Capitalism on Trial

Over 200 years have passed since the emergence of traditional liberalism, led by Adam Smith. In the modern era, capitalism has evolved into a different system. One that is overly individualistic and promotes inequality. One that favors finance over the real economy and yields recurrent crises. And adamantly seeks to maximize not profitability, but rents, […]


Will China’s Bubble Burst?

Some economists are debating about China’s economic bubble: not about whether the bubble exists (they concur on that point), but WHEN and HOW it will burst.  In your opinion, does this threat really exist? And what are the main risks for the international economy posed by the current situation of the Chinese economy?   Alfredo […]