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Economics
Macroeconomics, inflation, debt, central banks and economic policy.
40 published articles
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Paraguay: The Bank and the State
The collapse of Ueno Bank has forced President Santiago Peña to resign on November 5, 2026. With nearly three million customers unable to access their accounts, approximately $850 million in public funds exposed, and allegations of conflicts of interest reaching the highest level
AnalysisRecent publications
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EconomicsCredit Rating Agencies: The Hidden Arbiters of Global Financial Confidence
Every year, a handful of press releases issued by three private companies are enough to move billions of dollars across global financial markets. A sovereign credit downgrade can immediately increase a country's borrowing costs, influence institutional investment decisions, and,
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EconomicsCapitalism: The Crisis of Performance Metrics
Is capitalism experiencing an existential crisis, or is it simply reaching the limits of the mechanisms that have sustained its expansion? The distinction is fundamental.
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EconomicsThe Great Economic Transformations Since the 18th Century: From Economic Doctrines to Empirical Reality
Global economic history is often presented as a succession of triumphant doctrines: mercantilism, liberalism, socialism, Keynesianism, neoliberalism, and, more recently, technological capitalism and state capitalism.