​Policy Library

Introduction In the traditional model of the neoclassical school, among the assumptions that would characterize the market is that of...

It's not about the money, money, money We don't need your money, money, money, money We just wanna make the world dance Forget about the...

Inflation happens when the prices of goods and services go up over time, which makes money less valuable. As a result, people need more...

What are externalities? For answering in an elevator We call externalities the impact that a given economic action generates on third...

Introduction Today in the morning you got dressed, had breakfast, brushed your teeth, took public transportation or a car to get to work...

Introduction What types of “development” do you know? You may have heard of personal development, professional development, or others,...

Introduction To explain different concepts and mechanisms, economists usually use “models”: a simplified representation of economic...

On sacred competition Competition is one of the most important institutions - if not the most important - of capitalism. In fact, for...

The growth projection Do you have any idea what the size of the national economy is going to be in two years? Unless you have a crystal...

Introduction If we talk about public policies, we cannot avoid mentioning the concept of “anti-dumping”. One of the most widespread...

Introduction I can imagine a more or less elastic thread, a pair of pants that is elastic at the waist, or a T-shirt made of elastic...

The link between two key variables of the economy Some relevant surnames have transcended the lives of numerous economists who have...

Introduction Do you know where the cell phone you are now holding in your hand was made? The car you were riding in yesterday? The table...

Introduction Can a country be sick, and can increased exports and economic growth be detrimental to an economy? What happened in the...

Gini coefficient and inequality Although in most economic analyses averages are used (an average of how much the economy grows, an...

Tax system and types of taxes The main mechanism for the collection of revenue by the State is taxation. It is an imposition on...

Introduction Did you know that there are public goods that are not owned by the state? In economics we call “public goods” a class of...

Is legal equality enough? Even though we are all equal before the law, in many countries of the world there are still structural...

Introduction Most of the world's Central Banks have among their attributions that of guaranteeing or at least pursuing price stability....

Introduction We know that governments have three main ways of financing their expenditures: taxes, monetary issuance, and the issuance of...