hugo Chávez is going to try to convince voters that he is not the fire-breathing socialist leviathan that we’ve come to know,...
Up is down, down is up
An anonymous reader points out an interesting paradox. Instead of rehashing it, I’ll just reproduce her point verbatim: "I know you’ve already gone on at great length about...
The Other Mander
To the list of unfair practices that could conspire to keep a chavista minority in the country as a chavista majority in the National Assembly, add this one:...
Expropriating my dead grandmother (Updated)
My grandmother died much too soon, in 1991. We buried her in Jardines La Chinita, Maracaibo’s largest private cemetery. She was resting in peace, until today. Chavista mayor...
Laying the groundwork?
Fellow blogger Setty (do yourselves a favor and check out his blog if you still haven’t) has an interesting theory about the government’s recent announcement that Citgo is going...
Moises Naím, Devalued Oracle
The Bible warns that much will be asked of those to whom much has been given. Moises Naím’s interview in El Nacional yesterday (much too enthusiastically translated into...
Dropping the Exchange Market Baton
Within the last 24 hours, the government has both a-formally outlawed the dollar swap market and b-missed its deadline for agreeing a mechanism to replace it. They’ve pretty...
Thinking through the Policy Tradeoffs
Inflation, recession, shortages. Chavismo has steered the country into a macroeconomic impasse where any decision they can make will result in some combination of the three. Fight inflation...
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