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Venezuela's Crisis: What's Oil Got to Do with It?

Global EconomySocialismCapital and Interest Theory

Blog12/17/2018Carmen Elena Dorobăț

Oil prices did not cause the Venezuelan crisis. Nor can oil now be its cure.

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Venezuela on the Brink

Socialism

08/05/2017Audio/VideoLuis B. CiroccoRafael AcevedoJeff Deist

Jeff Deist and guests Luis Cirocco and Rafael Acevedo discuss how quickly Venezuela is unraveling.

Venezuela’s Bizarrely Complex System of Exchange Rates

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Venezuela's Bizarre System of Exchange Rates

Global EconomyMoney and BanksMoney and Banking

01/07/2016Mises WireEmiliana DisilvestroDavid Howden

Many people know that the Venezuelan economy is subject to byzantine price controls and other regulations. But on top of it all is a highly complex, bureaucratic, and damaging system of government-controlled monetary exchange rates.

When the Communists Abolished the Weekend

Ryan McMaken

By abolishing the weekend, the Soviets were in one move able to strike a blow against both families and religious institutions. All that was left was the state — and state-mandated labor.

My Path to the Austrian School of Economics

Hans-Hermann Hoppe

There is no more stopping the Mises School. And when the truth finally wins out, because only what is true can also work smoothly in the long run, then the hour of the Austrian School of Economics will have come.

How California's Government Plans to Make Wildfires Even Worse

Ryan McMaken

The State of California is now forcing insurance companies to cover homeowners who put their houses in some of the most fire-prone areas. What could go wrong?

We Don't Need Sunday "Blue Laws"

Ryan McMaken

Advocates for "blue laws" want to impose more laws on shopkeepers. These moral crusaders should instead start by setting a good example, and stop watching football games, ordering pizzas, or filling up on gas on Sunday.

The Benefits of Free Trade Are Canceled Out by Domestic Interventionism

Carmen Elena Dorobăț

Trade agreements have thus become obsolete tokens of negotiation in larger geopolitical disputes, protectionist tools for managing and interfering with global trade flows.