Economic Policies Move in Cycles

To say that the economy moves in cycles doesn’t seem like a great discovery at this point. But here I am referring to the cycles that occur in economic policies. They are not new. In the 70s it seemed that inflation was inevitable and necessary to reduce unemployment, but then we had the worst of…
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Golden Workers

Amid a general concern – and rightly so – about youth unemployment, there is another reality that is going almost unnoticed: the share of those over 55 that are not working. Some of them are unemployed, others are retired or out of the labor market. The first thing worth noticing when looking at this data…
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The Tremendous Effects of Lehman Brothers’ Fall Five Years Later

The bankruptcy of Lehman Brothers was the starting point of the worst financial crisis in our recent history. The collapse of one of the most important banking institutions spread its effects worldwide. Are we still suffering the consequences of this surprising fall? Have the authorities implemented new measures to avoid another huge financial and economic…

Capital controls: the right time to talk about them?

In recent months, a number of emerging countries have been experiencing capital outflows. As expected, these outflows have tended to depreciate the currencies of emerging economies. More importantly, these outflows have also started raising doubts about the resilience of growth rates in the emerging world. Money started flowing out of emerging markets right after Ben…
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