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Jorge Jraissati

Jorge Jraissati is the Director of Alumni of Students For Liberty, an NGO with over 2,800 freedom activists in 117 countries. His work is focused on establishing alumni initiatives aimed at advancing liberal democracy and economic development. Jorge is also an economist and a researcher at IESE Business School.

A pile of dollars and euros

Why America’s Inflation Is Worse Than Europe’s, and What To Do about It

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While the United States and EU inflation rates are similar, America's inflation is fundamentally different. It is less painful in the short run but more difficult to manage in the long. To curb inflation—and especially inflation expectations—FED Chairman Jerome Powell must act, and quickly.
Expensive gas prices

Greed Doesn’t Drive Inflation, Monetary Policy Does

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Inflation is on the rise in the United States. With it, there are politicians now arguing that "greedy businessmen" are to blame for it. This is not only a misleading notion but also a dangerous one, as it could end up leading to policies as destructive as the ones implemented in countries like Venezuela.

A Tale of Two Countries: How Norway Embraces Markets While Venezuela Does Not

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When people quickly compare the Norwegian and Venezuelan economies, they tend to see the one trait they have in common: a big public sector. However, when we study these countries in depth, it becomes evident that the two follow opposite economic principles. While Norway’s economy is among the freest in the world, Venezuela has become a prime example of what a socialist economy looks like.
COVID

The COVID-19 Crisis Is Strengthening the Venezuelan Regime

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As much as I would like to believe that the COVID-19 crisis will produce a future where evidence-based policies triumph over other forms of governance, the sad reality is that the COVID-19 crisis will leave us in a much more authoritarian Venezuela.
Refinery

Venezuela’s Alleged Economic Recovery: The Truth behind the Misleading Narrative

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Venezuelans are desperate to circumvent the ill-conceived regulations that are harming their nation’s wellbeing. They eagerly await a real economic turnaround—one that will protect the economic freedoms of all Venezuelans. And they know that Venezuela cannot recover without democracy.
Venezuela

Chasing The Roots of the Venezuelan Collapse

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In order to flourish economically, property rights must be secure and the rule of law must exist.

Humanizing the Venezuelan Collapse: Beyond Economic Indicators and Policy Briefs

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As a Venezuelan and an economist, I believe we economists sometimes need to go beyond economic indicators. We need to speak from our hearts about our experiences. Only by doing this can we truly communicate the social implications of an economic collapse of this magnitude. No economic indicator could ever do justice to the depth of the human suffering taking place in Venezuela today. Venezuelans are suffering in ways most people in developed nations could not even imagine.
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