Two elections held at the weekend provide an interesting angle on how democracies respond to crisis. The first, in the Czech Republic, the second, over in Colombia.
Colombia
Colombian cyclists carving up the world circuit
A bicycle race in Bogota, Colombia, can involve charging through a crime-ridden slum, swerving down potholed streets to avoid drunken men and being chased by dogs. It’s not quite the Tour de France, but…
High-risk investments turn bad in Colombia
The natural desire to help people who may have lost their life savings needs to be balanced against the fact of moral hazard: that by decreasing the cost of foolishness, you will increase its supply, writes Charles Richardson.
