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...But there was controversy over the renaming of the museum the Pérez Art Museum Miami (it was previously called the Miami Art Museum), following property developer Jorge Pérez’s pledge of $35m in art and...
...Nobody has described the mixed blessings of commodity wealth more pithily than Juan Pablo Pérez Alfonzo, Venezuela’s oil minister in the 1960s and one of the founders of Opec....
...Venezuelan politician Pérez Alfonzo once said that oil’s effect on development should see it labelled the “devil’s excrement”. This counts double for economic rents in general....
...Since then, Pérez Alfonzo’s insight has been rigorously tested – and confirmed – by economists and political scientists....
...More than a decade after founding the Organisation of the Petroleum Exporting Countries, Juan Pablo Perez Alfonzo fell out of love with oil....
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