What Venezuela Needs for a Prosperous Future

by David Gordon

Rafael Acevedo is a distinguished Venezuelan economist, now in part-time residence at Texas Tech University, who is deeply concerned about the future of his native country. Socialism has brought Venezuela to rack and ruin, and if the country is to recover, a move to the free market is essential.

Many have said the same thing, but Acevedo has done much more than bemoan his country’s fate and point to the obvious remedy. He is the head of a think tank called Econintech, and he and his collaborators have proposed detailed plans for the reconstruction of Venezuela from its present state of wreckage.

In Prosperity & Liberty, Acevedo has gathered together a number of these plans, as well as essays by eminent scholars who tell Venezuela’s sad tale and compare the situation of that country with what has taken place elsewhere.

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