Chilean Elections and Social Inequality

Last month I went to Chile to vote in the national presidential election held on Nov 17.  This was the second time that I voted in my country.  The previous one was years ago, when Pinochet asked Chileans to vote “yes” or “no” as to whether they supported his brutal regime against the United Nations’ […]

Will Cyprus exit?

Last week, Paul Krugman argued here that Cyprus must leave the euro. “The convenience and efficiency of a single currency is gone; meanwhile, the future for Cyprus on the euro is one of years of grinding deflation and catastrophic austerity. Is the hope of someday, somehow restoring the status quo ante enough to justify all of this?,” […]