Ration Card Now
Estimado Nicolás, No te preocupes, no te voy a ladillar más con la cantaleta de siempre: que si que hay que unificar el tipo de cambio, que si...
The Dizzying Highs and Terrifying Lows of Living Off Somebody Else's Oil
My first post for FiveThirtyEight.com is up on their site now. Behold: It’s easy to lose sight of just how central Venezuela’s oil largesse has been to the...
Your Christmas Turd, courtesy of Diosdado Cabello and TSJ
While you were busy making hallacas – or, more realistically, standing in line for ingredients to make hallacas – Diosdado Cabello just laid the most enormous turd under the...
Trolling the Kremlinologists?
On any normal day, Diosdado Cabello penning a lie-filled Op-Ed for The New York Times about Venezuela’s human rights record would have been the big story. But today was...
The Intelligence Blunder of the Decade
Cuba and the U.S. spent a year and a half secretly negotiating the normalization in their diplomatic relations through a Canadian back-channel. A year. And a half. Still,...
The Precise Instant Everything Went to Hell
It’s a luxury, really: not that many countries are able to pinpoint the exact moment when the wheels came off their economic institutions and macro-chaos became inevitable. We can....
Chaos and the Left
There’s a certain tendency among conservatives to see the macroeconomic chaos Venezuela is experiencing as the inevitable result of radical leftist government. But this must be one of the...
Moron Risk
It’s hard to pick out which is the more munificent of the money quotes in Katia Porzecanski’s Bloomberg piece about Wall Street investment banker types mobbing the Manhattan law...
Against Crime Fatalism
Think there’s nothing politicians can do to clamp down on crime in Latin America? Think again.
Venezuela isn't Germany in 1938, it's Germany in 1921
On September 1st this year, Bs.87 would buy you $1 in Cúcuta. Today, those same 87 bolos will buy you 50 cents. That’s a 100% rise in the...
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