Publication contributor
This archive contains published site articles attributed to Daniel Sardá. The separate Thinkers section contains historical intellectual profiles, not publication contributors.
Fundamentals
A nominal interest rate states the agreed interest on a principal amount, but it only becomes meaningful when its period, compounding frequency, and other terms are clear.
Fundamentals
Property is more defensible when its ownership can be identified, proven, and upheld under public and impartial rules.
Fundamentals
A price matters partly because of what it allows you to forgo. Relative prices turn that comparison between goods into a useful, though limited, signal.
Fundamentals
A plural society does not require approval of every idea: it protects the freedom to hold, debate, and organize around them without imposing an orthodoxy.
Fundamentals
Liberal neutrality does not call for a society without values; it asks the state not to use coercion to declare one way of life superior.
Fundamentals
The lack of gold convertibility does not make fiat money unlimited: constraints emerge through credit, demand, prices, and the rules governing those who issue money.
Fundamentals
An open society protects criticism and the peaceful correction of errors. Liberalism supplies the rights and institutions that keep that openness from depending on the goodwill of those in power.
Fundamentals
Spontaneous order explains how people pursuing different ends can coordinate without a single plan. One strand of liberal thought connects it to general rules, dispersed knowledge, and limits on power—without treating it as a promise of automatic justice.
Fundamentals
Personal autonomy allows people to direct and reconsider their own lives. Liberalism protects it without turning it into isolation or permission to harm others.
Fundamentals
Social cooperation relies on millions of decisions coordinated through prices, money, and contracts. Persistent inflation can make those signals less predictable.
Fundamentals
A constitution limits power only when its rights, rules, and mechanisms of review can operate against public authorities.
Fundamentals
A bank-account balance is not cash: it is a claim on a bank. Here is how bank money works and the constraints that shape its creation.
Fundamentals
Competition is neither an automatic promise of low prices nor the absence of rules: it is a process of rivalry that requires open entry and impartial rules.
Fundamentals
Remaining silent can be an autonomous, responsible choice; it can also be a preventive response to foreseeable or uncertain punishment. The difference matters for freedom of expression and public debate.
Fundamentals
Capitalism organizes much production through private property, exchange, prices, and enterprise. Understanding it requires distinguishing those mechanisms from real-world arrangements and political privilege.
Fundamentals
A constitution may be the highest rule in a legal system, but its primacy does not operate by itself: it requires procedures and institutions that make it enforceable.
Fundamentals
Choosing freely does not mean being able to secure any outcome: it requires real alternatives, information, and a sphere protected from arbitrary coercion.
Fundamentals
A guide to why a majority, a law, or a written constitution alone cannot protect freedom.
Fundamentals
A free newsroom decides what to investigate, how to prioritize it, and when to correct it according to professional standards—without treating autonomy as an exemption from rigor or responsibility.
Fundamentals
Having a life project is not about following a script or achieving every goal. It is about being able to deliberate, choose, and revise one’s own course within a framework that protects personal decisions.
Fundamentals
Freedom does not depend on an institutional vacuum, but on known rules, impartial judges, and effective limits on arbitrary power.
Fundamentals
Understanding the relationship between Bitcoin and monetary freedom requires separating the network's design from its economic, legal, and institutional effects.
Fundamentals
A constitution can organize power; constitutionalism requires that power face real limits that people can invoke.
Fundamentals
The rule of law subjects those who govern to public, general, and reviewable rules. Its safeguards make that restraint enforceable.