Daniel Lacalle

Daniel Lacalle has a PhD in Economics and is author of Escape from the Central Bank TrapLife In The Financial Markets and The Energy World Is Flat.

Recent blog posts by this author

Let Us Eradicate Poverty, Not Demolish Wealth

By the time you finish reading this article, some 600 people from all over the world will have escaped poverty. In 1990, 35% of the world population lived in extreme poverty. Today, that figure has fallen to 10.7%, according to the...

Venezuela's Default Disaster

Socialism always promises heaven and gives hell. In the early hours of Thursday, November 2, the Maduro regime certified its latest failure with what they promised would never happen: technical default. With his usual arrogance, Maduro...