Articles

Market Truths and Radical Reforms: A Journey Through Posner and Weyl’s Vision

Authors: Ivet Avilés Gil & Íngrid Avilés Gil Read the full article by downloading it below. 1. INTRODUCTION In recent decades, the market economy has demonstrated its capacity to allow for extraordinary technological progress and wealth creation, parallely to increasing structural inequality and institutional stagnation. This paper’s aim is to highlight the power of the…

The Early Economic Impacts of Transformative AI: A Focus on Temporal Coherence

Author: Xavier Farré et alt. Read the full article by downloading it below. Abstract This paper investigates the economic potential of Transformative AI, focusing on “temporal coherence”—the ability to maintain goal-directed behavior over time—as a crit- ical, yet underexplored, factor in task automation. We argue that temporal coherence represents a significant bottleneck distinct from computational…

C-ARIMA approach for assessing short run effect of 2018 China-US Trade War

Author: XIAN FORTES ÁLVAREZ You can download the pdf of the article below. ABSTRACT This paper examines the viability of using a forecast-based counterfactual ap- proach to evaluate the short-run economic effects of the 2018 US–China trade war, specifically causal ARIMA (C-ARIMA) modeling. Focusing on key U.S. macroeconomic indicators we construct time series forecasts based…

A HERMIT’S VISION: BEAUTY, SPIRITUALITY AND NATURE IN KAMO NO CHŌMEI’S HŌJŌKI

Author: Álvaro Gomis Messa Introduction The aesthetic pleasure generated by a walk in the forest or listening to the waves of the sea has been a topic that has interested and amazed numerous philosophers and thinkers. Some have linked it to spirituality and solitude, focusing on contemplation as a method to capture such beauty. This…

Resilience in Rebellion: A Systemic Study of Local Currency Emissions in Catalonia during the Spanish Civil War.

Author: JAUME MONCLÚS I BORI You can download the pdf of the article below. 1. JUSTIFICATION Monetary analysis allows historians to understand the underlying mechanisms in an economy (such as price fluctuations, the impact and outcomes of various policies, international exchange, movements in the financial market, economic cycles. . . ), becoming essential for any…

Analysis of the ESG wave in the Spanish stock market performance

Author: IVAN QUEROL ZAMORA You can download the pdf of the article below. ABSTRACT This paper investigates whether Spanish companies with higher ESG ratings have outperformed in the stock market from 2019 to 2024. Using Refinitiv’s ESG classification, we compare the financial performance of firms with high and low ESG ratings. Our findings indicate that…

Currency Chronicles: Brief Catalonia’s Monetary Evolution

Authors: JAUME MONCLUS I BORI Download the full article below: 1. Justification Throughout history, money has been the main human creation to promote and facilitate commerce and the existence and development of public and state infrastructures and services. The historical study of money brings us closer to the past, unearthing us to the structure and…

Heterodox Economics: The Austrian School

This paper explores the nature of Economics, examining its core definitions and delving into its philosophical underpinnings. Unlike the natural sciences, Economics lacks a universally accepted object of study and relies on fabricated indicators like GDP and inflation. The discussion highlights the Austrian School of Economics, which, rooted in praxeology and the a priori principles of human action as articulated by Ludwig Von Mises, presents a heterodox view. This perspective challenges conventional Neoclassical and Keynesian approaches, emphasizing logical deduction over empirical methods. Additionally, the paper critiques the use of mathematics in Economics from the Austrian viewpoint, arguing that mathematical models oversimplify human behavior and fail to capture the dynamic, subjective nature of economic interactions.