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Libertad y desempeño económico
[Freedom and economic performance]

Author

Listed:
  • 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
    as

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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
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    6. Hans Gersbach, 2004. "Competition of Politicians for Incentive Contracts and Elections," Public Choice, Springer, vol. 121(1), pages 157-177, October.
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    8. Iconio Garrì, 2010. "Political short-termism: a possible explanation," Public Choice, Springer, vol. 145(1), pages 197-211, October.
    9. Ricardo Hausmann & Lant Pritchett & Dani Rodrik, 2005. "Growth Accelerations," Journal of Economic Growth, Springer, vol. 10(4), pages 303-329, December.
    10. Ron Shachar, 1993. "Forgetfulness And The Political Cycle," Economics and Politics, Wiley Blackwell, vol. 5(1), pages 15-25, March.
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    12. Berggren, Niclas, 2003. "The Benefits of Economic Freedom: A Survey," Ratio Working Papers 4, The Ratio Institute.
    13. Murphy, Kevin M & Shleifer, Andrei & Vishny, Robert W, 1989. "Industrialization and the Big Push," Journal of Political Economy, University of Chicago Press, vol. 97(5), pages 1003-1026, October.
    14. Steven G. Medema, 2007. "The Hesitant Hand: Mill, Sidgwick, and the Evolution of the Theory of Market Failure," History of Political Economy, Duke University Press, vol. 39(3), pages 331-358, Fall.
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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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