Liberty Review América Latina

Is Entrepreneurship a Channel of Social Mobility in Latin America?

FRANCESCA CASTELLANI, EDUARDO LORA
LATIN AMERICAN JOURNAL OF ECONOMICS 51.2 (2014): 179-194

This paper summarizes the findings in this special issue of the Latin American Journal of Economics on entrepreneurship’s role in upward social mobility in Latin America, especially for the middle class, often considered the cradle of entrepreneurship. Read the rest of this entry »

Filed under: Economía

A Proposal of Monetary Reform for Argentina: Flexible Dollarization and Free Banking

NICOLÁS CACHANOSKY, ADRIÁN RAVIER
THE INDEPENDENT INSTITUTE 19.3 (2015): 397-426

Argentina’s economy and monetary institutions are, once again, experiencing a serious crisis. In this article, the authors propose a monetary reform for Argentina that consists of flexible dollarization plus a free banking regime. Read the rest of this entry »

Filed under: Economía

América Latina Archive

Recent Posts: Liberty Review

Reassessing the productivity gains from trade liberalization

JAEBIN AHN, ERA DABLA-NORRIS, ROMAIN DUVAL, BINGJIE HU, LAMIN NJIE REVIEW OF INTERNATIONAL ECONOMICS Abstract: This paper reassesses the impact of trade liberalization on productivity. We build a new, unique database of effective tariff rates at the country‐industry level for a broad range of countries over the past two decades. We then explore both the direct […]

Government extraction and firm size: Local officials’ responses to fiscal distress in China

YU LIU JOURNAL OF COMPARATIVE ECONOMICS Abstract: This paper studies how government extraction behaviors respond to local fiscal distress in China. We exploit the 2002 Chinese Income Tax Reform which exogenously cut local government revenues from income taxes roughly by half. We find that, when facing fiscal distress, local officials resort to informal taxes, such as […]

Plato’s Concept of Liberty in the Laws

YOUNG, C. HISTORY OF POLITICAL THOUGHT Abstract: In this article, I argue that Isaiah Berlin’s distinction between positive and negative concepts of liberty is useful for articulating nuanced aspects of Platonic liberty, but that this terminology has led readers to fail to grasp the full dimensions of Plato’s conception of liberty and the essential virtue that […]

Hands, Not Lands: John Locke, Immigration and the ‘Great Art of Government’

SMITH, B. HISTORY OF POLITICAL THOUGHT Abstract: This paper looks at the transmigration of peoples in Locke’s thought, particularly the migration of foreigners into England. I pay close attention to the ‘great art of government’ passage in the Second Treatise which shows that rather than exhibiting a hard right to exclude aliens, rulers are obligated to […]

A Schumpeterian Model of Top Income Inequality

CHARLES I. JONES, JIHEE KIM JOURNAL OF POLITICAL ECONOMY Abstract: Top income inequality rose sharply in the United States over the last 40 years but increased only slightly in France and Japan. Why? We explore a model in which heterogeneous entrepreneurs, broadly interpreted, exert effort to generate exponential growth in their incomes, which tends to raise […]

Gordon Tullock’s Legacy

PETER BOETTKE AND ROSOLINO CANDELA, RICHARD WAGNER, WILLIAM SHUGHART, AND RANDALL HOLCOMBE THE INDEPENDENT REVIEW 23.2 Abstract: Trained as a lawyer and practiced in the arts of war and diplomacy, Gordon Tullock opened economists’ eyes to new ways of viewing constitutional construction, the challenges of bureaucracy, the nature of government regulations, the problem of rent […]

The Hayek-Friedman hypothesis on the press: is there an association between economic freedom and press freedom?

CHRISTIAN BJØRNSKOV JOURNAL OF INSTITUTIONAL ECONOMICS Abstract: The Hayek–Friedman hypothesis states that economic freedom is causally associated with stable democracy. I test a particular element of the hypothesis focusing on press freedom, which is arguably a necessary component of any democratic polity. Combining the Freedom House index of press freedom and the Heritage Foundation Index of […]

The Birth of Pork: Local Appropriations in America’s First Century

SANFORD C. GORDON and HANNAH K. SIMPSON AMERICAN POLITICAL SCIENCE REVIEW, Volume 112, Issue 3 Abstract: After describing a newly assembled dataset consisting of almost 9,000 local appropriations made by the U.S. Congress between 1789 and 1882, we test competing accounts of the politics surrounding them before offering a more nuanced, historically contingent view of the […]

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.