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Venezuela's old troubles

Reader comment on item: Venezuela's Tyranny of Bad Ideas

Submitted by Gabriel Nivasch (United States), Aug 28, 2018 at 07:27

Very interesting article.

You write: "Starting around 1958, government interference in the economy, including price and exchange controls, higher taxes, and restrictions on property rights, led to decades of stagnation."

Could you please elaborate on those restrictions on property rights? And do you have a reference for this topic of how government interference caused the economic stagnation in Venezuela?


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Daniel Pipes replies:

I found this article informative: http://www.independent.org/pdf/tir/tir_12_04_2_faria.pdf

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