Lorenzo Bernaldo de Quirós is president of Freemarket International Consulting in Madrid, Spain. He is also an economic adviser to the Instituto de Estudios Económicos and serves on the board of directors of several companies and the editorial boards of several publications in Spain. Bernaldo de Quirós writes weekly columns for La Gaceta de los Negocios, a financial newspaper, La Razón, a national newspaper, and Epoca, a weekly magazine. His research interests include fiscal and monetary policy, the European Union, Latin America, globalization, and the history of classical liberalism. From 1998 to 2000, he was director of economic studies at the Cîrculo de Empresarios in Madrid. Prior to that, he was a managing partner at Global Strategies, a consulting firm, from 1993 to 1998. He was the director of economic studies at the Madrid Chamber of Commerce from 1987 to 1992. Bernaldo de Quirós holds a law degree from the Complutense University of Madrid and a Ph.D. in economics from St. Andrews University in Scotland.