In a sense, Petróleos de Venezuela, S.A. (Venezuela's state-owned oil company) is the Venezuelan economy, and even by state-owned enterprise standards, the company is grossly mismanaged.
Wealthy people often campaign to raise taxes on the non‐wealthy, including efforts to raise sales taxes, carbon taxes, gas taxes, soda taxes, and cigarette taxes.
What does it mean for politicians to follow the science when scientists disagree and the policy outcomes might give us unintended consequences? Jeff Singer comments.
