Author name: Nelson Jorge Mosco Castellano

How the abandonment of the gold standard enabled the expansion of the state and transformed Uruguay’s economic incentives. – Institutional discipline and the limits of monetary power – Inflation as an implicit tax – The shift toward a rent-seeking economy The reversal in the flow of capital The abandonment of the gold standard and the […]

How state capture of agro-export rents transformed a private capital accumulation economy into a political system sustained by consuming productive wealth. The Collapse of Uruguay’s Extractive State How state capture of agro-export rents transformed a private capital accumulation economy into a political system sustained by consuming productive wealth. Did the state build the nation, or

How early twentieth-century Uruguay allowed immigrants to prosper through economic freedom, property rights and individual initiative. – Uruguay’s liberal environment and immigrant opportunity – Individual merit as the engine of progress – State expansion and the rising cost of entrepreneurship The “Uruguayan Model” of Immigration: A Real Example of Hayek and Rand At the beginning

Hayek and Ayn Rand warned that permanent subsidies can transform democracy into a system of political privilege and economic dependence. – Subsidies and the expansion of political power– Hayek and the transformation of democracy into interest group politics– Ayn Rand and the concept of the “aristocracy of pull” SOCIAL JUSTICE: DISCRIMINATION WITH MALICE All subsidies

Public debt and political redistribution of capital are creating a structural transfer of resources that compromises the economic freedom and productive capacity of future generations. – The illusion of financing the present through debt – The economic decapitalization of future generations – The moral and political conflict of the welfare state The current structure of

From ZEDE territorial experiments to the digital Network State model, a liberal proposal challenging the state monopoly over land, Free Spaces from Statist Burdens These spaces place those who promote and vote for so-called “free trade” agreements in an uncomfortable position. Within their own countries, they maintain franchised zones free from heavy taxation where investment,

Cospaia, Moresnet and Liberland as examples of spontaneous order versus fiscal monopolies. Cospaia is one of the most fascinating “accidents” in history. It was a small strip of land in Italy that became an independent republic for nearly 400 years (1441–1826) simply due to a cartographic mistake. The fortunate error occurred when Pope Eugene IV

A historical and strategic assessment of tariffs and managed trade under the EU-Mercosur framework. The word tariff comes from the Arabic rancel, referring to a tax or decree imposed by authority upon subjects. Tariffs, as taxes on imports, have existed for millennia. Precursors can be traced back to ancient Mesopotamia in the second millennium BC,