Paradise Papers:

Recently, the public debate has focused on tax paradise: what are they? It's hard to pin down an exact definition. Tax haven is the term usually used in the media and public, whereas the industry would prefer the term offshore financial centre (OFC). It is essentially a financial jurisdiction outside the regulations of your own … Continue reading Paradise Papers:

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How economics saves you from traffic

The C40 is a gathering of 91 metropolis from all over the world, at the moment directed by Anne Hidalgo. The mayor of C40 have reached, the 23rd of October, an agreement: to transform their cities in greener, healthier and clean energy based territories. In Paris for the annual summit Together4Climate, the mayor of Paris, … Continue reading How economics saves you from traffic

Why we need feminism in economy

After the Weinstein case, it has been brought to the public attention the condition of women in the show business. What about women position in the economic environment? Alice H. Wu is a new graduate at the University of California and will start her doctoral studies at Harvard next year. In her award-winning senior thesis, she … Continue reading Why we need feminism in economy

The Catalan’s independence: who’s wrong and who’s right?

On October 1st the autonomous Spanish region of Catalonia held a referendum on independence, despite fierce opposition from the central government, which said that the vote violated the Constitution. Hundreds of people were injured in clashes with the police during one of the gravest tests of Spain’s democracy since the end of the Francisco Franco's dictatorship … Continue reading The Catalan’s independence: who’s wrong and who’s right?

The cost and the benefit of a rocket

We can all agree that, although the market is a very efficient tool to allocate resources, there are some cases, such as education and wealth, where the government intervention is, if not essential, certainly highly required. But how can the government understand what people want and what people need? How it should invest, and how … Continue reading The cost and the benefit of a rocket

What is a Lender of Last Resort?

A Lender of Last Resort (LLR) is an institution, usually a country's Central Bank (like the Federal Reserve in the United States), that offers loans to banks or other organizations that are having financial difficulties or that are near a collapse or a bankruptcy. Generally, LLRs borrow money to those companies or financial institutions whose … Continue reading What is a Lender of Last Resort?

Donald Trump: “you understand the expression prime the pump?”

Donald Trump conducted an interview on May 4 with the Economist. Here follows the accurate transcription: [talking about his tax plan] But beyond that it’s OK if the tax plan increases the deficit? It is OK, because it won’t increase it for long. You may have two years where you’ll…you understand the expression “prime the … Continue reading Donald Trump: “you understand the expression prime the pump?”