At the World Congress of Economists (IEA) the anti-liberal battle of Nobel Prize winner Joe Stiglitz made great strides forward and even the Monetary Fund today has a flexibility it did not have in the past - But there are still two big…
AN ECONOMIST/AN IDEA - According to Jeffrey Frankel of Harvard University, to curb the volatility of commodity prices we need commodity bonds issued by exporting countries but with an active role of the World Bank: from Jamaica's aluminum securities to…
AN ECONOMIST/AN IDEA - There is much talk of the Tobin tax and the Washington Consensus but the economist John Williamson dots the i and clarifies that the meaning that the two terms have assumed in the language of the media is profoundly different from…
AN ECONOMIST / AN IDEA . According to the World Bank economist, Celestin Monga, to understand the relationship between the US and China we need to brush up on Hegel's master-slave dialectic: one can no longer do without the other and can no longer change the model of…
AN ECONOMIST/AN IDEA - According to Mehrling, the author of The New Lombard Street, the crisis has its origins in financial globalization without adequate rules and is changing the role of central banks, which from lenders become buyers of assets and from Bank of…
AN ECONOMIST/AN IDEA - It is not austerity but growth that can lead us out of the crisis: two Nobel prize winners like Joseph Stiglitz and Paul Krugman say so - But it is still hard to understand that true growth has…
AN ECONOMIST / AN IDEA - According to Lazonik, economist at MIT and winner of the Schumpeter prize, "sustainable well-being" is represented by growth that guarantees stable employment and a fair distribution of income - But all this is incompatible with the paradigm of…
AN ECONOMIST / AN IDEA - The term coined by Chinn and Frieden in "Lost Decades: the making of America's Debt and the long recovery" perfectly symbolizes the economic and social tsunami that devastates banks, businesses and consumers when the fueled bubble bursts…
AN ECONOMIST / AN IDEA - From Ricardo to Krugman and back - According to the "twice new" theory of international trade, the success of companies and countries now depends more on training and the ability to attract talent than on the offshoring of…
AN ECONOMIST/AN IDEA - According to Nobel Prize winner Arrow, in order to eliminate information asymmetries on the market, it is essential to oblige financial intermediaries to offer maximum information to everyone, especially on the debts of those (such as investment banks and hedges)…