Friday, March 6, 2015 5:37 pm | By Alexander Hendrie
Earlier this week, Ireland passed long threatened plain packaging legislation to ban branding on tobacco products, becoming the first European country to do so. Unfortunately the policy, which has been implemented in the name of improving “public health” will do no such thing. Already, Australia’s failed plain packaging policy has already proven that the policy increases smoking and does not affect public health. But far more concerning, the policy provides a new source of revenue for criminal organizations.
Venezuela’s Monetary Policy is Hurting the Poor
Wednesday, February 11, 2015 12:02 pm | By Gerardo Núñez
When societies experience inflation in their economy, the main victims are citizens, from poorest to wealthiest. Economic policy that leads to inflation must stop. Even though well-known economists such as John Maynard Keynes and Paul Krugman argue that there are many benefits to public spending policies such as wealth, the experience of countries like Nigeria and Venezuela show very different results.
Venezuela's Resource 'Curse' a Problem of State Control of Property Rights
Wednesday, February 11, 2015 9:31 am | By Gerardo Núñez
The resource curse in Venezuela is not a problem of stock, but a problem of property legislation. Why does Venezuela suffer the resource curse and Norway doesn’t?