Nobel Prize Douglass North´s ideas have developed for a long time, since the beginning of the seventies to the end of the nineties. As his historical analysis developed, North became convinced of the positive relationship between economic growth and liberties. This paper tries to demonstrate...

The most important models from regulation economic theory are critically reviewed in this paper. It is shown that the results presented by these models are reciprocally inconsistent and lack decisive empirical support, and that regulator´s autonomy from interest groups as well as the...