The conventional wisdom about Venezuela’s plight is largely mistaken. Only when Venezuelans recognize the real causes of their woes will they be able to make progress in overcoming them.
In the summer of 1997, I was asked by a leading Japanese newspaper what I thought was the most important thing that had happened in the twentieth century. I found…
Is liberal democracy the only suitable type of government for a strong, modern society? A quarter-century ago, the answer seemed to be a clear yes. But today the picture is much cloudier.
