He has single-handedly introduced hundreds of Venezuelan students to the ideas of Mises and Hayek – Interview by Federico N. Fernández *

I met Daniel Lahoud in Rosario (Argentina) in 2008. He had submitted a very interesting paper to the International Conference I organize every two years – “The Austrian School of Economics in the 21st Century.” From then on he had participated in every Austrian Conference with the exception of 2014. That year the economic situation in Venezuela was so awful that he could not make it. Unfortunately, it is not that things have improved since but both in 2016 and 2018 the Red Liberal de América Latina (Relial) has granted him a scholarship to attend the conference.

Dr. Lahoud was born in 1959 in Venezuela and he has a Lebanese background on his father’s side. He posses an economic degree, a Masters in Economics and History, and a Doctorate of History. He is currently taking a second Doctorate in Economics. He has worked as an economist at the Central Bank and in the private sector. He was also an entrepreneur.

Since 1988 he has been a professor at the Universidad Católica Andrés Bello Catholic University (UCAB), and starting in 2008 at the Universidad Central de Venezuela (UCV).

Recently on Twitter Dr. Lahoud posted a very beautiful picture of himself and his Austrian Economics students. That picture originated the interview that follows. It is a small token of appreciation to a heroic scholar who is promoting the ideas of the Austrian School of Economics in one of the harshest environments. And he is doing it both effectively and courageously.

Federico N. Fernández – How did you start with your Austrian Economics Program in Caracas?

Daniel Lahoud – Today in Venezuela there is not much work for an economist like me, who is devoted to the financial sector and to be an advisor to companies. So I spend a lot of my time teaching at the University and doing research for classes. I have always been a professor of finance and slowly I have ventured into economic history and the history of economic thought.

Since 2008 with the deepening of the socialist model in Venezuela, I decided to offer and Introduction to the Austrian School of Economicsas an elective subject both at the Universidad Católica Andrés Bello (UCAB) and at the Universidad Central de Venezuela (UCV).

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