The reduction of pensions
Article published by José Alberto León in El Día on 06/28/15. The recent statements by the governor of the Bank of Spain, Luis Linde, who stated this Wednesday that the public pension distribution system “leads inexorably to a reduction in long-term pensions” have sparked great media controversy. Linde […]
Will Greece burst the bubbles?
Article published by José Alberto León in El Día on 06/21/15. In the 1980s, Shiller, awarded the Nobel Prize in Economics in 2013, showed that a simple investment rule can be established with which it is very likely to make money. Shiller showed that people's investment decisions are more responsive […]
a wonderful mind
Article published by José Alberto León Alonso in El Día on 06/14/15. A few weeks ago, John Nash, mathematician, Nobel Prize winner in Economics in 1994 for his contribution to Game Theory and recent Abel Prize winner in Mathematics, died in a traffic accident, the considered Nobel Prize in Mathematics, whose contribution to the sciences […]
The worst electoral system in the world
Article published by José Alberto León in El Día on 05/31/15. In the book “Why Countries Fail” by Acemoglu and Robinson, the authors conclude that countries grow economically if they are able to create “robust and well-designed inclusive institutions that, politically, guarantee participation and pluralism.” Otherwise […]
A prize for development economics
Article published by José Alberto León Alonso in El Día on 05/24/15. The French economist Esther Duflo has just won the Princess of Asturias Award for Social Sciences for her studies on development economics. Duflo has received numerous awards and honors for his work in experimental microeconomics, a discipline that seeks simple answers […]
Agriculture, development option?
Article published by José Alberto León Alonso in El Día on 05/17/15. The social demand to promote agricultural development as an example of diversification of the economy is recurrent. It is usually dotted with nostalgic references to the environmental benefits it would generate and the agricultural power we were, with ships full of fruits, flowers and […]
The polls were right
Article written by José Alberto León Alonso in El Día on 03/29/15. I wrote a few weeks ago about the usefulness of surveys. Polls and electoral barometers are a source of first-hand information about the political pulse of a nation. Sometimes the decision to bring forward the call or not depends on them […]
University suspension
Article published by José Alberto León Alonso in El Día on 03/22/15. This week the ISSUE Rankings (Synthetic Indicators of the Spanish University System) were published. These rankings aim to generate classifications of Spanish universities based on extensive sets of information, which cover the three main dimensions of their activities: teaching, research […]
Greece and game theory
Article published by José Alberto León Alonso in El Día on 02/15/15. Game theory is a branch of economics that studies decisions in which for an individual to be successful they have to take into account the decisions made by the rest of the agents involved in the situation. In […]
The ECB buys time
Article published by José Alberto León Alonso in El Día on 02/02/15. The European Central Bank (ECB) has decided to begin in March the purchase of sovereign bonds of the euro zone for eighteen months and for an amount of 60,000 million euros per month. Specifically, it will buy European government bonds with maturities between […]