Monthly Archives: September 2014

September 28, 2014

Innovation and Wealth

Luis Rubio Thomas Piketty’s book, Capital, has caused a sensation for the simple reason that it touches on a worrisome theme: inequality. His central argument is that capital grows much more rapidly than the product of work, that is: money reproduces itself with celerity and those who have it multiply it without cease. What Piketty […]

September 24, 2014

Mid-term Elections

FORBES – September 2014 Luis Rubio Who will win the mid-term elections of 2015? Will the PRI hold an absolute majority that could bring about a return to the old political system? It’s impossible to predict the result, but it certainly is possible to speculate about the elements that could produce diverse scenarios. The dynamic […]

September 21, 2014

Convulsions and Markets

Luis Rubio The world appears to be going into convulsions with decapitations of journalists, civil wars, the overtaking of sovereign territories and referenda that could alter long-standing national realities. The geopolitical changes in Crimea and Ukraine, the territorial reconfiguration that the ISIS is currently generating in Syria and Iraq (countries already immerse in bloody civil […]

September 14, 2014

Property and Development

Luis Rubio Mexico’s political and cultural tradition tends to hold in contempt one of the pillars of Western development. Property, that anchor of development first addressed, in philosophical terms, by John Locke, is much more transcendental than what we usually recognize. Certainty regarding the property that a person possesses determines his or her willingness to […]

September 7, 2014


Luis Rubio Which comes first, the person or the structure, the leader or the institution? The dilemma is debated in academic ambits and is not distinct from the old riddle of the chicken and the egg. There are times in which a specific individual can make an enormous difference, others in which the circumstances make […]