The Basic Economics of Venezuela's Decline: Interview with a Time Witness

Content
There are a few simple economic laws that reliably explain and predict social phenomena across time and place in human history, from ancient Rome to 21-century Venezuela:

• Print too much money, and all prices will rise.
• Force prices below market equilibrium, and breadlines and black markets appear.
• Eliminate property rights, and investment and production evaporate.

The path of Venezuela is a textbook example of these laws in action. Interviewed by an economics instructor, a Venezuelan emigrant shares his firsthand insights into the decline, offering a ground-level perspective on hyperinflation, scarcity, and institutional breakdown.

Format
A 45-minute interview, preceded by a 15-min introduction and explanations of key economic concepts from the interviewer. A Q&A session will follow.

Requirements
This event is free of charge, but attendees must arrive by 6:00 PM and order a drink, and understand that once the event has begun, latecomers will not be admitted.