Default, But Not As You Know It
First it was Air Europa. Then Iberia, Lufthansa, Air France, Avianca (Colombia), Tame (Ecuador), Air Canada, Aerolíneas Argentinas, TAP (Portugal), COPA (Panama), American and United. One after the...
Politics
Peace sells... but who's buying?
The word “peace” is in the air… more or less. Last weekend, the government did a series of events under the theme “Peace and Life”. It was pretty...
It was the cheapest of times, it was the most expensive of times...
In Time Magazine, Girish Gupta gets a rare chance to expose Distortioland in all its contradictory glory. Venezuela [is] simultaneously one of the most expensive and one of...
Ban the poison
After an eleven-year course on currency exchange controls, it’s time to take our final exam boys and girls. The test has a single question: what have we learnt...
Chavismo's political agency problem
Turn on the TV, and it strikes you in the face – the stratospheric stupidity of the people in charge in Venezuela. Whether it’s Nicolás Maduro talking about...
A Vast Criminal Sub-Culture
Smitten as I am with the economics profession, I do realize it has its limitations. Some topics demand a sociologist’s mindset to really appreciate. I’m thinking Crime. Take...
Will the real Plan de la Patria please stand up?
In the last two years, the document known as Plan de la Patria (Plan for the Fatherland) has become frequently used in Venezuelan politics, even if it’s quite...
Meeting Chomsky, by @miguelsantos12
(A guest post by economist Miguel Ángel Santos – follow him on Twitter) The first time I heard of Noam Chomsky was in the early nineties. During my...
Graphs galore!
Twitter is just chock-full’a graphs today. Here’s one from Asdrúbal Oliveros on Venezuela’s car production. Vamos sobre ruedas!These two are from my partners-in-crime at ODH. The first is...
Chart of the Day
Crisis? What crisis?
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