Recent publications have argued that the welfare state is an important determinant of population health, and that social democracy in office and higher levels of health expenditure promote health progress. In the period 1950-2000, Greece, Portugal, and Spain were the poorest market economies in...

Se comentan las ideas de los economistas poskeynesianos y neokeynesianos sobre las causas de la crisis actual, en general vista como una crisis financiera provocada por una deficiente regulación de los mercados financieros, aunque algunos poskeynesianos la consideran una crisis provocada por el...

Resumen Se comenta la visión del comercio y de la economía mundial de dos autores representativos de corrientes significativas del pensamiento económico actual, Ha-Joon Chang y Michael Spence, y se presenta un bosquejo de una visión alternativa. En la visión poskeynesiana de Chang, la...

Data on 251 quarters of the U.S. economy show that recessions are preceded by declines in profits. Profits stop growing and start falling four or five quarters before a recession. They strongly recover immediately after the recession. Since investment is to a large extent determined by...