One step away from nuclear "war"

Article published by José Alberto León Alonso in El Día on 03/20/16. On March 10, the Governor of the European Central Bank (ECB), Mario Draghi, surprised the markets again with six measures that the most cautious analysts describe as "artillery" in the "war" against the economic crisis in Europe.

Zero Tolerance

Article published by José Alberto León Alonso in El Día on 13/03/16. “There is one way to tell if a man is honest: by asking him. If he says yes, he's a scoundrel,” Groucho Marx said. Gary Becker, who received the Nobel Prize in Economics for extending microeconomic analysis to a wide range of human behaviors such as […]

Blockade

Article published by José Alberto León Alonso in El Día on 31/01/16. Six weeks have passed since the holding of the general elections and the Spanish political situation is absolutely blocked. 42 days after 20-D Spain does not have a government with full powers at the head of the country. It is assumed that in this [...]

A new era for Argentina?

Article published by José Alberto León Alonso in El Día on 11/29/15. Argentina is a disconcerting country. Nobel Prize-winning economist Kuznets illustrated this specificity when he said that there were four types of countries: developed, underdeveloped, Japan and Argentina. Argentina is the only formerly developed country that has managed to leave this exclusive group […]

The Council of the Autonomies

Article published by José Alberto León Alonso in El Día on 11/15/15. In the book Why Nations Fail, by Acemoglu and Robinson, the authors conclude that countries grow economically if they are able to create “well-designed institutions that, politically, guarantee participation and pluralism.” Otherwise they end up stagnating, […]

Sanity and madness

Article published by José Alberto León Alonso in El Día on 09/21/2015. The book The Accounts and Tales of Independence by Josep Borrell and Joan Llorach recalls the fable of the milkmaid embodied by the independentists, analyzing their arguments in favor of the independence of Catalonia, and concluding that they have been deceiving […]

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 […]

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 […]

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 […]

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 […]