Gabriel Calzada, the executive president of Guatemala’s Universidad Francisco Marroquín talks with Reason’s Nick Gillespie about trade restrictions and the role of higher education.
President Trump’s move to raise “barriers to people, to goods, to services,” says Gabriel Calzada Alvarez, executive president of Guatemala’s Universidad Francisco Marroquín (UFM), “is a danger not just for Central America [but] for the U.S. and for the world.”
The great irony, Calzada says, is that the U.S. has benefited immensely from free trade and immigration and “now wants to raise barriers.”
Calzada sat down with Reason’s Nick Gillespie at Freedom Fest 2017 to talk about the impact of trade restrictions on Latin America, the changing role of higher education, and how students are bringing capitalism to the region.
UFM, a private, secular university in Guatemala City, teaches free market economics and emphasizes the importance of intellectual debate on campus. Read the rest of this entry »
Rich Lowry writes: Venezuela is a woeful reminder that no country is so rich that it can’t be driven into the ground by revolutionary socialism.
People are now literally starving — about three-quarters of the population lost weight last year — in what once was the fourth-richest country in the world on a per-capita basis. A country that has more oil reserves than Saudi Arabia is suffering shortages of basic supplies. Venezuela now totters on the brink of bankruptcy and civil war, in the national catastrophe known as the Bolivarian Revolution.
The phrase is the coinage of the late Venezuelan strongman Hugo Chavez, succeeded by the current Venezuelan strongman Nicolas Maduro. The Western Hemisphere’s answer to Recep Tayyip Erdogan of Turkey, Maduro has instituted an ongoing self-coup to make his country a one-party state.
The Chavistas have worked from the typical Communist playbook of romanticizing the masses while immiserating them. Runaway spending, price controls, nationalization of companies, corruption and the end of the rule of law — it’s been a master class in how to destroy an economy.
The result is a sharp, yearslong recession, runaway inflation and unsustainable debt. The suffering of ordinary people is staggering, while the thieves and killers who are Chavista officials have made off with hundreds of billions of dollars. At this rate — The Economist calls the country’s economic decline “the steepest in modern Latin American history” — there will be nothing left to steal.
Any government in a democratic country that failed this spectacularly would have been relegated to the dustbin of history long ago. Maduro is getting around this problem by ending Venezuela’s democracy.
The Chávistas slipped up a year or two by allowing real elections for the country’s National Assembly, which were swept by the opposition. They then undertook a war against the assembly, stripping it of its powers and culminating in a rigged vote this week to elect a constituent assembly to rewrite the constitution. The opposition boycotted the vote, and outside observers estimate less than 20 percent of the electorate participated. Read the rest of this entry »
To fight state media censorship in Venezuela, journalists are using cardboard television screens to present news reports on city busses. “El Bus TV” is aimed at providing news to people who lack access to the internet or social media.
— David Burge (@iowahawkblog) January 26, 2017