This study aims at understanding the behavior of economic elites in the Third World. Because economic elites concentrate the property of physical capital in society, their actions influence the living conditions of the masses. The literature on the elite’s behavior is, however, very...

What is the relationship between science and economic development? This paper seeks to answer this question. In general, science plays a major role in development through engineering. Sciences are developed mostly in the First World. The Third World just applies that science to its development...

In the Latin American countries, there exists a paradox that is scarcely noticed: in the last decades, the education expansion has been significant, but the degree of inequality has not changed much. Is education a non equalizing system? This paper intends to resolve the paradox. Sigma theory is...

This article presents the critical analysis of the data base utilized in the study “The Employment Problem in a sigma society†(Documento de Trabajo 249, Economics Department, Catholic University, September 2006 and revised version, March 2007,...