Luis Pablo De La Horra

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

Recent blog posts by this author

Venezuela's 3 Comrades in Economic Meltdowns

Venezuela is dealing with the most severe economic crisis of its history. Numbers are mind-blowing. Since 2014, the Venezuelan economy has contracted by almost 50 percent. The annual inflation rate reached 80,000 percent last year and three million...

The Double-edged Sword of Economic Sanctions Against Venezuela

Venezuela is going through one of the worst economic crises of the last century. According to the International Monetary Fund (IMF), Venezuela’s GDP has fallen nearly 50 percent since 2014. To understand the magnitude of Venezuela’s economic...

What Might Have Been: Russia's Missed Opportunity of 1917

The Bolshevik uprising of October 1917 is usually thought to have resulted in the overthrow of the tsarist autocracy, which had ruled the Russian Empire since 1547. This belief has led to a certain idealization of the Russian Revolution. Despite the...

Venezuela's Situation Requires a Great Deal of Pragmatism

In a bold move last week, the National Assembly of Venezuela, which was deprived of its constitutional powers by the government-controlled Supreme Court in March 2017, appointed National Assembly’s leader Juan Guaidó as interim President of...

The Man Who Created the German Economic Miracle

On April 2, 1948, Ludwig Erhard, a little-known economist who had opposed Nazism, was appointed Director of the Economic Council of Bizonia, the territory resulting from the merger of the British and American occupied territories in post-WWII...

Are We Witnessing the End of the Bitcoin Era?

The Bitcoin revolution seemed unstoppable. Despite suffering multiple large corrections over the last years, Bitcoin’s price kept reaching new highs until almost surpassing the $20,000 threshold, something unimaginable when Bitcoin emerged in 2009....

Human Freedom Index 2018

Cato Institute’s scholars Tanja Porčnik and Ian Vásquez have recently released the 2018 Human Freedom Index (HFI), a report where the authors look at freedom in the world using data from 2016. The HFI ranks countries from most to least free...

Three Times Keynes Was Not a Keynesian

John Maynard Keynes is, together with Milton Friedman, the most influential economist of the 20th century. His most acclaimed work, The General Theory of Employment, Interest and Money, contributed to the paradigm shift that took place in the...

More Markets and Less Politics

Facebook is an excellent way to waste time. But it sometimes becomes a source of inspiration. Last week, I came across a post by economist Steve Horwitz in which he commented on a WSJ article about Israeli tech companies hiring Palestinian engineers...

What is Neoliberalism?

Neoliberalism is one of those concepts that changes meaning depending on whom you ask. Whereas the intellectual opponents of capitalism use it to refer to the political and economic system that emerged in the 1980s and continues to be hegemonic...

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