A whole LOTTTa trouble
A year ago, Hugo Chávez wrote a little big law that has made it very difficult for companies to do business in Venezuela. Written from his sick bed,...
Economy
It's the economy, Nicolás
Inflation, scarcity, crime, and those damn numbers on people’s arms. I shoot off over at the Transitions blog. My money quote: Taming inflation would require the government to...
Food sovereignty: Still a mere formality
The government has raised the official subsidy paid to domestic rice producers – from 2,50 Bolivars per Kilo to 3,60 Bs. In spite of this, our producers shouldn’t feel...
"There's a storm a-comin'..."
That’s the message from Tom O’Donnell, quoting various sources, including Saudi oil minister al-Naimi. The gist: with increased oil production all over the world, with North Dakota becoming...
Not the brightest bulb
Electricity Minister Jesse Chacón said today that the government would raise electricity rates so that people who use too much electricity begin to pay more. This is a terrible...
CORPOELEC: Once the solution, now the problem
New Electricity Minister Jesse Chacón has tried to differentiate himself from his predecessors during his first days at the job. He even pledged to quit if his new...
The fate of Lácteos Los Andes
More than five years ago, Hugo Chávez announced that the government bought private dairy company Lácteos Los Andes, making it part of his “food sovereignty” plan, along with other...
Double dose of crazy
As many of you, I watched Nicolás Maduro’s speech last night in awe. Not only was it a rambling, incoherent mess; it also made clear what everyone seems...
Apostate chavista document gets a lot right
Spanish journal ABC leaked a fun little chavista document that paints a true portrait of the dire state of the economy. From reading it carefully, I have an...
Will the fiscally responsible candidate please stand up?
A moment of honesty: one of the reasons I’ve found it hard to blog about this election is the disappointment I feel with the Capriles candidacy. Yesterday I...
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