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Energia Progresiva

An Intertemporal Analysis of Latin America and the Caribbean's Energy Landscape in the Industrial Age

Inter-American Yearbook on Human Rights / Anuario Interamericano de Derechos Humanos, Volume 40 (2024) (4 Vols. Set)

A collection of eye-opening natural experiments, showing how economists uncover cause-and-effect relationships and reveal insights about our world. Does having a daughter change how a congressperson votes? How did a nineteenth-century doctor help discover germs? Is it better to go first or second in a penalty shootout? Why don’t diplomats pay their parking tickets? Do leaders really matter? These are all questions economists ask. Some of these questions are serious, others less consequential. But all are interesting—and can be answered by way of the natural experiment. A natural experiment is an event in the real world that neatly divides people into a treatment group and a control group—and it is one of the greatest tools in the economist’s toolkit. In Daughters, Diplomats, and Death, Patrick Gourley discusses why and how economists have leveraged this powerful method to answer questions that were long thought unanswerable. In the vein of Freakonomics, Nudge, and The Tipping Point, the book takes the reader on a lively and engaging tour of some of the most fascinating natural experiments, explaining how they work, how they help social scientists answer questions, and what conclusions they reached. The experiments illuminate a wide range of timely issues in health, education, reproductive issues, and the environment, lending rich and much-needed nuance to the complex debates that shape today’s headlines.

A collection of eye-opening natural experiments, showing how economists uncover cause-and-effect relationships and reveal insights about our world. Does having a daughter change how a congressperson votes? How did a nineteenth-century doctor help discover germs? Is it better to go first or second in a penalty shootout? Why don’t diplomats pay their parking tickets? Do leaders really matter? These are all questions economists ask. Some of these questions are serious, others less consequential. But all are interesting—and can be answered by way of the natural experiment. A natural experiment is an event in the real world that neatly divides people into a treatment and control group—and it is one of the greatest tools in the economist’s toolkit. In Daughters, Diplomats, and Death, Patrick Gourley discusses why and how economists have leveraged this powerful method to answer questions that were long thought unanswerable. In the vein of Freakonomics, Nudge, and The Tipping Point, the book takes the reader on a lively and engaging tour of some of the most fascinating natural experiments, explaining how they work, how they help social scientists answer questions, and what conclusions they reached. The experiments illuminate a wide range of timely issues in health, education, reproductive issues, and the environment, lending rich and much-needed nuance to the complex debates that shape today’s headlines.

How Economists Use Natural Experiments to Decipher Our World

Daughters, Diplomats, and Death

Argentine Freedom
 is the first account of the most disruptive figure in Argentine history since the nation’s return to democracy. In just a few years, Javier Milei rose from television economist and social media provocateur to president of a country long defined by crisis, state intervention, and political polarization. His ascent has sparked fierce debate at home and abroad: Is Milei a threat to democracy, a neo-conservative, or the herald of a much larger revival of the classical liberal tradition?
 
 The book provides a balanced examination of Milei’s rise to power. Rather than judging his policies, economic historian Sebastián Álvarez and political philosopher Ezequiel Spector ask a deeper set of questions: Where do Milei’s ideas come from? How do they relate to Argentina’s liberal tradition and its history of populism, socialism, and authoritarianism? And what does his presidency reveal about the tensions between liberty, equality, and democracy in the twenty-first century?&nbsp;
 
 Blending economic history, political philosophy, and contemporary analysis,&nbsp;
 Argentine Freedom
 traces Argentina’s long ideological arc from the liberal foundations of the 1853 Constitution, through Peronism, military rule, neoliberal reform, and the interventionist turn after the 2001 collapse, to the two liberal “waves” that culminated in Milei’s election. Along the way, it unpacks the meanings of liberalism and libertarianism, contrasts them with their main rivals, and situates Milei within both national history and a broader global surge of anti-establishment leaders.
 
 The resulting book offers a new way to understand Javier Milei as a political actor—and Argentina as a country once again at a crossroads.
 Sebastián Álvarez
 is Professor at Universidad Adolfo Ibáñez in Chile and Associate Researcher at the Graduate Institute in Geneva, Switzerland. His work explores the history of finance and banking in Latin America, with particular attention to how capital markets shape economic policy and international relations. He is the author of 
 Mexican Banks and Foreign Finance
 (Palgrave Macmillan, 2019).
 Ezequiel Spector
 is Research Professor and Director of the Master of Arts program in Philosophy, Politics, and Economics at Adolfo Ibáñez University in Chile. He is the author of 
 Freedom as Social Cooperation
 &nbsp;(Palgrave Macmillan, 2026).

Argentine Freedom
 is the first account of the most disruptive figure in Argentine history since the nation’s return to democracy. In just a few years, Javier Milei rose from television economist and social media provocateur to president of a country long defined by crisis, state intervention, and political polarization. His ascent has sparked fierce debate at home and abroad: Is Milei a threat to democracy, a neo-conservative, or the herald of a much larger revival of the classical liberal tradition?
 
 The book provides a balanced examination of Milei’s rise to power. Rather than judging his policies, economic historian Sebastián Álvarez and political philosopher Ezequiel Spector ask a deeper set of questions: Where do Milei’s ideas come from? How do they relate to Argentina’s liberal tradition and its history of populism, socialism, and authoritarianism? And what does his presidency reveal about the tensions between liberty, equality, and democracy in the twenty-first century?&nbsp;
 
 Blending economic history, political philosophy, and contemporary analysis,&nbsp;
 Argentine Freedom
 traces Argentina’s long ideological arc from the liberal foundations of the 1853 Constitution, through Peronism, military rule, neoliberal reform, and the interventionist turn after the 2001 collapse, to the two liberal “waves” that culminated in Milei’s election. Along the way, it unpacks the meanings of liberalism and libertarianism, contrasts them with their main rivals, and situates Milei within both national history and a broader global surge of anti-establishment leaders.
 
 The resulting book offers a new way to understand Javier Milei as a political actor—and Argentina as a country once again at a crossroads.

Javier Milei and the Libertarian Wave

Argentine Freedom

This is a book about choices. Not the kind you make when you decide who to marry, whether to quit your job, or when to go for a hike. It's about the kind that hardly existed a hundred years ago but now govern our lives. The kind that have architects.Choose Your Captivity exposes the hidden forms of designed choice that, by determining the options made available to us, are deployed to steer our attention, behaviour and desires, influencing everything from what we eat to where we live and how we vote. It introduces the architects who first devised and applied these insidious tools, from the maze-building eugenicist who invented the multiple-choice test to the marketing gurus who in less than a generation helped transform a handful of online platforms into the richest corporations in history. By constraining our actions, shaping our choices and even our identities, they have made the world we know today.Open your eyes to the immense power wielded by the choice architects - and how to escape it.

How Choice Architects Made Our World and Sold Our Freedom

Choose Your Captivity

“Seddon and Imsirovic provide a sophisticated and empirically rich account of the actors, institutions, and conflicts that make up the ‘pay-to-play’ governance system of the Brent price benchmark. Their book deserves to be widely read.”
 —William Boyd
 , Michael J. Klein Chair in Law, UCLA
 
 “
 The Governed Price of Oil
 is a lighthouse for understanding prices, the heart of markets, and the organizing force of contemporary economies. A must read for understanding economies revolving around the sun of prices.”
 —Koray Çalışkan
 , The New School, and author of 
 Market Threads
 “‘Prices are made, not found’—the key argument of this fascinating study. Seddon and Imsirovic take us behind the scenes of oil prices of huge economic and geopolitical significance.”
 —Donald MacKenzie
 , University of Edinburgh, and author of 
 
 An Engine, Not a Camera
 
 The price of oil is not discovered—it is made. Benchmarks like Brent crude are produced for profit, from information supplied by the very firms with an interest in shaping them. How can such a price be trusted, and who governs it?
 
 This book argues that benchmark authority rests on a “pay-to-play” bargain: firms bear the costs of price making because access confers influence, information, and trading advantage, while governors such as Platts and ICE set the rules. Those rules must channel traders’ opportunism, not eliminate it—too little latitude and participation withers; too much and the system curdles into manipulation. Comparing Brent with rival benchmarks, enduring and failed, and combining quantitative analysis, archival research, and insider interviews, this book reveals how the price that moves the world economy is actually made.
 Jack Seddon
 is Associate Professor of International Political Economy at Waseda University, Japan. A former capital markets lawyer, he holds an MPhil and DPhil from the University of Oxford and has published widely on market structure and governance.
 Adi Imsirovic
 lectures on the Master’s in Energy Systems at the University of Oxford and is a Senior Associate at CSIS, Washington. With 35 years in oil trading—including as global head of oil at Gazprom Marketing &amp; Trading—he has authored several books on international oil markets.

"This timely and important book reveals how one of the world's most important prices—the Brent Crude oil price benchmark—is made. Seddon and Imsirovic provide a sophisticated and empirically rich account of the actors, institutions, and conflicts that make up the 'pay-to-play' governance system of the Brent price benchmark. Their book deserves to be widely read."— William Boyd
 , Michael J. Klein Chair in Law, UCLA
 &nbsp;
 "The 
 Governed Price of Oil
 is a lighthouse for understanding prices, the heart of markets and the organizing force of contemporary economies. It shows us that prices are not set but made, governed, and contested. A must-read for understanding economies revolving around the sun of prices."
 — Koray Çalışkan
 , The New School, author of 
 Market Threads&nbsp;"'Prices are made, not found'—that's the key argument of this fascinating study. Combining insider interviews, econometric modelling and political-economy insights, Seddon and Imsirovic take us behind the scenes of the setting of benchmark oil prices that are of huge economic and geopolitical significance."— Donald MacKenzie
 , University of Edinburgh, author of 
 An Engine, Not a Camera 
 The price of oil is not discovered—it is made. Benchmarks like Brent crude are produced for profit, from information supplied by the very firms with an interest in shaping them. How can such a price be trusted, and who governs it?
 This book argues that benchmark authority rests on a “pay-to-play” bargain: firms bear the costs of price making because access confers influence, information, and trading advantage, while governors such as Platts and ICE set the rules. Those rules must channel traders’ opportunism, not eliminate it—too little latitude and participation withers; too much and the system curdles into manipulation. Comparing Brent with rival benchmarks, enduring and failed, and combining quantitative analysis, archival research, and insider interviews, this book reveals how the price that moves the world economy is actually made.

Power, Rules and the Making of the Brent Benchmark

The Governed Price of Oil

Southern Space Studies

This peer-reviewed book provides a comprehensive overview of the role of space exploration and technology in Mexico. The Mexican space sector is currently experiencing rapid growth, with new participants entering the field and space applications increasingly supporting the country's social, economic, and political development. There is a growing recognition of space as a vital component of Mexico's development agenda.Despite significant progress in recent years that has improved the living conditions of many Mexicans and helped lift people out of poverty, much work remains to be done to meet the basic needs of all citizens and ensure they receive the respect they deserve. Space technology is already being utilized in various sectors to help achieve Mexico's future objectives, and there are still ample opportunities to expand the use of space systems and data.This book will be of interest to researchers, professionals, and students in fields such as space studies, international relations, governance, and social and rural development.

Developing Mexico Through Space, Part 2

Space Fostering Mexican Society

A textbook that examines how societies reach decisions about the use and allocation of economic resources While economic research emphasizes the importance of governmental institutions for growth and progress, conventional public policy textbooks tend to focus on macroeconomic policies and on tax-and-spend decisions. Markets, State, and People stresses the basics of welfare economics and the interplay between individual and collective choices. It fills a gap by showing how economic theory relates to current policy questions, with a look at incentives, institutions, and efficiency. How should resources in society be allocated for the most economically efficient outcomes, and how does this sit with society's sense of fairness? Diane Coyle illustrates the ways economic ideas are the product of their historical context, and how events in turn shape economic thought. She includes many real-world examples of policies, both good and bad. Readers will learn that there are no panaceas for policy problems, but there is a practical set of theories and empirical findings that can help policymakers navigate dilemmas and trade-offs. The decisions faced by officials or politicians are never easy, but economic insights can clarify the choices to be made and the evidence that informs those choices. Coyle covers issues such as digital markets and competition policy, environmental policy, regulatory assessments, public-private partnerships, nudge policies, universal basic income, and much more. Markets, State, and People offers a new way of approaching public economics. <ul><li>A focus on markets and institutions </li><li>Policy ideas in historical context </li><li>Real-world examples </li><li>How economic theory helps policymakers tackle dilemmas and choices </li></ul>

Economics for Public Policy

Markets, State, and People

A brilliant exploration of the phenomenon of prediction markets that asks: what happens when democracy becomes another commodity? Prediction markets are sweeping the world, fundamentally changing the nature of gambling - and the very ways in which we attempt to divine the future.Posed as binary 'Yes/No' questions about future events, prediction markets allow any difference of opinion - whether on pop culture or politics, wars or assassinations - to be financialised. A regulatory minefield with moral implications that divide nations, governments and bettors, they have proved as effective at accurately predicting the timing of missile strikes as they have at calling the outcomes of elections.But are these markets really a new phenomenon? And what does it mean when those tasked with safeguarding democracy hold financial stakes in its volatility?From Renaissance Rome, where merchants wagered on papal conclaves, through nineteenth-century London's wartime coffee house gossip, to the Pentagon's ill-fated terrorism futures exchange and blockchain-based betting on Polymarket today, The Big Bet tells the gripping five-hundred-year story of a permissive regime that no one designed and no one voted for.Drawing on deep expertise, Michael Auerbach examines how these markets are changing our world, and what they mean for the future where democracy becomes just another commodity to be priced and traded. Because prediction markets are not an anomaly - they are the logical endpoint of a society that has applied market capitalism to every aspect of life. And in a world where everything is a wager and nothing is off limits, knowing where the chips will fall matters more than ever.

Prediction Markets and the Future of Democracy

The Big Bet

A fairer, healthier, more caring and sustainable society is entirely within our grasp. The renowned co-author of The Spirit Level shows us the way.'An uplifting vision for solving inequality that benefits everyone' ANDY BURNHAM'Poverty and inequality are at the heart of all our problems. Kate Pickett's book shows how tackling them must be at the heart of our solutions too' ZACK POLANSKI'Just what these times are crying out for' KATE RAWORTHHow do we ensure that everyone has good health and receives the care they need? How do we provide education that allows every child to flourish? How do we ensure safety, justice and a sustainable environment for all?In this inspiring book, world-leading social scientist Kate Pickett shows that to make a good society - in which everyone has what they need to be well, and everyone would be better off - we must prioritise the health, care, education and rehabilitation of those who have the least and suffer the most. Drawing on decades of proven solutions and success stories from around the globe, The Good Society cuts to the essence of the challenges we face and presents us with a practical, perspective-shifting vision for how to tackle them.'Genuinely transformative. A powerful and deeply humane vision that focuses on what really matters' DANIEL CHANDLER'Daringly optimistic' FINANCIAL TIMES'Electrifying' POLLY MORLAND'Vital ... shines a light for hope' INDEPENDENT

And How We Make It

The Good Society

The Economy We Need for the Development We Want

Handbook of the Blue Economy

Capitalism, Socialism, and Political Economy,&nbsp;
 is a three‑volume examination of the ideological, historical, and economic forces shaping global politics in the early twenty‑first century. Throughout the volumes, Kui‑Wai Li argues that many political dynamics commonly associated with the alt‑right have roots in the geopolitical and institutional arrangements formed at the end of World War II. Integrating political trends into economic analysis, these books provide an analytical framework for understanding how competing ideological systems continue to influence global development, institutional behavior, and public sentiment.
 Volume I presents the conceptual groundwork, clarifying the distinctions between capitalism and socialism/communism. It provides particular attention to the historical contexts that shaped these ideologies after 1945. The volume explores their respective strengths, weaknesses, and core principles while emphasizing the need to differentiate “difference” from “inequality” and to draw clear boundaries between economic and political claims.
 Building on this foundation, Volume II
 
 applies the framework to contemporary global trends across advanced economies, socialist states, emerging economies, Middle Eastern regions, and newer blocs such as BRICS. Through these cases, the volume analyzes phenomena including Brexit, Trumponomics, cancel culture, and the strategic development models adopted by authoritarian or socialist governments.
 Volume III extends the analysis to the politics of fear and sympathy—two themes the author identifies as shaping current debates around climate change, COVID‑19, welfare systems, and unauthorized immigration. It further examines how concepts such as freedom, choice, privacy, trade, and investment function within different political‑economic systems, including the growing influence of AI on perceptions of autonomy and national strategy. The concluding chapters synthesize insights across the series, offering a comprehensive account of how ideological tensions and institutional constraints continue to structure global political economy.Kui-Wai Li
 is an independent researcher and economist based in Canada. His research centers on political economy, development, policies, trade, and globalization.

Capitalism, Socialism, and Political Economy,&nbsp;
 is a three‑volume examination of the ideological, historical, and economic forces shaping global politics in the early twenty‑first century. Throughout the volumes, Kui‑Wai Li argues that many political dynamics commonly associated with the alt‑right have roots in the geopolitical and institutional arrangements formed at the end of World War II. Integrating political trends into economic analysis, these books provide an analytical framework for understanding how competing ideological systems continue to influence global development, institutional behavior, and public sentiment.
 Volume I presents the conceptual groundwork, clarifying the distinctions between capitalism and socialism/communism. It provides particular attention to the historical contexts that shaped these ideologies after 1945. The volume explores their respective strengths, weaknesses, and core principles while emphasizing the need to differentiate “difference” from “inequality” and to draw clear boundaries between economic and political claims.
 Building on this foundation, Volume II
 
 applies the framework to contemporary global trends across advanced economies, socialist states, emerging economies, Middle Eastern regions, and newer blocs such as BRICS. Through these cases, the volume analyzes phenomena including Brexit, Trumponomics, cancel culture, and the strategic development models adopted by authoritarian or socialist governments.
 Volume III extends the analysis to the politics of fear and sympathy—two themes the author identifies as shaping current debates around climate change, COVID‑19, welfare systems, and unauthorized immigration. It further examines how concepts such as freedom, choice, privacy, trade, and investment function within different political‑economic systems, including the growing influence of AI on perceptions of autonomy and national strategy. The concluding chapters synthesize insights across the series, offering a comprehensive account of how ideological tensions and institutional constraints continue to structure global political economy.

Volumes I, II, and III

Capitalism, Socialism, and Political Economy

Perspectives on Global Affairs

With more than 180 million migrants worldwide, roughly 2.3 percent of the global population, migration is a global phenomenon, characterized by cross-border movements that are strikingly varied. This book discusses the current state of migration as a question of governance rather than crisis, examining contemporary migration movements within the legal, political, and economic structures that shape who may move, and why. The book focuses on Latin America, a region shaped by long histories of mobility, and the immigration policy frameworks of the United States, the European Union, and Latin America and the Caribbeans, tracing how different institutional architectures face similar migratory pressures but obtain markedly different outcomes. Ultimately, the book argues that migration functions as a governance barometer, by introducing the concept of policy elasticity, and exploring the limitations of existing “one-size-fits-all” approaches.

Latin America and the Crisis of Global Migration Regimes

Energia Progresiva

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