Liberty Review América Latina

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


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


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

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


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


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


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

“A Dictionary We Do Not Want”: Defining America against Noah Webster, 1783-1810

TIM CASADY THE WILLIAM AND MARY QUARTERLY 71.2 (2014): 229-254 In this excellent essay reviewing the early reception of Noah Webster’s efforts to provide a dictionary of American English, the author has overturned a longstanding myth that Webster was always the celebrated champion of an early American identity that sought not only political but cultural […]

More on Recent Evidence on the Effects of Minimum Wages in the United States

DAVID NEUMARK, J.M IAN SALAS, WILLIAM WASCHER NBER WORKING PAPER No. 20619 (October 2014) Abstract: A central issue in estimating the employment effects of minimum wages is the appropriate comparison group for states (or other regions) that adopt or increase the minimum wage. In recent research, Dube et al. (2010) and Allegretto et al. (2011) argue […]

Mark Twain and Economy

HENRY B. WONHAM AMERICAN LITERARY REALISM 47.1 (2014): 1-3 The entire Fall issue of American Literary Realism is about Mark Twain’s Economy. An excerpt from the introduction to that volume argues that, “the essays collected in this special issue of ALR encourage us to reassess Mark Twain’s purported economic naivete.

The Poet, the Skeptic, his Witches, and their Queen: Political Theology and Poetic Charms in Sidney’s Defence

ETHAN GUAGLIARDO ENGLISH LITERARY HISTORY 81.3 (2014): 733-756 Abstract: This article puts the Defence of Poesy’s critique of poetic prophecy alongside the efforts of contemporary Protestants like Reginald Scot to disenchant the idols and thereby undermine certain aspects of Tudor political theology. The political theology of sovereignty thrived on the belief that witches, charms, and idols […]

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.

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