The Instituto Henry George de Managua soldiers on, despite various difficulties and setbacks, such as increasing recessionary pressures in Nicaragua, a very heavy rainy season which made transportation unreliable, and frequent power outages. The 36th course in its Comprender la Economía program began with 81 students; the proud graduates are pictured below. Continue reading
Tag Archives: Managua
Nicaragua’s Economy is Near Collapse
by Paul Martin
If the Nicaraguan government continues on its present course, the Instituto Henry George predicts that Nicaragua will soon experience a major economic crisis, which will manifest itself as a total paralysis of the economy in almost all sectors (transportation, commerce, government, etc.), rationing of basic utility services and essential products, and violent social protest. Continue reading
A Visit to Managua
by Lindy Davies
The most vivid impression I took away from Managua is that it is a place where things don’t work. There doesn’t seem to be any malice in it; people seem quite cheerfully to be going about their many-hindered tasks. And while there is plenty of blame to go around, there doesn’t seem to be any obvious villain; even the new “socialist lite” Sandinista government seems to be trying its best and is, after all, a heck of a lot better than what they could have, but — things in Managua just don’t seem to work. Continue reading