Stories written by lbraabo

Legal Intern at Garrigues

Double degree on Law and Business Administration at Pablo de Olavide University.

Participant in Moot Madrid 2014 on International Commercial Law and International Arbitration.

Erasmus Programme at Nicolaus Copernicus University (Torun, Poland).

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Why the bailout is not a pro-market policy

Bail out. Example of public intervention

Over the past few months and years, we all have heard others saying “We won’t pay your crisis” or “Rescue families, not banks!” on multiple occasions. The underlying idea in both cases is that people oppose commercial bank bailouts. Such bailouts, moreover, are often associated with libertarian or pro-market policies, but, we must question if […]

Would private pensions provide higher welfare to low income households?


People assume that the social welfare is essential to make sure that all the population has access to some basic life standards. One of the best examples of this belief is the public retirement pension. The idea that some segments of the population would never be able to have minimum life standards without the help […]

Financial crisis 2007: Market failure or Central planning mistake?

Financial Crisis

In the past years we have been reading that the financial crisis of 2007 was caused by the deregulation, avarice and the markets failures, and that these factors have occasioned the huge economic crisis we live nowadays. At least this is the official or accepted explanation. However, some of these elements are not even a […]

Are tax havens harmful for the society?

Are the tax havens harmful for the society?

“Tax havens make us pay more taxes.” It is common to hear this type of phrase which refers to States that offer lower savings taxation. But, are the tax havens harmful for the citizens of developed countries? In this article we intend to analyze the following: 1) Are tax havens inextricably linked to money laundering? 2) Are […]

Are the Central Banks a free market institution? The public money monopoly

Central Bank system

  What are Central Banks? Is it a public institution or a private institution? Are the Central Banks a free market institution? How much influence do they have on the Economy?  If they control and set up the interest rates, the inflation, the money supply, and even the periods of economic expansion and  downturn, do […]

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