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Libertad y desempeño económico
[Freedom and economic performance]

Author

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  • Mejía Cubillos, Javier

Abstract

From a broad philosophical framework, this paper addresses the relation between freedom and economic performance. It argues for the thesis that, although a liberal system does not guarantee absolute harmony, is the only "convenient" and morally valid for a modern society. The core of this argument is the acceptance of the permanent uncertainty about the great results of the world and the inability of a central entity to control them.

Suggested Citation

  • Mejía Cubillos, Javier, 2012. "Libertad y desempeño económico [Freedom and economic performance]," MPRA Paper 37939, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:37939
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    File URL: https://mpra.ub.uni-muenchen.de/37939/1/MPRA_paper_37939.pdf
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    References listed on IDEAS

    as
    1. Mas-Colell,Andreu, 1990. "The Theory of General Economic Equilibrium," Cambridge Books, Cambridge University Press, number 9780521388702.
    2. William Easterly & Ross Levine, 2001. "It's Not Factor Accumulation: Stylized Facts and Growth Models," The World Bank Economic Review, World Bank, vol. 15(2), pages 177-17-219.
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    7. Otto Swank & Bauke Visser, 2006. "Do elections lead to informed public decisions?," Public Choice, Springer, vol. 129(3), pages 435-460, December.
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    10. Ron Shachar, 1993. "Forgetfulness And The Political Cycle," Economics and Politics, Wiley Blackwell, vol. 5(1), pages 15-25, March.
    11. William Easterly & Ross Levine, 2002. "It´s Not Factor Accumulation: Stylized Facts and Growth Models," Central Banking, Analysis, and Economic Policies Book Series, in: Norman Loayza & Raimundo Soto & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (Series Editor) (ed.),Economic Growth: Sources, Trends, and Cycles, edition 1, volume 6, chapter 3, pages 061-114, Central Bank of Chile.
    12. Brainerd, Elizabeth, 2010. "Reassessing the Standard of Living in the Soviet Union: An Analysis Using Archival and Anthropometric Data," The Journal of Economic History, Cambridge University Press, vol. 70(1), pages 83-117, March.
    13. Berggren, Niclas, 2003. "The Benefits of Economic Freedom: A Survey," Ratio Working Papers 4, The Ratio Institute.
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    Cited by:

    1. Mejía Cubillos, Javier, 2012. ""Agro, Ingreso Seguro" en perspectiva: Un análisis de políticas públicas ["Agro, Ingreso Seguro" in a public policy analysis perspective]," MPRA Paper 39998, University Library of Munich, Germany.

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    More about this item

    Keywords

    Freedom; Economic Development; Economic Growth; Capitalism;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • B00 - Schools of Economic Thought and Methodology - - General - - - History of Economic Thought, Methodology, and Heterodox Approaches
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • P50 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - General
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • P00 - Political Economy and Comparative Economic Systems - - General - - - General
    • O20 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - General
    • B53 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Austrian

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