In this week’s column, Jorge Jraissati studies the relationship between the COVID-19 crisis and the consumer price index in Spain. Jorge has been hearing anecdotes about price increases in Spain, which contradicts the macroeconomic indicators of the country.
Los venezolanos se encuentran en una situación de desespero, frustración, indefensión (inducida a veces) y de resiliencia en el sentido negativo de la palabra que se traduce en un desencanto total, falta de confianza y rechazo a sus "representantes" (tanto usurpadores como pretendidos) Por un lado, se desinfla la dinámica del Interinato que inició con un gran apoyo y expectat
Student Leader and Civil Rights Activist, Piotr Markiełaŭ, Sentenced to 15 Days of Prison in Belarus
It is with a heavy heart that Students For Liberty informs you that our student leader and civil rights activist, Piotr Markiełaŭ, has been once again arrested and jailed by the Belarusian authorities.
In the middle of the biggest economic collapse of any nation in modern times, Venezuela is experiencing a fundamental, and perhaps irreversible, change within its economic system. Since 2019, Venezuela has been driving full throttle towards an economic phenomenon, which I refer to as implicit dollarization.
Since Chile became a democracy in 1989, this South American country has been the most successful economy in its region, by far. A region constantly overwhelmed by social unrest, political turmoil, and staggering levels of income inequality and extreme poverty.
Pope Francis has manifested on numerous occasions his anti-capitalist vision of the world. In his latest encyclical, entitled Fratelli Tutti, Francis argues that the COVID-19 crisis exposed inherent problems of the free market system.
On Tuesday, Maduro proposed new legislation that encompasses the privatization of the oil industry, the possibility of returning expropriated companies to their original owners, and the free trade of strategy goods, such as fuel.
“Do you see these men with their eyes closed and heads tilted?” My uncle asked my brother and I.
The main constraint for growth in Venezuela is not related to market failures nor any purely economic issue, but to the political institutions of the country. As a result, Venezuela exemplifies that the economic issues of most nations are a result of their bad governance.