Writing in The American Conservative, Cato Institute senior fellow Doug Bandow takes aim at the dangerous idea that an American military intervention in Venezuela would somehow help the country prosper. He writes (abridged): War is the ultimate human calamity. Despite the fevered hopes and utopian promises of its advocates, loosing the dogs of war almost […]

Coffee has been grown in Venezuela since the late 1800s, but today a minimum-wage employee in Venezuela can afford only 5 cups of coffee a month on their wages, with nothing left over. The trouble with Venezuelan socialism, just like all attempts at socialism, is that it misallocates resources. Now, after years of a fictional […]

In Venezuela, reports The Wall Street Journal, the socialist Maduro government is using the threat of food ration curtailment to force citizens to vote for the regime. Ryan Dube, Kejal Vyas and Anatoly Kurmanaev write: A 32-year-old teacher, she’s fed up with President Nicolás Maduro’s government. Her salary has fallen to the equivalent of $2 a month […]