On Defending The Soviet Union

Contrary to what some might try to take from my post on the longterm failure of the Soviet economy, I am not an anti-Soviet ideologue. I loathe lies about its achievements and the blanket condemnations directed its way by moralistic poseurs every bit as much or more than I detest reality-challenged attempts to paint it […]

North Korea, Poster Child For HBD Theory

In a response to a race denier on this blog, who argued for the primacy of culture and political economic systems, Lazy Glossophiliac wrote: In regards to North Korea: how’s that Sudanese nuclear weapons program coming along? Any 100-story hotels put up with the help of local engineering talent? Come to think of it, did […]

The Soviet Economy – Charting Failure

Many Communists, leftists, and even patriots (I’m sorry to say) have a pronounced tendency to make out the Soviet economy as not quite the resounding failure it really was – or even to paint it as a success story that was only brought down by perestroika and liberal reforms. The above chart – based on […]

A Short History of Venezuela, c.1800-1950

Caracas, Venezuela. January 2019: I have just reread an essay I wrote – a short history of Venezuela from c.1800-1950 – for an economic development class during my Berkeley days. It’s not entirely irrelevant given current events, so I am posting it for perusal. The beginning of Venezuela’s integration into the world economy can be dated […]