Liberty Review América Latina

El Crédito y la Libertad Bancaria en un Régimen de Reserva Fraccionaria

ALEJANDRO N. SALA
REVISTA DE INSTITUCIONES, IDEAS Y MERCADOS 60 (2014): 5-31

En relación al régimen crediticio, en la Escuela Austríaca de Economía hay dos grandes posturas: la que defiende un encaje o Reserva total, del cien por ciento, y la que prefiere un encaje o reserva fraccionaria. Read the rest of this entry »

Filed under: Economía

The Political Economy of Policy Volatility in Latin America

DAVID DOYLE
LATIN AMERICAN POLITICS AND SOCIETY (2014). ADVANCED ONLINE PUBLICATION DOI: 10.1111/j.1548-2456.2014.00246.x

Abstract: Why are some Latin American states plagued by persistent policy volatility while the policies of others remain relatively stable? This article explores the political economy of natural resource rents and policy volatility across Latin America. Read the rest of this entry »

Filed under: Ciencia Política, Economía

Sentimiento Moral y Razón: La Noción de Justicia en Adam Smith y Amartya Sen

AUGUSTO ALEÁN PICO
CUADERNOS DE ECONOMÍA 33.63 (2014): 359-379

Amartya Sen plantea que su noción de justicia tiene como antecedente el pensamiento de Adam Smith. Sen usa de una manera particular los conceptos de la simpatía y del espectador imparcial para elaborar su noción de justicia. Más allá de la afirmación de Sen, estamos interesados en indagar si la noción de justicia de Smith es compatible con la que propone Sen. El principal hallazgo es que hay diferencias significativas entre las teorías y, por tanto, no son compatibles. Smith enfatizó la importancia del juicio moral basado en el sentimiento. Por el contrario, Amartya Sen enfatiza la necesidad de utilizar la razón y el debate público como elementos claves de una teoría de la justicia.

Filed under: Economía, Filosofía

Libertad y Orden en la Filosofía Política Kantiana. Acerca de los Límites del Uso Público de la Razón en El Conflicto de las Facultades

ILEANA BEADE
ISEGORÍA. REVISTA DE FILOSOFÍA MORAL Y POLÍTICA 50 (2014): 371-392

En este trabajo proponemos examinar una doble exigencia formulada por Kant en El Conflicto de las Facultades –a saber, la exigencia de libertad y la exigencia del orden–, a fin de señalar la premisa básica subyacente a dicha exigencia, esto es:  la idea de que el orden público constituye la condición fundamental para la preservación del estado civil, entendido como el único estado en el que los hombres pueden ejercer plenamente su derecho innato a la libertad. Read the rest of this entry »

Filed under: Filosofía, Teoría Política, Uncategorized

The Effect of Coca and FDI on the Level of Corruption in Bolivia

ANTONIO BOJANIC
LATIN AMERICAN ECONOMIC REVIEW 23.11 (2014)

This paper estimates the impact that FDI inflows and the price of coca leaves have on the level of corruption in Bolivia. The findings reveal that a less controlled, more permissive market for coca leaves actually reduces the level of corruption in the country, supporting the hypothesis that the way to a less corrupt Bolivia is by lowering government intervention into this controversial market.

Filed under: Ciencia Política, Derecho, Economía

The Distributive Politics of Enforcement

ALISHA C. HOLLAND
AMERICAN JOURNAL OF POLITICAL SCIENCE (MAY 2014) DOI: 10.1111/ajps.12125

Abstract: Why do some politicians tolerate the violation of the law? In contexts where the poor are the primary violators of property laws, I argue that the answer lies in the electoral costs of enforcement: Enforcement can decrease support from poor voters even while it generates support among nonpoor voters. Read the rest of this entry »

Filed under: Ciencia Política

América Latina Archive

Recent Posts: Liberty Review

Trade, Foreign Direct Investment, and Immigration Policy Making in the United States

MARGARET E. PETERS INTERNATIONAL ORGANIZATION 68.4 (2014): 811-844 This article argues that immigration policy formation in the United States after 1950 can only be understood in the context of the increasing integration of world markets.

Oil Wealth, Colonial Legacies, and the Challenges of Economic Liberalization

NIMAH MAZAHERI POLITICAL RESEARCH QUARTERLY 67.4 (2014): 769-782 Abstract: This article examines the relationship between oil wealth and the adoption of economic liberalization, specifically financial and investment reforms. It argues that volatility in the international oil market renders oil-producing countries less likely to adopt financial and investment liberalization.

Böhm-Bawerk’s Approach to Entreprenuership

MATTHEW McCAFFREY, JOSEPH SALERNO JOURNAL OF THE HISTORY OF ECONOMIC THOUGHT 36.4 (2014): 435-454 Abstract: This paper explores the neglected theory of entrepreneurial profit proposed by Eugen von Böhm-Bawerk. Although historians of thought often dismiss Böhm-Bawerk’s writings on this topic, we argue that he did develop a coherent theory of entrepreneurial decision making and profit […]

James M. Buchanan, Chicago, and Post-War Public Finance

MARIANNE JOHNSON JOURNAL OF THE HISTORY OF ECONOMIC THOUGHT 36.4 (2014): 479-497 Abstract: This paper examines James Buchanan’s earliest writings within the context of post-WWII public finance theory and his education at Chicago. Public choice scholars have long recognized their ties to Chicago, but few have examined Chicago’s role in serving as the primordial soup […]

Recent Posts: Liberty Review Books

Free: Why Science Hasn’t Disproved Free Will. Alfred R. Mele. Oxford University Press. 2014

Does free will exist? The question has fueled heated debates spanning from philosophy to psychology and religion. The answer has major implications, and the stakes are high. To put it in the simple terms that have come to dominate these debates, if we are free to make our own decisions, we are accountable for what […]

Leo Strauss: Man of Peace. Robert Howse. Cambridge University Press. 2014.

Leo Strauss is known to many people as a thinker of the right, who inspired hawkish views on national security and perhaps even advocated war without limits. Moving beyond gossip and innuendo about Strauss’s followers and the Bush administration, this book provides the first comprehensive analysis of Strauss’s writings on political violence, considering also what […]

The End of Socialism. James Otteson. Cambridge University Press. 2014

Is socialism morally superior to other systems of political economy, even if it faces practical difficulties? In The End of Socialism, James R. Otteson explores socialism as a system of political economy – that is, from the perspectives of both moral philosophy and economic theory.

About Liberty Review

Liberty Review summaries are selected by Liberty Fund Fellows on the basis both of their own research interests and of their relevance for Liberty Fund's mission: to contribute to the preservation and development of individual liberty through research and educational activities.

Print Issues

Liberty Matters

Our Books

Liberty Fund, Inc.

Liberty Fund, Inc. is a private, educational foundation established to encourage the study of the ideal of a society of free and responsible individuals. The Foundation develops, supervises, and finances its own educational activities.