Liberty Review América Latina

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

Informality and Development

RAFAEL LA PORTA, ANDREI SHLEIFER
NBER WORKING PAPER No. 20205 (JUNE 2014)

Abstract: We establish five facts about the informal economy in developing countries. First, it is huge, reaching about half of the total in the poorest countries. Second, it has extremely low productivity compared to the formal economy: informal firms are typically small, inefficient, and run by poorly educated entrepreneurs. Read the rest of this entry »

Filed under: Ciencia Política, Derecho, Economía

Taxing with Dictators and Democrats: Regime Effects, Transfers and Revenue in Argentina’s Provinces

MELISSA ZIEGLER ROGERS
JOURNAL OF POLITICS IN LATIN AMERICA 6.1 (2014): 3-44

Abstract: Political institutions strongly influence incentives to tax. In this article, I examine differences across national regimes in provincial taxation in Argentina from 1959–2001 and compare them to sub-national regimes under national democracy. Read the rest of this entry »

Filed under: Ciencia Política, Economía

América Latina Archive

Recent Posts: Liberty Review

Spinning the industrial revolution

JANE HUMPHRIES, BENJAMIN SCHNEIDER THE ECONOMIC HISTORY REVIEW Abstract: The prevailing explanation for why the industrial revolution occurred first in Britain during the last quarter of the eighteenth century is Allen’s ‘high wage economy’ view, which claims that the high cost of labour relative to capital and fuel incentivized innovation and the adoption of new techniques. […]

A culture of rent seeking

SEUNG GINNY CHOI, VIRGIL HENRY STORR PUBLIC CHOICE Abstract: Tullock [J Dev Econ 67(2):455–470, 1967] introduced the concept of rent seeking and highlighted the social costs associated with collecting and lobbying for or against tariffs, investing in human and physical capital to facilitate or protect against theft, and expending resources to establish a monopoly. A large portion […]

Two Rights of Free Speech

ANDREI MARMOR RATIO JURIS Abstract: My main argument in this paper is that the right to freedom of expression is not a single right, complex as it may be, but spans two separate rights that I label the right to speak and the right to hear. Roughly, the right to speak stands for the right of […]

Social contracts for real moral agents: a synthesis of public reason and public choice approaches to constitutional design

KEVIN VALLIER CONSTITUTIONAL POLITICAL ECONOMY Abstract: Citizens in contemporary democratic societies disagree deeply about the nature of the good life, and they disagree just as profoundly about justice. In building a social contract theory for diverse citizens, then, we cannot rely as heavily on the theory of justice as John Rawls did. I contend that Rawlsian […]

Resource rents and populism in resource-dependent economies

ELENA SEGHEZZA, GIOVANNI B. PITTALUGA EUROPEAN JOURNAL OF POLITICAL ECONOMY Abstract: A usual explanation for populism is the existence of bad institutions, with an autocratic regime dispelling opposition by distributing income to the ‘masses’ in the manner of the ‘bread and circuses’ of Imperial Rome. In Bolivia, Ecuador, and Venezuela, populist redistribution occurred in conjunction with […]

The Average Period of Production: The History and Rehabilitation of an Idea

PETER LEWIN & NICOLÁS CACHANOSKY JOURNAL OF THE HISTORY OF ECONOMIC THOUGHT, Volume 40, Issue 1 Abstract: Austrian capital theory tried to capture the intuitive and basically undeniable importance that time plays in economic life, but arguably was diverted down a blind alley with Eugen von Böhm-Bawerk’s average period of production, a purely physical measure of […]

Grotius on Property and the Right of Necessity

DENNIS KLIMCHUK JOURNAL OF THE HISTORY OF PHILOSOPHY Abstract: It is widely held that in situations of peril, it is permissible to use another’s property without her permission if that is the only way to save oneself from serious harm, but that if one damages or consumes that property, one ought to compensate its owner. However, […]

Reapplying behavioral symmetry: public choice and choice architecture

MICHAEL DAVID THOMAS PUBLIC CHOICE Abstract: New justifications for government intervention based on behavioral psychology rely on a behavioral asymmetry between expert policymakers and market participants. Public choice theory applied the behavioral symmetry assumption to policy making in order to illustrate how special interests corrupt the suppositions of benevolence on the part of policy makers. Cognitive […]

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.