April 2022 Friday’s e-links: The Story of Venezuela’s Decline

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I like to think of them as my e-links:

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Friday’s e-links 4/15

I recommend Things Are Never So Bad That They Can’t Get Worse. Written by a former NY Times reporter, the book is a page turner that describes Venezuela’s catastrophic economy. Through individual stories, we meet people like Marilyn Rangel and see the impact of constant electrical outages. After her grandmother collapses, she goes to a clinic with no medicine and no doctors. Then, for the big picture, we see that Venezuela’s economic collapse is about much more than the devastating impact of socialism. It is a cautionary tale about the danger of charismatic populist leaders. Combining history and economics, the book is an up-to-date tale of a national disaster.