Acton Institute Powerblog Archives

Post Tagged 'venezuela'

Authoritarianism ruined Venezuela

People line up to buy basic products at a Dia Dia supermarket in Caracas. Reuters/Jorge Silva Venezuela, though filled with exotic beaches and many natural resources, has the most miserable economy in the world thanks to high inflation and unemployment. Continue Reading...

The Pope’s Economic Populism. It’s a Problem.

Pope Francis in Bolivia | VINCENZO PINTO/AFP/Getty Acton’s Director of Research, Samuel Gregg, recently wrote a piece for The Stream about Pope Francis and his visit throughout Latin America. This part of the world is dominated by “leftist-populist governments.” Latin governments often combines left-wing politics with populist themes. Continue Reading...

Socialism, Venezuela And The Art Of The Queue

According to Daniel Pardo, citizens of Venezuela have figured out the fine art of queuing (that’s “waiting in line” for Americans.) It’s a good thing, too, since things like milk, sugar, soap, toilet paper and other essentials are always in short supply in this socialist country. Continue Reading...

Catholic Bishops In Venezuela Take The Government To Task

Rioting in Caracas, 2014 In a country rife with economic and social ills, Venezuela’s Catholic bishops issued a strongly-worded critique of the government during their annual conference this week. According to The Wall Street Journal: The church has long preached reconciliation in the bitterly polarized nation. Continue Reading...

Risk, Uncertainty, and Rule of Law

When we think of rule of law failure, countries like Zimbabwe and Somalia come to mind. But as Acton Research Director Samuel Gregg points out in his latest piece over at Public Discourse, rule of law can also be subtly eroded in wealthy countries. Continue Reading...