The Failure in Venezuela

Walter Bagehot, 19th century economist, political analyst, and editor of The Economist, observed that “it is a question whether the benevolence of mankind does most good or harm.” 

At issue is not a failure of policies. The policies are the cause of the failure.

Advertisements

Media Distortion of Chaos in Venezuela

As Venezuela continues to spiral into dysfunctional violence under the authoritarian leadership of socialist Maduro, Jason Stapleton, host of The Jason Stapleton Program, discusses media distortions of the underlying causes in his daily show.

Purchasing Power Parity per Capita of Uruguay

GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser’s prices is the sum of gross value added by…