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We consider a simple political-economic model where capitalist investment is constrained by the government's temptation to expropriate. Political liberalization can relax this constraint, increasing the government's revenue, but also increasing the ruler's political risks. We analyze the ruler's...
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1. Introduction -- 2. The Catholic Religion and the Ethics of Capitalism -- 3. A Theory of Deregulation -- 4. Liberal … the Austrian School and liberalism in Spain in the past 30 years -- 9. Huerta de Soto and the State -- 10. Economic … Socialism -- 14. Individualism and Ortega y Gasset -- 15. Classical liberalism vs. Anarchocapitalism -- 16. The Case Against …
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