Jose Nino is a Venezuelan-American graduate student based in Fort Collins, Colorado. He has lived in Chile, Venezuela, and the United States. He is currently an analyst with the Acton Circle of Chile. Contact: twitter or email him here.
Global EconomyWorld HistoryPolitical Theory
Recent defeats for left-wing governments in Latin America are a good thing, but the region has a long way to go in embracing free markets.
Many of Venezuela's woes stem from the Venezuelan state's reliance on price controls to enact its socialist goals. Famine has resulted.