The market as a driver of wages: toward overcoming the monetarist fallacy in Venezuela

The Daily Journal – The debate over restoring purchasing power in Venezuela often becomes trapped in a recurring dogma: the premise that any wage increase inevitably leads to an inflationary spiral or the collapse of the productive apparatus. Neoclassical orthodoxy argues that the State or the private sector does not “have the money” to pay […]

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The constitutional clock has run out: Elections or reconstruction?

Neirlay Andrade On July 3, while excavators continued clearing concrete and rescue teams searched the rubble for survivors, 180 days had passed since Venezuela’s Supreme Tribunal of Justice (TSJ) ordered Delcy Rodríguez to assume the Presidency of the Republic “in an acting capacity” following the “abduction” of Nicolás Maduro. The maximum period the Venezuelan Constitution […]

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