Economists as detectives
While I was in Caracas, I spoke to economist Asdrúbal Oliveros about what it’s like to be an economist in a country with, essentially, no economy to speak...
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Worse than Wrong: Meaningless
Capping off a horrifically depressing news day, Henrique Capriles gave a “major speech” on economic policy today that barely merited the name. Capriles portrayed himself as presenting a short-term...
Maria Corina Machado barred by the Comptroller-General's office
Maria Corina Machado received today this paper from the Comptroller-General’s office, informing her that she’s declared ineligible to hold any public post for the next twelve months, therefore...
¡Sal de Ese Cuerpo, Pablo Medina!
Some very strange things are happening to Venezuelan political discourse. These days, our radical right-wingers sound more or less exactly like…Pablo Medina! Check out Freddy Guevara’s line on...
First they came for Cuba. Then they came for Iran.
Little by little, Venezuela’s supposed “allies” are acting against her interests by reaching agreements with the “imperialist” powers of the West. On the heels of Cuba’s rapprochement with...
Our Obama-bashing, dollar-loving Patent Office
Have a careful read at the “subtitles” under the Obama speech here: I’m going to go ahead and guess our favorite spokesman Jim Luers wrote that speech. The...
The Taking of Cota Nine-Zero-Five
The Cota 905 area in western Caracas is a “peace zone” no more. Authorities launched a large-scale operation earlier today, including lots of National Police agents, National Guard soldiers...
The thing about having a really crazy economic policy framework
Economists love to go on and on about “relative price distortions” – one of those inexplicable pieces of jargon that normal people just can’t make sense of. In...
F-Rod and Hausmann at it again
The weekend negotiations between Greece and her creditors was quite the spectacle. One of the many lessons we can draw from it is that it’s really hard to...
Inside Out
I recently saw “Inside Out” [If you haven’t seen it, GO NOW!]. The film made me realize that we always talk about the economic crisis, but we rarely talk...
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