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We suggest that we push our thinking about the production process from the perspective of a Lachmannian capital theory to consider those kinds of goods that are not typically thought of as capital goods, but perhaps should be. We have in mind intellectual infrastructures, which on our account...
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Spanish Abstract: Douglass North nunca tuvo miedo a cambiar de opinión. Y es precisamente la curiosidad inquisitiva que sobresale en la personalidad de North. Pero ¿por qué – el lector podría preguntar – deberíamos hablar de una tesis que no es controvertida? Me explico: la capacidad de...
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Why is surrogacy enforceable in some of the US jurisdictions and not in others? In what way does the enforcement of surrogate motherhood contracts effect the number of exchanges between intended parents and surrogate mothers? Throughout the last two decades of the twentieth century, public...
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I outline the development of economic and political thought in Mexico, with an emphasis on the fortunes of liberalism. Since its independence in 1821 Mexico struggled to establish background conditions — a national identity, a stable polity, a broad cultural allegiance to liberal principles,...
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Entrepreneurs do more than just buy low and sell high; they sometimes also change our institutions, including our categories of thought. New institutional economics has been examining incentives that drive individuals to bring about market-supporting institutional arrangements. There is,...
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