What must we do to end world poverty? At last, an answer, by William Easterly

¿Por qué nacen los bancos centrales?, de Ángel Martín

Half a good man is better than none at all, Some women defend polygamy

Death bonds: 1, 2, 3, 4

Capitalism after the crisis, by Luigi Zingales

La desigualdad y la crisis


Artículo en Libertad Digital.



Unequal Beauty Silence, by Robin Hanson

Beware Concept Intuitions, by Robin Hanson

See the world like Elinor Ostrom, by Will Wilkinson

Political Dispositions, by Arnold Kling

La casta política



Freakonomics on prostitution

Freakonomics on climate change

¿Expolio foral? de Roberto Centeno

Gripe A y conspiranoia

Partisan Politics—A Fool’s Game for the Masses, by Robert Higgs



Knowledge and boom and bust asymmetry

A housing boom, any kind of boom, is attended by an increase in certainty. Information is stimulus, confusion is contraction. A bust occurs when the market is unsure of everything, when market participants perceive better risk-adjusted return in holding government securities (or supply-inelastic commodities) than in financing real investment. Sectoral shifts per se have no clear implication with respect to variables like employment and output. But “hangovers” do happen, because powerful booms are periods when market participants make consequential decisions with great swagger and confidence, and busts are when we learn that despite their certainty, they were wrong. They are left not only impoverished and burdened by debt, but bereft of confidence in their ability to evaluate new opportunities. The best way to avoid the hangover is not to err so terribly in the first place. Easier said than done, perhaps, but that’s no reason to cop out. We can build a better financial system, one in which degrees of certainty are attached and removed from economic propositions dexterously, rather than clinging like giddy leeches until a collapse.

Fresh Kidneys for Sale, by Ronald Bailey

What Is Regulation? by David Boaz

The ideas of the Austrian school are necessary (though I would argue not sufficient) to doing Good Economics, by Peter Boettke

Williamson and the Austrians, by Peter G. Klein



What happened to global warming?

…this cooling will be temporary, before the overwhelming force of man-made global warming reasserts itself.

So the force of man-made global warming is overwhelming… but not just now. A curious use of “overwhelming”.

La imparable burbuja de deuda, Roberto Centeno

Is green U.S. mass transit a big myth?

Paul Krugman, the uneducated American

Recopilación de opiniones liberales sobre los Nobel de Economía, Ostrom y Williamson, por Albert Esplugas



The Fed’s Dilemma by Philipp Bagus

Brothers in Marx, Down with capitalists, nations, bosses, families, etc. About Michael Hardt and Antonio Negri: because old idiots never die.

La maldición de los recursos naturales de Moisés Naím

Prefer Law To Values by Robin Hanson

La constitución como contrato y los grados de consentimiento