Setty writes about recent price hikes that, he argues, are getting little attention: “The Caracas Metro is tripling its fares, from 0.50 bolivars to 1 bolivar in June and 1.50 in December. Meanwhile, a friend who takes language classes at a Bolivarian University, President Hugo Chavez’s new public university system, tells me that the university abruptly announced it would start charging tuition. Retroactively.”