Civil unrest in Venezuela has dominated headlines over the last few weeks. The Venezuelan people are protesting against the continued autocratic rule of President Nicolas Maduro. Following his sham re-election last May, during which he prevented leading opposition parties from fairly competing, most Western governments have refused to recognise Maduro’s legitimacy. But as Maduro ignores these protests […]
Venezuela is a tragic reminder of why property rights matter Strong property rights give people incentives to invest, innovate and produce
