A libertarian’s proposal for sound fiscal balance and monetary stability in the short-term
AI and its consequence on labor market’s structure. How important is it to update your skills portfolio?
Javier’s Milei’s election sparks the debate on how a nation should be administered back to the main scene, the Austrian school’s most prominent practitioner today likes to move against the current, could his strategy work? Although speaking broadly about Austrian economics may lead to diversions to philosophy, this article intends to abstain from such discourse […]
Can Russia sanction-proof its economy? A comprehensive idea of the sanctions imposed on Russia and consequent countermeasures.
Goldman Sachs economists suggest that over 300 million jobs could be affected in the next decade, while McKinsey’s analysts call people to update their skills portfolios amid potential risk of labor displacement. The rapid introduction of AI in production technologies and services has been seen as the harbinger for job losses specially for low skill […]
Availability Cascades on Government expenditure
The Russo-Ukrainian conflict undermines all past efforts of international cooperation, interdependence, and peace-seeking accords, proven to be everything but binding in the eyes of Russia. The international community has already stated that sanctions will be imposed on Russia. What are these sanctions? what is their potential impact? What can Russia do to minimize it? This […]
‘‘Policy is almost ultimately about people, what they want and what is best for them’’ Daniel Kahneman. Expansionary fiscal policy is very common nowadays. High levels of government expenditure that aim at stimulating the economy by creating demand according to Keynesian macroeconomics are frequently used at the expense of fiscal deficits. However, government spending […]