Luis Pablo De La Horra

Luis Pablo is a PhD Candidate in Economics at the University of Valladolid. He has been published by several media outlets, including The American Conservative, CapX and the Foundation for Economic Education, among others.

Recent blog posts by this author

What the Origins of Money Teaches Us About Spontaneous Order

Money has been around for most of human history. From Mesopotamia (or even earlier), all civilizations have employed some kind of medium of exchange to facilitate transactions regardless of their geographical locations, legal and economic systems,...

3 Ways Milton Friedman Improved the Field of Economics

Milton Friedman is probably the most important free-market thinker of the twentieth century. His ideas in defense of capitalism and economic freedom had an enormous influence on the shift towards free-market policies that took place from the 1970s...

'Bourgeois Dignity': The Idea that Created the Modern World

When thinking about the astonishing improvement in living standards occurring over the last two centuries, one can’t help but wonder about the causes of such a radical transformation: what explains the unprecedented increase in income per...

How Nat Turner’s Failed Revolt Changed the Debate on Slavery

On August 22, 1831, a group of slaves began a revolt in the county of Southampton, Virginia, that would go down in history as the largest uprising against the Peculiar Institution in nineteenth-century America. The rebellion was led by Nat Turner, a...

Why More Regulations Won’t Fix the Financial Sector's Problems

What is the role of the finance today? Is it still an essential pillar in the value-creation process that has characterized market economies since the emergence of capitalism in the 18th century? Or it has grown into an uncontrolled leviathan that...

Ayn Rand and Ludwig von Mises Once Had Dinner Together, and It Can Teach Us a Lot About Intellectual Dogmatism

At the International Society for Individual Liberty's Conference, Milton Friedman once gave a speech titled “Say ‘No’ to Intolerance” (you can find the transcription here) where he criticized the sectarianism of a part of the libertarian movement...

5 Economics Books Everyone Should Read

When was the last time you read a book about economics? If your answer is “when I was in high school” or “I have never read a book on such a boring topic”, here are some suggestions in ascending order of difficulty that might help you get into...

Rent Control Advocates Need a Lesson in Economics

Rent control is one of those policies that continues to attract the favor of the public despite the fact it has repeatedly proven to be ineffective when it comes to improving the lives of those it is aimed at. The latest example can be found in...

Venezuela’s President Tackles Economic Crisis by Deleting 3 Zeros From its Currency

It seems that Venezuela’s dictator Nicolás Maduro has finally found the way to bring the country out of the unprecedented economic crisis Venezuela is immersed in since 2012. The ineffable leader of the Bolivarian Revolution has recently announced...

Why Estonia—Yes, Estonia—Is Suddenly One of the Wealthiest Countries in Eastern Europe (and the Most Innovative)

The question on why some countries are rich and prosperous whereas others seem to be condemned to the scourge of poverty has been around for centuries. Many factors have been argued to be the determinants of prosperity: geographical, cultural,...

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