Author: Carles Magrinyà Torrell Read the full article by downloading it below. INTRODUCTION Thomas Robert Malthus (1766-1834) was an Anglican clergyman. Born into a wealthy family, he grew up surrounded by the elites of his time and would go on to become a leading thinker himself. His most famous work “An Essay on the Principle…
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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.
AI, Science Automation and Explosive Growth
Author: XAVIER FERRÉS and MILANA LISICHKINA Read the full article by downloading it below. ABSTRACT Advanced artificial intelligence could cause the automation of many areas currently dominated by humans, including science. This paper argues for the view that if AI was capable of automating science, then explosive growth, i.e. at least 30% GWP yearly growth,…
A study on the determinants of growth and political stability in the neoclassical model framework
Author: ROGER CASAS RIU Read the full article by downloading it below. 1. INTRODUCTION 1.1 Theoretical Framework: Convergence in Neoclassical Growth Models In alignment with contributions like Robert J. Barro’s Economic Growth in a cross section of countries (Barro, 1991) the main scope of this project is to study whether or not convergence, as predicted…
Why Economics: Business & Finance
Amb Luz Parrondo i Ernest Solé Author: JAUME VIÑAS I TARRADAS | From Why Economics 2024 En certs punts de la història podem observar canvis tecnològics que han capgirat l’statu quo econòmic i han creat un nou paradigma de treball. Tot i que la revolució en les intel·ligències artificials i les criptomonedes pugui semblar relativament…
The rise and fall of Silicon Valley Bank
Author: JOSEP SABATÉ TOMÀS Read the full article by downloading it below. Abstract This article analyzes the collapse of Silicon Valley Bank from a multidimensional perspective. Firstly, it examines the fundamental characteristics of the bank, including its failed investments in securities and lack of diversification. Additionally, it explores external events that significantly impacted the bank,…
State intervention in the economy
Authors: XÈNIA ALEMANY, SOFIA GROIZARD
The article introduces the discussion on the necessity of state regulation of the market through a micro level and at a macro level using mainly the statements of Keynes and Friedman, two opposite economists on the topic. The essay goes through the pros and cons of each part and ends up on a state intervention position.