This article appeared online at TheNewAmerican.com on Wednesday, January 10, 2018:
When an obscure college professor nearing retirement age suggests that the only way to “solve” the Venezuelan “crisis” is through military intervention, few people would pay any attention. But when that person, Ricardo Hausmann, is a professor at Harvard and a director of the John F. Kennedy School of Government there, his proposal represents much more than just wishful thinking.
Hausmann, with a Ph.D. in economics from Cornell University, is a bona fide Keynesian interventionist. Considering that Hausmann was a former minister of planning in Venezuela and a member of the board of directors of the Central Bank of Venezuela in the early 1990s, one can rest assured that free market principles aren’t being considered as any part of his solution to Venezuela’s problems.
Under socialism, things have gotten so bad in Venezuela that Hausmann now thinks military intervention is the only cure. His plan, “D Day Venezuela,”