Liberty Review América Latina

Mano invisible, cláusulas lockeanas y justicia privada: Emergencia y justificación del Estado en Anarquía, Estado y Utopía

REVISTA DE CIENCIA POLÍTICA 35.2 (2015): 409-426

Abstract: El presente trabajo analiza el argumento ofrecido por Nozick en favor de la licitud del Estado. Se sostendrá que, bien entendido, este argumento hace frente a dos dificultades diferentes: una descriptiva (el surgimiento inocuo e inintencionado del Estado) y otra de iure (la legitimidad del Estado). La primera es resuelta por Nozick a través de una explicación de mano invisible, la segunda por medio del denominado principio de compensación. Contrariamente a lo que suele creer, se intentará demostrar que el principio de compensación es compatible con la filosofía política de Locke y, por tanto, con el liberalismo de inspiración lockeana.

Filed under: Filosofía

The Roots of Brazil’s Heavy Taxation


Abstract: Latin America is widely known as a low-tax region, but Brazil defies that description with a tax burden almost double the regional average. Though longstanding, Brazil’s position atop the tax burden ranking is not a historical constant. As recently as the early 1950s three other countries, Argentina, Chile and Uruguay, had similar or even heavier burdens. However, by the early 1980s Brazil had emerged as the most heavily taxed country in Latin America, and subsequent decades reinforced that status. This article seeks to uncover the roots of Brazil’s heavy taxation by examining the process through which it rose to the top of the regional ranking and managed to stay there. It emphasises two variables, the social class bases of public sector growth and the degree of support for democracy among key political actors. Despite changing over time, these variables have consistently interacted in ways that favour rising taxation.

Filed under: Ciencia Política, Economía

Classical Liberalism in Guatemala

ECON JOURNAL WATCH 12.3 (2015): 460-478

Abstract: We give an account of classical liberalism in Guatemala, its successes, failures, and main figures. Classical liberalism is a young tradition in the country and relatively small. The three most important organizations are Universidad Francisco Marroquín, the Center for Economic and Social Studies (CEES), and the Center for National Economic Research (CIEN). The most important individual for liberalism in Guatemala has been Manuel Ayau, who passed away in 2010.

Filed under: Ciencia Política, Economía, Historia, Sociedad

Venezuela: Without Liberals, There Is No Liberalism

ECON JOURNAL WATCH 12.3 (2015): 375-399

Abstract: The Venezuelan economy evolved from a growth miracle (1920–1957) to a growth disaster (1960 to the present). This paper describes the institutional collapse behind this reversal of fortunes. To cast light on Venezuela’s U-turn we provide a brief historical account, and we discuss the role played by educational organizations, the media and culture, and political and entrepreneurial elites in the destruction of liberal institutions. We also describe the most prominent liberal reactions to the pervasive institutional decay endured by the country. Finally, a major lesson emerges from this case study: illiberal mindsets coupled with the absence of leadership bring dire consequences for the people’s standard of living.

Filed under: Ciencia Política, Economía, Historia, Sociedad

The Stock Exchange, the State and Economic Development in Mexico, 1932-1976


Abstract: In this article I examine the history of the Mexican Stock Exchange from the end of the Revolution until 1975, under the hypothesis that it did not carry out its pertinent functions in corporate financing but was rather an economic and political instrument of the government. Due to state intervention and the deficient definition of property rights, its functioning was completely anomalous except during this period. The article represents a first step in the study of the role of the stock exchange in Latin American corporatist economic models.

Filed under: Ciencia Política, Economía

Por Qué es Antidemocrática la Secesión

REVISTA DE FILOSOFÍA 40.1 (2015): 157-180

Abstract: Trataré de demostrar que la secesión es intrínsecamente antidemocrática. retomaremos los argumentos secesionistas: de aquellos que parten de una idea (errada) de autogobierno y de quienes lo hacen desde el liberalismo. Luego opondremos objeciones a ambos: defendiendo el valor de la igualdad; desmontando reivindicaciones instrumentales de homogeneidad interna; retomando las objeciones ya clásicas de Buchanan; y, finalmente, recomponiendo, con Habermas y Pogge, un concepto de autogobierno del cual derivaremos que no es legítimo trazar más fronteras y que la democracia demandaría eliminarlas, si fuera posible.

Filed under: Filosofía

América Latina Archive

Recent Posts: Liberty Review

Culture, Politics, and Economic Development

PAUL COLLIER ANNUAL REVIEW OF POLITICAL SCIENCE Abstract: For a generation, political science has been dominated by the analysis of interests within the framework of rational choice. Although this has enabled major advances, it struggles to provide a plausible analysis of many instances of sociopolitical dysfunction. This article reviews recent innovations in economics, psychology, and economic […]

Quality of government and regional competition: A spatial analysis of subnational regions in the European Union

ANTONIO BUBBICO, JOHAN A. ELKINK, MARTIN OKOLIKJ EUROPEAN JOURNAL OF POLITICAL RESEARCH Abstract: Building on previous work on competition networks and governmental performance among British local governments, this article investigates the diffusion of government quality across subnational regions of Europe through strategic interaction with neighbouring regions or competitor regions more generally. The article demonstrates the presence […]

The market process of capitalization: a laboratory experiment on the effectiveness of private information

EDUARD BRAUN, WIEBKE ROß JOURNAL OF EVOLUTIONARY ECONOMICS Abstract: The notion of present value is an integral part of economics. So far, however, its rationale rests upon the well-known neoclassical assumptions of complete information and perfect rationality. The present value derives as the result of a calculation that requires the knowledge of the discount rate and […]

Do liberal ties pacify? A study of the Cod Wars

SVERRIR STEINSSON COOPERATION AND CONFLICT Abstract: The Cod Wars, three militarized interstate disputes between the UK and Iceland (1958–1961, 1972–1973, 1975–1976), have often been presented as an egregious exception to the liberal peace. There are, however, few comprehensive analyses of the liberal dimensions of the Cod Wars. This paper comprehensively analyses the ways in which […]

A city of trades: Spanish and Italian immigrants in late-nineteenth-century Buenos Aires, Argentina

LETICIA ARROYO ABAD, BLANCA SÁNCHEZ-ALONSO CLIOMETRICA Abstract: The city of Buenos Aires in the 1890s is an extreme case in immigration history since the native workers accounted for less than one-third of the labour force. In this paper, we look at the labour market performance of Argentineans vis-à-vis the largest two immigrant groups, Italians and the […]

Adam Smith’s Philosophy of Science: Economics as Moral Imagination

MATTHIAS P. HÜHN JOURNAL OF BUSINESS ETHICS Abstract: The paper takes a fresh look at two essays that Adam Smith wrote at the very beginning of his career. In these essays, Smith explains his philosophy of science, which is social constructivist. A social constructivist reading of Smith strengthens the scholarly consensus that The Wealth of Nations […]

Economic Freedom in the Early 21st Century: Government Ideology Still Matters

KAI JÄGER KYKLOS, Volume 70, Issue 2 Abstract: Empirical studies show that government ideology has hardly influenced welfare expenditures since the 1990s, casting doubt on the general ability of national governments to design economic policies according to their programmatic appeals. This study takes a comprehensive view on policy-making by using a modified version of the Fraser […]

Human capital, knowledge and economic development: evidence from the British Industrial Revolution, 1750–1930

B. ZORINA KHAN CLIOMETRICA Abstract: Endogenous growth models raise fundamental questions about the nature of human creativity, and the sorts of resources, skills, and knowledge inputs that shift the frontier of technology and production possibilities. Many argue that the experience of early British industrialization supports the thesis that economic advances depend on specialized scientific training, the […]

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