From the effects of populism throughout the New and Old World to Russia´s slow, but steady positive growth, the IMF’s economic predictions for 2017 have had to take into account the geopolitical volatility. Frankly, it is hard to know what we can expect with so many unexpected precedents. In Europe, all eyes will be on […]
The Sharing Economy: An Ocean of Unconscious Cooperation
The sharing economy is a topic of hot debate. It means different things to different people. For investors, firms like Uber and Airbnb offer tantalizing market capitalizations. For visionaries, the peer-to-peer transaction model represents a new, post-capitalist economic reality. Meanwhile, critics see the rise of these services as just another brick in the winner-takes-all wall. Whatever […]
Inequality from the Inside Out
We cannot rely on a market economy driven purely by individual interest to remedy an unjust situation …
The Fight Against Creative Destruction
Uber – an app that links private taxi drivers with customers – has encountered several roadblocks around the world …
Securitization Makes a Come Back: Haven’t We Learned from the Crisis?
Even after having been identified as one of the culprits of the 2007-2008 financial crisis, securitization is making a come back, with support of some central bank officials. Why? Securitization refers to the pooling and repackaging of assets in securities with claims on the cash flows generated by the asset. The final product of such […]