The expression “the Hair of the Dog” comes to mind when someone tries to understand Ecuador’s current economic affairs. The definition of that coloquial phrase, according to Dictionary.com, is the following: “A morning drink may be the last thing you want after a night of boozing , but that’s exactly what this quirky English expression means. Originally, the expression referred to a method of treating a rabid dog bite; hair from the dog was placed in the wound. So in that sense, having another drink (any drink) is like taking hair from the dog that bit you.” (Where Did the Strange Expression “Hair of the Dog” Come From?, 2020) President Noboa is reaching its 90 th day in Office. However, in this short period of time his administration has faced two main issues. The first it is the security control problems due to the presence of drug cartels and systematic corruption in all layers of the political and judicial systems. The second trouble is the economic situation of the coun
Ecuador’s elections would take place on October 15, 2023. The unlikely run-off between Luisa Gonzalez and Daniel Noboa would define who becomes President for nearly the next 18 months. The Myth of the Rational voter states the following: your vote (a single vote) would not make a difference in the outcome, the voter is more informed of things such as: a TV or media influencer than the political implication of the candidate’s plans for the country. And finally, according to the median voter model the candidates seek to achieve the votes of the people whom didn’t vote for them on the first round. As Bryan Caplan states in his book “The Myth of the Rational Voter”: “Familiarity with politicians’ voting records and policy positions is predictably close to nil even on high profile issues, but amazingly good on fun topics irrelevant to policy. As Delli Carpini and Keeter remark: During the 1992 presidential campaign 89 percent of the public knew that Vice President Quayle was feudi