Tag: Venezuela
How to prepare yourself for hyperinflation: tips from the Venezuelan experience
December 8, 2022 | Post
While true hyperinflation does not happen often, it’s always good to know the measures you could take to overcome the challenges presented by hyperinflation if ever it occurs in your country (and the chances are never quite zero.)
Lessons from Venezuela, as Told by a Venezuelan
August 8, 2016 | Post
Editor’s note: This piece was originally posted by Freedom Partners on July 31st, 2016. Minor edits were made to improve clarity. What does socialism look like in the real world? Cronyism. Inequality. Poverty. Despair. Human suffering on an immense scale. That’s the answer that Freedom Partners member — and Venezuela native — Erick Brimen gives in the video below. […]
The Consequences of Ignoring Economics in Public Policy
July 12, 2016 | Post
Why does economic education matter? Look no further than the ongoing crisis in Venezuela, where the Washington Post is reporting that food shortages are so bad that people are attacking food trucks when they make deliveries. It all started when Hugo Chavez and his successor, Nicolas Maduro, tried to formulate public policy while ignoring economics. […]
Venezuela, Socialism, and The Unlearned Lessons of Political Economy
June 15, 2016 | Post
The news from Venezuela just keeps getting worse: runaway inflation, rolling electricity blackouts, shortages of even the most basic goods, people dying in hospitals waiting for care that just doesn’t ever arrive. The world looks on, appalled at the spreading miseries, and asks: “Why is this happening?” And, “What can be done about it?” These […]
When government fails — Venezuela edition
October 21, 2015 | Post
The following blog post by Abigail Hall appeared on the Independent Institute’s blog on September 3rd, 2015. Below is an excerpt. Some people look at the conditions in Venezuela and point to oil prices as the source of many of its problems. The Venezuelan government, led by President Nicolás Maduro, blames opposition leaders for the […]
V for Venezuela
October 20, 2015 | Post
Venezuela’s condition continues to deteriorate, with opposition leaders imprisoned and elections allegedly rigged, the situation looks like it will not change anytime soon. This brings up the question, when are societies justified to rise up in a violent manner against government? Check out this short Learn Liberty video and let us know what you think […]