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La Falacia de la Civilización Occidental
A compilation of lectures by the liberal thinker Armando P. Ribas, which reflect the political philosophy in his historical, ethical, political and economic analysis. Dr. Ribas exposes the correct axiological order, thus demonstrating that the economy is merely consequential and dependent on ethics, politics, and the legal system derived from them
Entre la Libertad y la Servidumbre
In this essay, Dr. Ribas analyzes the philosophy and ethics that begat throughout history the free societies as compared to those which backboned intellectually 20th-century totalitarianism.
Rule of Law
There is a great confusion in the world and even more in that part of the world that considers itself as representing the Western civilization. This confusion arises in two realms: the semantics and the conceptual. The first of these confusions is the result of ignoring the ethical and the political philosophy antithesis between the Anglo-American philosophy and the Franco-German one. As Balint Vazsonyi once wrote, they are as different as day and night. At the same time, that philosophical confusion to which Dr Ribas refers as the syncretism of Western philosophy, is the pretentious nirvana of democracy in the West. Conceptually, democracy may be divided in two antithetical systems: the rul...
El fin de la idiotez y la muerte del hombre nuevo
Armando P. Ribas was born in Ciego de vila, Cuba, in 1932 and died in Buenos Aires, Argentina, in 2020. In 1956 he graduated as a Juris Doctor from Saint Thomas of Villanova University in Havana, Cuba. He later studied Law and Economics at Southern Methodist University and Columbia University in the United States. In Argentina, he worked as a journalist and economist and from 1889 to 1990 and was a Deputy in that country. This book clearly explains the ethical and non-economic antagonism between socialism and the misnamed capitalism, as well as the importance of liberty for the individual to achieve prosperity with justice and solidarity. The " illuminism" fallacy clearly emerges from the wo...
Argentina 1810-1880
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The 1994 Mexican Economic Crisis
This paper discusses the role of a country’s fiscal stance in weakening the financial underpinnings of an open economy with a quasi-fixed nominal exchange rate, even where the overall fiscal deficit remains unchanged, or even narrows. The paper cites the role of expanding government operations in reducing the relative price of traded goods. A marked increase in government expenditure and taxation is associated with increased production costs, excess demand for nontraded goods, and a deterioration in the financial health of the traded goods sector. The paper demonstrates that, in contrast to the current economic situation in Mexico, the period leading to the 1994 crisis closely parallels these stylized facts.
Los '90
The '90s have proved a frustrating experience for Latin America. More so to those who consider Liberalism to be the fairest political system. After a seemingly positive start, a series of unclear administrative practices ensued, plagued by lack of control and a steep growth of government expenditure, most for corrupt and clientelistic reasons. This situation -of high expectations about a Truth victory frustrated by political manouvers- immediately recalls Juan Bautista Alberdi's book "Peregrinación de Luz el Día, o Viajes y aventuras de la Verdad en el Nuevo Mundo"*. As a sharp publicist Alberdi identified his villains with thos most easily identifiable at his time: Tartufo, don Basilio de...
Capital Markets Under Inflation
Studies prepared for the International Seminar on Capital Markets under Inflationary Conditions, held in Buenos Aires in November 1981.
