For more than ten years, Caracas Chronicles (CaracasChronicles.com) has distilled Hugo Chávez?s Venezuela for English-speaking readers, providing both context and a home for lively discussion. This compilation by its editors, Toro and Nagel, brings together their best work. As the Chávez era enters a new phase, the authors look back on a decade of unprecedented upheavals from a sharply critical stance, surveying the evolution of both chavismo and the opposition, the disintegration of Venezuela's public sphere, the political economy of the petrostate, and its impact on everyday life in the South American nation. Francisco Toro founded Caracas Chronicles in September, 2002. Born and raised in Caracas, he studied at Reed College (Portland, Oregon) and the London School of Economics. A political scientist by training, his journalistic work has appeared in the Washington Post, the New York Times, Foreign Policy, the International Herald Tribune, The New Republic, and the Financial Times, among others. He's currently a consultant based in Montreal, where he lives with his wife and daughter. Juan Cristobal Nagel has co-edited Caracas Chronicles since 2004, and edited the present volume. Born and raised in Maracaibo, he graduated from Caracas' Universidad Católica, and then went to the University of Michigan for graduate work in Economics. His work on Venezuela has appeared in Foreign Policy, Americas Quarterly, Prodavinci, and El Mercurio of Chile, among others. He is currently Professor of Economics at the Universidad de los Andes in Santiago, Chile, where he lives with his wife and their three daughters. He divides his time between Chile and Venezuela.