Venezuela

January 20, 2020

Why Venezuelans Might Launder (In a Washing Machine) Their Dollars

The U.S. dollar is a handy backup when a country’s currency loses its value. After Zimbabwe’s hyperinflation hit its peak (or its nadir) in 2009, they […]

April 19, 2019

What Misery Indexes Say About Baseball and the World

Whether ranking baseball team fans or a country's unemployment and inflation rates, misery indexes can tell us about people's happiness.

March 11, 2014

Venezuela Has Cheap Gas But No Cars

At the official exchange rate, Venezuelans pay 5 cents a gallon for premium gasoline while the real price is closer to one half penny a gallon. The […]