Political liberties and economic development

Authors

  • Jose Luis Sardón

DOI:

https://doi.org/10.21678/apuntes.38.433

Keywords:

Economic development, freedom, property rights, dictatorship, political systems

Abstract

This article looks into the connection between political liberties and economic development. The author reviews the arguments of several studies on the subject and concludes that more political liberties are not necessarily beneficial to economic development since they could jeopardize the rights of ownership far more critically than the arbitrariness of governments with the most indifferent of altitudes to the will of the people. Indeed, "excessive" liberties could favor the interests of private lobbies -and unnecessary State intervention in the economy- or, in unjust societies, lead to the application of moderate or extreme redistribution-oriented policy.

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Published

1996-11-11

How to Cite

Sardón, J. L. (1996). Political liberties and economic development. Apuntes. Social Sciences Journal, (38), 25–30. https://doi.org/10.21678/apuntes.38.433

Issue

Apuntes 38

Section

Articles

License

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