Liberty Review América Latina

Finance, Growth, and Institutions in Latin America: What are the Links?


Using a panel of 16 countries during the 1961-2010 period, we find that financial development has a positive significant effect on economic growth in the long run for high-income countries but a negative significant effect for low-income countries. Read the rest of this entry »

Filed under: Economía

Crises and Crashes: Argentina 1825-2002


The objective of this paper is twofold. First, it identifies and categorizes the currency crises suffered by Argentina from 1825 to 2002. Second, it looks for regularities in the behavior of key macroeconomic variables in the neighborhood of crises by means of graphic analysis, non-parametric and econometric techniques Read the rest of this entry »

Filed under: Economía, Historia

La Autonomía y Dos de sus Patologías Más Recurrentes

IDEAS Y VALORES 62 (2013): 153-170

Este trabajo explora el concepto moral kantiano de autonomía a partir de su entorno conceptual, resaltando las diferencias y similitudes con los conceptos de independencia personal y autenticidad.  Read the rest of this entry »

Filed under: Filosofía

Crecimiento Económico y Transición Demográfica: Un Modelo y el Caso Colombiano de los Siglos XIX y XX


En este artículo se presenta la adaptación y el uso de un modelo de Lucas (2002) de crecimiento económico, transición demográfica y acumulación de capital humano, Read the rest of this entry »

Filed under: Ciencia Política, Economía

América Latina Archive

Recent Posts: Liberty Review

Sir James Steuart on the Origins of Commercial Nations

JOSÉ M. MENUDO JOURNAL OF THE HISTORY OF ECONOMIC THOUGHT, Volume 40, Issue 4 Abstract: This paper examines James Steuart’s explanation of the emergence of commercial nations. Unlike other Scottish thinkers of the time, Steuart argues that artifice is necessary for the rise of commercial societies. He uses the term “artificial” to refer to a […]

Legitimacy as Public Willing: Kant on Freedom and the Law

JAKOB HUBER RATIO JURIS, Volume 32, Issue 1, Page 102-116, March 2019. Introduction: Governments affect their citizens’ lives in significant ways and often against their will. They require them to pay taxes, fight wars, keep agreements, and much more. In short, they claim the right to change the normative situation of their subjects in many […]

Thoughts on a Thinker-Based Approach to Freedom Of Speech

ERIC BARENDT LAW AND PHILOSOPHY Abstract: While agreeing with Seana Shiffrin that any free speech theory must depend on assumptions about our need for free thinking, I am sceptical about her claim that her thinker-based approach provides the best explanation for freedom of speech. Her argument has some similarities with Mill’s argument from truth and […]

Regressive effects of regulation

DIANA W. THOMAS PUBLIC CHOICE Abstract: Regulation of health and safety has placed an unacknowledged burden on low-income households and workers. Billions of dollars are spent every year on regulations that seek to reduce life-threatening risks that arise from auto travel, air travel, air and water pollution, food, drugs and construction; the list goes on. Today, […]

Takings of Land by Self-Interested Governments: Economic Analysis of Eminent Domain

HANS-BERND SCHÄFER, RAM SINGH THE JOURNAL OF LAW AND ECONOMICS, Volume 61, No. 3 Abstract: In this paper, we model and examine the effects of two salient features of eminent-domain law and its use. First, the compensation is less than full. Second, the government is not a perfect agent of society. Once these features are taken […]

Ludwig von Mises on war and the economy

CHRISTOPHER J. COYNE THE REVIEW OF AUSTRIAN ECONOMICS Abstract: In 1919, in the wake of the Central Power’s defeat in World War I, Ludwig von Mises published his second book, Nation, State, and Economy. The book explores the consequences of war and the type of political and economic arrangements likely to generate a lasting peace in the […]

The efficiency of regulatory arbitrage

VLAD TARKO, ANDREW FARRANT PUBLIC CHOICE Abstract: Classic public choice skepticism about the regulatory state, based on theories of rent-seeking, rent extraction and regulatory capture, is based on the unrealistic, and usually unstated, assumption of a monopolist regulator. In practice, the regulatory state is polycentric, involving numerous quasi-independent agencies with overlapping responsibilities. This has led to […]

The physiological basis of psychological disgust and moral judgments

TRACY, J.L., STECKLER, C.M., & HELTZEL, G. JOURNAL OF PERSONALITY AND SOCIAL PSYCHOLOGY Abstract: To address ongoing debates about whether feelings of disgust are causally related to moral judgments, we pharmacologically inhibited spontaneous disgust responses to moral infractions and examined effects on moral thinking. Findings demonstrated, first, that the antiemetic ginger (Zingiber officinale), known to inhibit […]

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