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A mature democracy begins when taxpayers watch the state","title":"Transparency for Gossip, Opacity for the State","pubDate":"2026-04-12T16:14:36.000Z","categories":"transparency, politics, information, taxes","translateKey":"blogPost-1101"},"excerpt":"The Objective, April 12, 2026 The annual income-tax filing season has begun and, as every year, most taxpayers will receive a refund. It is…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"The 28th Regime and Its 27 Back Rooms","summary":"Brussels promised a single framework for doing business in Europe. What it has produced is a new corporate form laid on top of 27 national systems","title":"The 28th Regime and Its 27 Back Rooms","pubDate":"2026-03-22T16:14:36.000Z","categories":"firms, companies, EU","translateKey":"blogPost-1088"},"excerpt":"The Objective, March 22, 2026 In 2024, after the Letta and Draghi reports, the European Union began to acknowledge the scale of its economic…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"Why High-Speed Rail So Often Fails","summary":"Spain’s high-speed rail illustrates a broader problem familiar: governments reward expansion, while maintenance goes unfunded","title":"Why High-Speed Rail So Often Fails","pubDate":"2026-01-25T16:14:36.000Z","categories":"infrastructure, maintenance, rail","translateKey":"blogPost-1086"},"excerpt":"The Objective, January 25, 2026 High-speed rail failures are often framed as technical mishaps. They are better understood as the…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"Venezuela-and-the-Myth-of-a-Rules-Based-World","summary":"Europe is outraged by Venezuela because it still believes—or pretends to believe—that the world was once governed by rules","title":"Venezuela and the Myth of a Rules-Based World","pubDate":"2026-01-06T16:14:36.000Z","categories":"Europe, politics, international order","translateKey":"blogPost-1078"},"excerpt":"The Objective, January 6, 2026 Europe is outraged by Venezuela because it still believes—or pretends to believe—that the world was once…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"Soft-Diets-for-Europe","summary":"Innovation and the single market are invoked to strengthen Europe, but without facing the costs that its survival requires","title":"Soft Diets for Europe","pubDate":"2025-12-21T16:14:36.000Z","categories":"Europe, innovation, interna market, remedies","translateKey":"blogPost-1072"},"excerpt":"The Objective, December 21, 2025 Europe is finally beginning to talk about survival. After recognizing the threat posed by Russia and its…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"Hypocrisy-Reveals-Guilt","summary":"Political hypocrisy feeds our civic decay and demands tougher standards","title":"Hypocrisy Reveals Guilt","pubDate":"2025-11-23T16:14:36.000Z","categories":"Politics, responsibility","translateKey":"blogPost-1067"},"excerpt":"The Objective, November 23, 2025 We often say one thing and do another, and that gap tells us more than we admit. When we look for culprits…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"Politicians-Obey-Us","summary":"Interview by Miguel Ors for El Podcast del Liberal","title":"Politicians Are Not Inept — They Do What We Ask of Them","pubDate":"2025-11-16T16:14:36.000Z","categories":"Spain, politics, institutions","translateKey":"blogPost-1063"},"excerpt":"The Objective, November 16, 2025. Trascript. Video. Podcast Benito Arruñada (Vegadeo, Asturias, 1958) is Professor of Business Organization…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"The-Fable-of-Spains-Waste Tax","summary":"We pay by square meters for what we throw away by kilos. The problem isn’t the tax, but our refusal to link price and behavior","title":"The Fable of Spain’s Waste Tax","pubDate":"2025-11-16T16:14:36.000Z","categories":"Spain, Taxes, Politics","translateKey":"blogPost-1065"},"excerpt":"The Objective, mber 16, 2025 Spain’s new waste-collection levy has prompted familiar outrage: households complain they are being charged…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"The-Fault-Is-Ours","summary":"It is not enough to blame the elites: politics reflects what we demand and tolerate","title":"The Fault Is Ours","pubDate":"2025-11-09T16:14:36.000Z","categories":"Spain, politics, reforms","translateKey":"blogPost-1061"},"excerpt":"The Objective, November 9, 2025 Spain lives immersed in its most familiar contradictions: politics divides more and mobilizes less…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"If-We-Dont-Want-to-Be-Chinese","summary":"Making the welfare state viable—something even its supporters now doubt—requires civic maturity and responsibility","title":"If We Don’t Want to Be Chinese","pubDate":"2025-11-02T16:14:37.000Z","categories":"Spain, taxation, welfare state, Denmark, Poland","translateKey":"blogPost-1057"},"excerpt":"The Objective, November 2, 2025 The outrage of Spain’s self-employed over the government’s announced rise in social contributions has been…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"Working-Like-the-Chinese","summary":"Europe is not collapsing from too much freedom, but from having trivialized it—turning it into an excuse for not producing","title":"Working Like the Chinese—or for Them","pubDate":"2025-10-26T16:14:36.000Z","categories":"Europe, welfare state, China","translateKey":"blogPost-1056"},"excerpt":"The Objective, October 26,  2025 The West is obsessed with China’s rise but usually draws the wrong lesson. The key is not the state…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"A-Captive-Sabadell","summary":"BBVA’s failed takeover shows who wins, who loses — and why Catalonia loses the most","title":"A Captive Sabadell","pubDate":"2025-10-19T16:14:36.000Z","categories":"Firms, banks, takeover, Spain, interventionism","translateKey":"blogPost-1054"},"excerpt":"The Objective, October 19, 2025 After the failure of BBVA’s takeover bid for Banco Sabadell, markets spoke clearly. BBVA’s shares rose by…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"The-Hispanic-Dividend","summary":"Spain did something highly meritorious in its history, and now it is reaping the rewards. Let’s understand it and make the harvest easier","title":"The Hispanic Dividend","pubDate":"2025-10-12T16:14:36.000Z","categories":"Spain, inmigration, American","translateKey":"blogPost-1052"},"excerpt":"The Objective, October 12, 2025 Gloria Estefan, a Cuban exile since childhood and the granddaughter of an Asturian, gave a massive concert…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"The-Dream-of-the-Shorter-Workweek","summary":"The misfortune of those unaware of their true interests is to see their desires fulfilled—always benefiting those who grant them","title":"The Dream of the Shorter Workweek","pubDate":"2025-05-11T16:14:36.000Z","categories":"regulation, labor","translateKey":"blogPost-1044"},"excerpt":"The Objective, May 11, 2025 Last Tuesday, Spain’s Council of Ministers approved a bill to reduce the maximum weekly working hours from 40 to…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"Towards-AI-Assisted-Morality","summary":"For artificial intelligence, making us feel good is easy. The hard part is making us better—and doing so without making us dependent","title":"Towards AI-Assisted Morality","pubDate":"2025-04-13T16:14:36.000Z","categories":"morality, religion, AI","translateKey":"blogPost-1042"},"excerpt":"The Objective, April 13, 2025 This past Holy Thursday, while some were examining their consciences, others outsourced it to their digital…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"The-Tariff-Plague","summary":"A mental pandemic for which there is no vaccine; but Europe could still come out well if it liberalized and refrained from retaliation","title":"The Tariff Plague","pubDate":"2025-04-06T16:14:36.000Z","categories":"trade, tariffs, specialzation, holdup","translateKey":"blogPost-1039"},"excerpt":"The Objective, April 6, 2025 This week, Trump launched a tariff offensive that raised import taxes to heights unseen in decades. Even the…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"The-West-Between-Incompetence-and-Folly","summary":"A lack of political leadership opens the door to foolishness. This is no coincidence, and fixing it will not be easy","title":"The West: Between Incompetence and Folly","pubDate":"2025-03-30T16:14:36.000Z","categories":"West, meritocracy, Peter Principle","translateKey":"blogPost-1037"},"excerpt":"The Objective, March 30, 2025 When explaining the success of the Chinese economy and its state capitalism, many authors emphasize cultural…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"Europe-and-Its-Hedonistic-Myopia","summary":"The EU insists on using each new problem as an excuse to deepen its statism, even though this very statism is the root cause of its decline","title":"Europe and Its Hedonistic Myopia","pubDate":"2025-03-16T16:14:36.000Z","categories":"EU, reforms, decline","translateKey":"blogPost-1034"},"excerpt":"The Objective, March 16, 2025 The European Union tends to seek quick solutions that ease immediate problems but compromise its future. It is…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"Trump-Trades-the-Chainsaw-for-a-Scalpel","summary":"The reform of the U.S. federal administration requires managing intense tensions within an unusual organizational structure","title":"Trump Trades the Chainsaw for a Scalpel","pubDate":"2025-03-09T16:14:36.000Z","categories":"politics, Peter Principle, Public Management","translateKey":"blogPost-1032"},"excerpt":"The Objective, March 9, 2025 On March 6, 2025, in a tense emergency cabinet meeting, Elon Musk clashed with several ministers over their…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"The-Two-Paths-of-Social-Democracy","summary":"While the Spanish Socialist Party abandons the working class, Danish socialism reinvents itself to continue defending them","title":"The Two Paths of Social Democracy","pubDate":"2025-03-02T16:14:36.000Z","categories":"politics, welfare state, inmigration","translateKey":"blogPost-1030"},"excerpt":"The Objective, March 2, 2025 In a neighborhood on the outskirts of Copenhagen, a Syrian immigrant who has been working there as a delivery…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"Trump-Europe-and-the-Myopia-of-the-West","summary":"The more odious the messenger, the easier it is to ignore him. Europe must respond to Trump’s message with more action and less hand-wringing","title":"Trump, Europe, and the Myopia of the West","pubDate":"2025-02-23T16:14:36.000Z","categories":"Europe, politics","translateKey":"blogPost-1028"},"excerpt":"The Objective, February 23, 2025 Some of Donald Trump’s recent decisions are not only immoral but also wrong, harming both his country and…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"The-agony-of-ecological-denialism","summary":"Avoiding the costs of the energy transition makes it more expensive and jeopardizes it","title":"The agony of ecological denialism","pubDate":"2025-02-09T16:14:36.000Z","categories":"energy, electricity, environment","translateKey":"blogPost-1026"},"excerpt":"The Objective, February 9, 2025 Europe has lived the last decades governed by a unanimous ecological consensus among political and…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"Europe-Still-Doesnt-Know-What-Year-It-Is","summary":"It doesn’t even know when, how or who is going to tell it","title":"Europe Still Doesn’t Know What Year It Is","pubDate":"2025-02-02T16:14:36.000Z","categories":"EU, politics, public sector","translateKey":"blogPost-1024"},"excerpt":"The Objective, February 2, 2025 Both the United States and the European Union have been adjusting their strategies to compete globally. They…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"Lessons-from-Trump","summary":"Europe should learn from Biden to correct course, but it persists in its mistakes, which doom it to populism","title":"Lessons from Trump","pubDate":"2025-01-26T16:14:36.000Z","categories":"Europe, politics","translateKey":"blogPost-1022"},"excerpt":"The Objective, January 26, 2025 Donald Trump’s political resurrection reflects the failure and inability to make amends not only of the…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"Europe-challenge","summary":"European leaders do not fail. Faced with every opportunity to make amends, they only know how to relapse","title":"Europe's challenge: Change or chaos","pubDate":"2025-01-12T16:14:36.000Z","categories":"Europe, politics","translateKey":"blogPost-1021"},"excerpt":"The Objective, January 12, 2025 The influence of Elon Musk, owner of the social network X (the former Twitter) and recently charged by…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"Love-Hate-and-Reason-in-Low-Cost-Airlines","summary":"Consumer regulation should abandon simplistic views and understand how markets function","title":"Love, Hate, and Reason in Low-Cost Airlines","pubDate":"2024-12-08T16:14:36.000Z","categories":"regulation, low cost","translateKey":"blogPost-1016"},"excerpt":"The Objective, December 8, 2024 Low-cost airlines have transformed air travel by offering cheap fares in exchange for providing basic…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"The-Future-of-the-Left","summary":"Western intellectualism is no longer hegemonic, yet it struggles to adapt to a plural environment without barriers to entry","title":"The Future of the Left","pubDate":"2024-11-24T16:14:36.000Z","categories":"market for ideas, social media","translateKey":"blogPost-1011"},"excerpt":"The Objective, November 24, 2024 In both Europe and the United States, social democracy faces the challenge of rebuilding its political…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"Ley-censura-y-redes-sociales","summary":"The imminent European regulation on social media will only make things worse","title":"Law and censorship in social media","pubDate":"2022-06-19T16:14:36.000Z","categories":"internet, social media, regulation, EU, Twitter, Elon Musk","translateKey":"blogPost-889"},"excerpt":"The Objective, June 19, 2022 In 1974, Nobel prize-winner Ronald Coase wrote that the market for ideas fails more than markets for other…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"Retorno-a-la-verguenza","summary":"Our civilization forgets that it freed individuals, giving them feelings of guilt, to reduce the paralyzing oppression of shame","title":"Shame again","pubDate":"2022-06-12T16:14:36.000Z","categories":"values, guilt, shame, religion, Western culture","translateKey":"blogPost-888"},"excerpt":"The Objective, June 12, 2022 In his scientific defense of western culture (The WEIRDest People in the World), the Harvard economist…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"The-reform-of-bankruptcy","summary":"Video interview for FacultiNet on the reform of bankruptcy","title":"The reform of bankruptcy","pubDate":"2022-04-28T16:14:36.000Z","categories":"Bankruptcy, Spain, EU Directives","translateKey":"blogPost-881"},"excerpt":"Faculti Net, April 28, 2022 Video interview (12:30 mins.) for FacultiNet defending a better balance of information and interests in the…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"DB-is-dead","summary":"The World Bank is discontinuing the Doing Business indicators because of irregularities in the application of its methodology. However, it is the flaws in that methodology and its sports-league marketing that have caused most damage, distorting policy priorities and favoring cosmetic reforms.","title":"World Bank’s Doing Business Is Dead for the Wrong Reasons","pubDate":"2021-10-05T16:14:36.000Z","categories":"measurement, institutions, Doing Business","translateKey":"blogPost-856"},"excerpt":"Reproduced from the SIOE Blog, October 5, 2021 The World Bank has announced that it is discontinuing the Doing Business (DB) indicators…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"spaniards-contradictory-values-lead-to-inefficient-law","summary":"","title":"Spaniards’ contradictory values lead to inefficient law","pubDate":"2020-03-03T07:55:28.000Z","categories":"","translateKey":"blogPost-759"},"excerpt":"Opinion polls reflect that dominant social values in Spanish society favor, in comparison with our European neighbors, the State playing a…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"blockchain-lessons-for-capitalism-applying-adam-smiths-wisdom-to-our-mistakes","summary":"","title":"Blockchain Lessons for Capitalism: Applying Adam Smith’s Wisdom to Our Mistakes","pubDate":"2019-12-17T18:22:50.000Z","categories":"Behavior, Competition Policy, Institutions","translateKey":"blogPost-745"},"excerpt":"Remarks at the Panel from the “New Enlightenment Conference: Reshaping Capitalism and the Global Order in a Neo-Mercantilist World,” Session…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"the-experienced-perceive-that-institutions-work-worse","summary":"","title":"The experienced perceive that institutions work worse","pubDate":"2019-12-04T19:45:20.000Z","categories":"","translateKey":"blogPost-742"},"excerpt":"Those who get in touch with rule-of-law institutions perceive that they work worse. Optimism on the functioning of institutions seems to be…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"religion-and-the-european-union","summary":"","title":"Religion and the European Union","pubDate":"2019-08-28T17:26:27.000Z","categories":"","translateKey":"blogPost-735"},"excerpt":"In “Religion and the European Union,” we point out that the recent literature on cultural differences across euro member states fails to…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"property-rights-in-sequential-exchange","summary":"","title":"Property Rights in Sequential Exchange","pubDate":"2019-02-28T17:26:58.000Z","categories":"","translateKey":"blogPost-736"},"excerpt":"From Coase (1960) to Akerlof (1970), Williamson (1979), and Grossman and Hart (1986), economic models assume that transactors are well…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"business-formalization-policy-and-organizational-success","summary":"","title":"Business Formalization, Policy, and Organizational Success","pubDate":"2018-12-13T08:41:58.000Z","categories":"Business formalization, Public Management","translateKey":"blogPost-725"},"excerpt":"In this edition of CIBER Focus, Benito will talk to us the business formalization process, measures of business success, and government…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"evolving-practice-in-land-demarcation","summary":"","title":"Evolving Practice in Land Demarcation","pubDate":"2018-06-26T17:06:36.000Z","categories":"","translateKey":"blogPost-731"},"excerpt":"Efforts to plan economic development tend to apply uniform and supposedly optimal solutions, increasingly expressed in terms of targets…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"blockchain-the-birth-of-decentralized-governance","summary":"","title":"Blockchain: The Birth of Decentralized Governance","pubDate":"2018-05-27T17:11:26.000Z","categories":"","translateKey":"blogPost-733"},"excerpt":"In this new Working Paper with Luis Garicano, we argue that, by allowing networks to split, decentralized blockchain platforms protect…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"diverging-separatisms","summary":"","title":"Diverging Separatisms","pubDate":"2018-05-17T07:59:36.000Z","categories":"","translateKey":"blogPost-718"},"excerpt":"By Benito Arruñada and Albert Satorra. Adapted translation of “Separatismos divergentes,” El País, May 17, 2018, p. 14. The outcome of the…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"the-weight-of-reality-in-catalonia","summary":"","title":"The Weight of Reality in Catalonia","pubDate":"2017-12-18T07:53:02.000Z","categories":"Op-ed, Politics","translateKey":"blogPost-716"},"excerpt":"By Benito Arruñada and Albert Satorra. Adapted translation of “El peso de la realidad en Cataluña” (El País, December 18, 2017, p. 13). When…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"lack-of-land-titling-more-than-a-cause-a-consequence-of-poverty","summary":"","title":"Lack of land titling: more than a cause, a consequence of poverty","pubDate":"2017-12-09T19:05:09.000Z","categories":"","translateKey":"blogPost-693"},"excerpt":"Discussions on economic development have lately focused on the role of institutions in protecting property rights and reducing transaction…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"the-limits-of-blockchain-in-property-trading-claims-is-not-trading-rights","summary":"","title":"The Limits of Blockchain in Property: Trading Claims is not Trading Rights","pubDate":"2017-09-19T12:11:41.000Z","categories":"Institutions, Law & Economics, Contracts, Property, real estate, registers","translateKey":"blogPost-676"},"excerpt":"The law-and-economics of property throws doubts on the prospects of blockchain for transacting durable high-value assets. You are free to…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"property-as-sequential-exchange-the-forgotten-limits-of-private-contract","summary":"","title":"Property as Sequential Exchange: The Forgotten Limits of Private Contract","pubDate":"2017-06-28T06:58:12.000Z","categories":"Contracts, Institutions, Law & Economics, Property","translateKey":"blogPost-690"},"excerpt":"In this paper, published at the Journal of Institutional Economics (2017), I trace the disconnection between economic analysis and property…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"the-fragility-of-credit-markets","summary":"","title":"The fragility of credit markets","pubDate":"2017-05-30T06:45:52.000Z","categories":"Contracts, Institutions, Law & Economics, Politics","translateKey":"blogPost-687"},"excerpt":"During the economic crisis in countries that had experienced housing bubbles, from the US to Spain, thousands of homeowners faced…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"world-justice-project-scholars-2016-conference","summary":"","title":"World Justice Project Scholars 2016 Conference","pubDate":"2016-07-22T08:56:56.000Z","categories":"Law & Economics, Measurement, Public Management, Regulation","translateKey":"blogPost-638"},"excerpt":"The content from the May 2016 conference of WJP Scholars at Stanford is now live on the WJP website. Scholars Conference page with materials…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"catalonias-dangerous-illusions","summary":"","title":"Catalonia’s Dangerous Illusions","pubDate":"2015-09-24T11:59:33.000Z","categories":"Miscellaneous, Op-ed, Politics","translateKey":"blogPost-607"},"excerpt":"By B. Arruñada and V. Lapuente Giné (Project Syndicate, September 23, 2015). BARCELONA – Catalonia’s upcoming parliamentary election could…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"the-ancient-roman-market","summary":"","title":"The Ancient Roman Market","pubDate":"2015-05-27T06:45:39.000Z","categories":"Institutions, Law & Economics, Property","translateKey":"blogPost-681"},"excerpt":"To what extent did Ancient Roman institutions facilitate the free exchange of economic resources? In “The Institutions of Roman Markets,” I…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"the-excuse-of-good-governance","summary":"","title":"The Excuse of Good Governance","pubDate":"2015-04-12T09:07:57.000Z","categories":"Culture, Institutions, Op-ed, Politics","translateKey":"blogPost-593"},"excerpt":"Published in El País, “Más o menos Estado”, March 12, 2015, pp. 31-32. The greater the scope for decision-making by politicians and civil…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"the-economics-of-company-registries-video","summary":"","title":"The Economics of Company Registries (video)","pubDate":"2015-01-28T10:03:22.000Z","categories":"","translateKey":"blogPost-590"},"excerpt":"Video of my talk in a Seminar of experts in company history, law and organization held at the University of Murcia in January 28, 2015."}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"the-affaire-between-technocracy-and-populism","summary":"","title":"The ‘Affaire’ between Technocracy and Populism","pubDate":"2014-08-14T10:07:46.000Z","categories":"Education, Institutions, Op-ed, Regulation","translateKey":"blogPost-557"},"excerpt":"Published as “The Convergence between Technocracy and Populism” in El País, August 14, p. 23. Citizens should know the real costs of their…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"el-registro-de-la-propiedad","summary":"Arruñada, Benito (2014), “El Registro de la Propiedad,” Revista Profesiones, no.150 (extra), xvi-xvii.","title":"Property Registries","pubDate":"2014-07-17T00:00:00.000Z","categories":"Contracts, Property titling","translateKey":"publication-188"},"excerpt":""}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"we-are-all-to-blame","summary":"","title":"We are all to blame","pubDate":"2014-04-28T17:43:38.000Z","categories":"Behavior, Education, Institutions, Op-ed, Culture","translateKey":"blogPost-511"},"excerpt":"Published in El País with the title “La culpa es nuestra“, 13 April 2014, p. 31 It is not only elites who are “extractive”; citizens, the…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"una-espana-de-saldos-y-suenos","summary":"El Periódico, November 26, 2013","title":"Spain: On Sale and Deluded","pubDate":"2013-11-26T09:26:51.000Z","categories":"Op-ed","translateKey":"blogPost-485"},"excerpt":"Published in El Periódico(http://epreader.elperiodico.com/APPSGetPlayerZSEO.aspx?proid=00000000-0000-0000-0000-000000000001&fecha=2013112…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"discussion-on-my-book-at-the-oandm-blog","summary":"","title":"Discussion on my book at the O&M blog","pubDate":"2013-01-07T17:19:16.000Z","categories":"","translateKey":"blogPost-420"},"excerpt":"The Organizations and Markets blog is holding an online discussion on my book Foundations of Impersonal Exchange (University of Chicago…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"from-values-to-economic-myths","summary":"","title":"From Values to Economic Myths","pubDate":"2012-09-27T18:34:11.000Z","categories":"Education, Institutions, Law & Economics, Miscellaneous, Op-ed, Public Management","translateKey":"blogPost-396"},"excerpt":"Interview by Abel Hernández, published at Sintetia on September 24 (first part) and 26 (second part), 2012 Benito Arruñada is Professor of…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"guidelines-to-reform-business-formalities","summary":"","title":"Guidelines to Reform Business Formalities","pubDate":"2011-07-29T09:02:19.000Z","categories":"Business formalization, Law & Economics, Public Management, Regulation","translateKey":"blogPost-235"},"excerpt":"Over recent years, governments and international organizations have been doing their best to “simplify” business formalities but with little…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"limiting-mortgage-liability-would-be-an-error","summary":"","title":"Limiting Mortgage Liability Would Be an Error","pubDate":"2011-03-20T16:47:44.000Z","categories":"Regulation","translateKey":"blogPost-213"},"excerpt":"Arruñada, Benito (2011), “Limiting Mortgage Liability Would Be an Error”, La Vanguardia, March 20, Dinero, 13. There have been plenty of…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"compulsory-no-recourse-in-mortgage-lending-a-bad-idea","summary":"","title":"Compulsory No-recourse in Mortgage Lending: A Bad Idea","pubDate":"2011-02-23T16:54:17.000Z","categories":"Regulation","translateKey":"blogPost-219"},"excerpt":"Arruñada, Benito (2011), “Compulsory No-recourse in Mortgage Lending: A Bad Idea,” Expansión, February 23, 46. In spite of certain court…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"aprendamos-del-caos-hipotecario-de-eeuu","summary":"","title":"Let Us Learn from the US Mortgage Chaos","pubDate":"2010-10-26T15:05:32.000Z","categories":"Regulation","translateKey":"blogPost-147"},"excerpt":"Arruñada, Benito (2010), “Let Us Learn from the US Mortgage Chaos” Expansión, October 26. The mortgage foreclosure crisis in the US offers…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"a-country-of-unemployment-and-self-service","summary":"","title":"A country of unemployment and self-service","pubDate":"2010-04-01T08:00:35.000Z","categories":"Law & Economics, Op-ed, Regulation","translateKey":"blogPost-228"},"excerpt":"Arruñada, Benito (2010), “A Country of Unemployment and Self-service,” Cinco Días, April 1, p. 14. It has always surprised me that in…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"retiring-before-we-work","summary":"","title":"Retiring before We Work","pubDate":"2010-02-22T15:37:01.000Z","categories":"Op-ed","translateKey":"blogPost-169"},"excerpt":"Arruñada, Benito (2010), “Retiring before We Work”, Expansión, February 22, p. 46. The Spanish public has recently received two items of…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"the-morality-of-layoffs","summary":"","title":"The Morality of Layoffs","pubDate":"2010-02-12T16:00:41.000Z","categories":"Regulation","translateKey":"blogPost-179"},"excerpt":"Arruñada, Benito (2010), “The Morality of Layoffs,” Cinco Días, Febreruary 12, p. 14. In Spain, you can be forgiven for just about…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"morality-of-layoffs","summary":"Arruñada, Benito (2010), “Morality of Layoffs,” Cinco Días, Febreruary 12, p. 14.","title":"Morality of Layoffs","pubDate":"2010-02-12T00:00:00.000Z","categories":"Contracts","translateKey":"publication-153"},"excerpt":"In Spain, you can be forgiven for just about everything, except for heresy. A few days ago, the media inquisitors did their utmost to burn…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"the-three-spanish-crises","summary":"","title":"The Three Spanish Crises","pubDate":"2009-12-19T16:39:06.000Z","categories":"","translateKey":"blogPost-206"},"excerpt":"Arruñada, Benito (2009), “The Three Spanish Crises,” La Razón, December 16, p. 26. Spain was in crisis well before 2008. The problems are…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"labour-reform-as-an-ethical-imperative","summary":"","title":"Labour Reform as an Ethical Imperative","pubDate":"2009-08-20T14:39:25.000Z","categories":"","translateKey":"blogPost-50"},"excerpt":"Versión en español y comentarios Spain has the most restrictive labour law of all developed countries. As a result, it also has the highest…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"the-spanish-crises","summary":"","title":"The Spanish Crises","pubDate":"2009-07-22T13:14:43.000Z","categories":"","translateKey":"blogPost-40"},"excerpt":"Benito Arruñada, \"En España no hay una crisis, sino tres: la económica, la institucional y la de valores\", Interview to La Nueva España…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"reflections-on-the-spanish-crisis","summary":"Arruñada, Benito, “Pondering the Spanish Crisis,” Lecture delivered in the Course on “Reforms and Oportunities in Times of Crisis”, Oviedo Chamber of Commerce, La Granda, July 20, 2009.","title":"Reflections on the Spanish Crisis","pubDate":"2009-07-20T00:00:00.000Z","categories":"Spain","translateKey":"publication-146"},"excerpt":"Spain was in crisis well before 2008. The problems are longstanding ones and may well last for many decades more. That is why the gap that…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"reforma-laboral-como-imperativo-etico","summary":"Spain has the most restrictive labour law of all developed countries. As a result, it also has the highest unemployment.","title":"Labour Reform as an Ethical Imperative","pubDate":"2009-07-16T00:00:00.000Z","categories":"Spain, labor market","translateKey":"publication-152"},"excerpt":"Cinco Días, July 16, 2009, p. 5"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"organizations-or-markets-in-morality","summary":"","title":"Organizations or Markets in Morality?","pubDate":"2009-06-30T11:43:41.000Z","categories":"","translateKey":"blogPost-36"},"excerpt":"Moral codes can be produced and enforced through markets or through organizations. In particular, Catholic theology can be interpreted as a…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"is-the-future-in-contract-manufacturing","summary":"","title":"Is the Future in Contract Manufacturing?","pubDate":"2009-06-09T06:29:29.000Z","categories":"","translateKey":"blogPost-34"},"excerpt":"The purchase of Opel by Magna shows the strength of contract manufacturers and their strategies, which I discussed with Xosé H. Vázquez in…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"organizations-and-markets","summary":"","title":"Organizations & Markets","pubDate":"2009-06-03T12:30:23.000Z","categories":"Regulation","translateKey":"blogPost-32"},"excerpt":"My posts as guest blogger at the Organizations and Markets blog, ranging from contract manufacturing to the future of capitalism. Some of…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"property-rights-titling-and-regulation-an-international-perspective","summary":null,"title":"Property Rights, Titling and Regulation: An International Perspective","pubDate":"2009-02-20T00:00:00.000Z","categories":"Property titling","translateKey":"publication-150"},"excerpt":"Discussion Link"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"building-market-institutions-property-rights-business-formalization-and-economic-development","summary":"Arruñada, Benito, Building Market Institutions: Property Rights, Business Formalization and Economic Development, A Social Change Manuscript Conference, Mercatus Center, George Mason University, Arlington, VA, February 2-4, 2009.","title":"Building Market Institutions: Property Rights, Business Formalization and Economic Development","pubDate":"2009-02-02T00:00:00.000Z","categories":"Contracts, Business formalization, Professions, Property titling, Title insurance","translateKey":"publication-148"},"excerpt":"The Mercatus Center welcomed Pompeu Fabra University Professor Benito Arruñada for a discussion of his manuscript, Institutional Foundations…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"will-doing-business-keep-damaging-business","summary":"","title":"Will ‘Doing Business’ Keep Damaging Business?","pubDate":"2008-04-10T14:33:26.000Z","categories":"Institutions, Law & Economics, Measurement, Op-ed, Public Management, Business formalization","translateKey":"blogPost-138"},"excerpt":"Arruñada, Benito (2008), “Will Doing Business Keep Damaging Business?,” Journal of Comparative Economics, in press. Accepted manuscript…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"regulating-the-conveyancing-services-market","summary":"","title":"Regulating the conveyancing services market","pubDate":"2008-02-26T09:32:16.000Z","categories":"Competition Policy, Law & Economics, Regulation","translateKey":"blogPost-30"},"excerpt":"In December 2007, the DG Competition of the European Commission made public a report on the reform of the provision of legal services in…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"pitfalls-to-avoid-when-measuring-the-institutional-environment","summary":"Second Workshop on Measuring Law & Institutions, Paris.","title":"Pitfalls to Avoid when Measuring the Institutional Environment","pubDate":"2007-12-15T00:00:00.000Z","categories":"Business formalization, Property titling","translateKey":"publication-1"},"excerpt":"Arruñada, Benito (2007), \"Pitfalls to Avoid when Measuring the Institutional Environment,\" 2nd Workshop on Measuring Law & Institutions…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"is-doing-business-damaging-business","summary":"","title":"Is ‘Doing Business’ Damaging Business?","pubDate":"2007-06-25T21:31:39.000Z","categories":"Business formalization, Institutions, Regulation","translateKey":"blogPost-26"},"excerpt":"Over recent years, both governments and international aid organizations have been devoting large amounts of resources to “simplifying” the…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"does-economics-hinder-managers-ability","summary":"","title":"Does Economics Hinder Managers’ Ability?","pubDate":"2007-05-31T09:49:10.000Z","categories":"","translateKey":"blogPost-17"},"excerpt":"In a paper with Xosé H. Vázquez we explore the consequences of using different behavioral assumptions in training managers on their future…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"judges-consistency-and-the-role-of-predictive-analysis","summary":"Workshop on \"Law & Economics for European Law,\" EALE & University of Luxembourg.","title":"Judges’ Consistency & the Role of Predictive Analysis","pubDate":"2006-11-10T00:00:00.000Z","categories":"Judiciary","translateKey":"publication-2"},"excerpt":"Arruñada, Benito (2006), “Judges’ Consistency & the Role of Predictive Analysis,” Workshop on “Law & Economics for European Law,” EALE…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"manufacturing-property-rights","summary":"Presidential Address, International Society for New Institutional Economics, Boulder.","title":"Manufacturing Property Rights","pubDate":"2006-09-23T00:00:00.000Z","categories":"Property titling","translateKey":"publication-3"},"excerpt":"Arruñada, Benito (2006), “Manufacturing Property Rights,” Presidential Address, International Society for New Institutional Economics…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"better-regulation-of-the-professions","summary":"Conference on \"Better Regulation of Professional Services,\" UK Department of Trade and Industry and European Commission, Brussels.","title":"Better Regulation of the Professions: The Cases of Notaries and Pharmacies","pubDate":"2005-11-21T16:14:36.000Z","categories":"Professions","translateKey":"publication-4"},"excerpt":"Arruñada, Benito (2005), \"Better Regulation of the Professions. The Cases of Notaries and Pharmacies,\" Conference on \"Better Regulation of…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"simplifying-business-formalization","summary":"XV International Conference on Register Law, Fortaleza, Brazil, November 7-10.","title":"Simplifying Business Formalization","pubDate":"2005-11-10T00:00:00.000Z","categories":"","translateKey":"publication-5"},"excerpt":"Arruñada, Benito (2005), “Simplifying Business Formalization,” XV International Conference on Register Law, Fortaleza, Brazil, November 7-1…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"negocios-integrados","summary":"Arruñada, Benito (2005), “Integrated Businesses,” El País, September 18, 4.","title":"Integrated Businesses","pubDate":"2005-09-18T00:00:00.000Z","categories":"Vertical integration","translateKey":"publication-112"},"excerpt":"Cuando se fusionan empresas que actúan como proveedoras y clientes en una parte central de sus procesos productivos decimos que se produce…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"the-institutions-of-property","summary":"Inter-American Development Bank, Washington DC","title":"The Institutions of Property","pubDate":"2003-11-20T00:00:00.000Z","categories":"Property titling","translateKey":"publication-8"},"excerpt":"Arruñada, Benito (2003), \"The Institutions of Property,\" Inter-American Development Bank, Washington DC, November 20. IADB: https…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"the-case-for-agnosticism-and-diversity-in-the-regulation-of-professions","summary":"European Commission’s Conference on the Regulation of Professional Services, Brussels.","title":"The Case for Agnosticism and Diversity in the Regulation of Professions","pubDate":"2003-10-28T00:00:00.000Z","categories":"Professions, European Union","translateKey":"publication-6"},"excerpt":"Arruñada, Benito (2003), \"The Case for Agnosticism and Diversity in the Regulation of Professions,\" European Commission’s Conference on the…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"judicial-rulemaking-in-western-law","summary":"George Mason University, Washington DC.","title":"Judicial Rulemaking in Western Law","pubDate":"2003-10-22T00:00:00.000Z","categories":"Judiciary","translateKey":"publication-7"},"excerpt":"Arruñada, Benito (2003), \"Judicial Rulemaking in Western Law,\" George Mason University, Washington DC, October 22."}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"auditoria-lecciones-de-una-crisis","summary":"Arruñada, Benito (2002), “Auditing: Lessons of a Crisis,” Expansión, May 27, 24.","title":"Auditing: Lessons of a Crisis","pubDate":"2002-05-27T00:00:00.000Z","categories":"Auditing","translateKey":"publication-114"},"excerpt":"El caso Andersen demuestra que el mercado sanciona a quienes defraudan su confianza. No sólo aprende de las crisis, sino que aplica…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"non-audit-services-let-an-informed-market-decide","summary":"Regulation should help the market to decide by providing additional information","title":"Non-Audit Services: Let an Informed Market Decide","pubDate":"1998-04-07T16:20:48.000Z","categories":"Regulation","translateKey":"blogPost-186"},"excerpt":"Arruñada, Benito (1998), “Non-Audit Services: Let an Informed Market Decide,” Accountancy, April, 63. Cost Savings Since its origins, the…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"spains-health-care-system-needs-surgery","summary":"Arruñada, Benito (1994), “Spain’s Health-Care System Needs Surgery,” The Wall Street Journal, August 2.","title":"Spain’s Health-Care System Needs Surgery","pubDate":"1994-08-02T00:00:00.000Z","categories":"","translateKey":"publication-124"},"excerpt":"Most users of the Spanish National Health System (SNHS) agree that it is mired in a deep crisis. But while massive reform efforts have been…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"la-reforma-imposible-de-la-sanidad","summary":"Arruñada, Benito (1991), “The Impossible Reform of Healthcare,” Cambio 16, 1040, Octuober 28, 62-63.","title":"The Impossible Reform of Healthcare","pubDate":"1991-12-28T00:00:00.000Z","categories":"","translateKey":"publication-131"},"excerpt":"Arruñada, Benito (1991), “The Impossible Reform of Healthcare,” Cambio 16, 1040, Octuober, 62-63. La actual organización de la sanidad…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"el-mercado-interno-de-salud-la-reforma-del-nhs","summary":"Arruñada, Benito (1991), “Internal Markets in Health: The Reform of the NHS,” Revista de Economía, 11, 80.","title":"Internal Markets in Health: The Reform of the NHS","pubDate":"1991-03-09T00:00:00.000Z","categories":"Healthcare","translateKey":"publication-75"},"excerpt":"Arruñada, Benito (1991), “Internal Markets in Health: The Reform of the NHS,” Revista de Economía, 11, 80. Desde su creación en los años…"}},{"node":{"frontmatter":{"lang":"en","template":"blogPost","slug":"firms-as-merchandise","summary":"Arruñada, Benito (1988), “Firms as Merchandise,” Cinco Días, July 27, 4.","title":"Firms as Merchandise","pubDate":"1988-07-27T00:00:00.000Z","categories":"","translateKey":"publication-136"},"excerpt":"Arruñada, Benito (1988), “Firms as Merchandise,” Cinco Días, July 27, 4."}}]}},"pageContext":{"slug":"blog","lang":"en","prefix":"","locales":["en","es"],"tag":"information"}},"staticQueryHashes":["3649515864"]}