Category Archives: Economics

[2017-10-05] Presentación del libro “Los doce apóstoles de la economía peruana”, de Francisco Durand – EST

[2016-09-29] Los nuevos doce apóstoles de la economía peruana – Otra Mirada

[2020-03-03] FED –  Currency Oblivion Coming – Mike Maloney

[2019-07-16] World Economic Forum Releases Guideline With 6 Ways To Evaluate Blockchain Benefits – Google Search

World Economic Forum Releases Guideline With 6 Ways To Evaluate Blockchain Benefits. The World Economic Forum (WEF) has recently announced new guidelines which are a set to be used in order to evaluate the blockchain technology and the main benefits of its application in businesses.

Source: World Economic Forum Releases Guideline With 6 Ways To Evaluate Blockchain Benefits – Google Search

[2020-01-31] How to Make Millions In the Next Market Crash – Valuetainment

[2020-02-08] Expresidente Ernesto Perez Balladares Nos Comenta sobre Política Privatización y el Futuro del Pais – La Opinión Panamá

Privatización

“The Use of Knowledge in Society” – Econlib

What is the problem we wish to solve when we try to construct a rational economic order? On certain familiar assumptions the answer is simple enough.

If we possess all the relevant information,
if we can start out from a given system of preferences, and
if we command complete knowledge of available means, the problem which remains is purely one of logic. That is, the answer to the question of what is the best use of the available means is implicit in our assumptions. The conditions which the solution of this optimum problem must satisfy have been fully worked out and can be stated best in mathematical form: put at their briefest, they are that the marginal rates of substitution between any two commodities or factors must be the same in all their different uses. [From “The Use of Knowledge in Society”]
Source: “The Use of Knowledge in Society” – Econlib

[2015-09-16] Hayek on the Use of Knowledge in Society – MRU

This video discusses Friedrich Hayek’s most famous essay titled “The Use of Knowledge in Society.” This essay first appeared in the American Economic Review in 1945 and focused on the division of knowledge in society. Hayek uses the example of the tin market to illustrate how prices communicate relevant information. If there is a disruption in the tin market, individuals don’t need to know specifics about the disruption, just that the price for tin is higher. As the price increases, individuals economize or look for substitutes. In this sense, no one plans prices or markets, rather it is the result of spontaneous order. Entrepreneurs seek profits and consumers seek to maximize their utility, which bring about the use and mobilization of decentralized knowledge.

[2019-11-14] Capitalism vs. Socialism: A Soho Forum Debate – ReasonTV

“Socialism is preferable to capitalism as an economic system that promotes freedom, equality, and prosperity.”

[2015-11-30] El FMI incorpora a la moneda china a su canasta de divisas – E&N

Fuente: Revista Estrategia & Negocios

Se suma al dólar, el euro, el yen y la libra esterlina en la canasta de monedas.

Source: El FMI incorpora a la moneda china a su canasta de divisas – Revista Estrategia & Negocios

La incorporación del yuan a la canasta de monedas será efectiva desde el 1 de octubre de 2016. Sin embargo el FMI ya determinó que su peso en la canasta será mayor que el del yen y la libra esterlina.

Con la moneda china, la cesta del FMI se compondría con 47,7% para el dólar, 30,9% para el euro, 10,9% para el yuan, 8,3% en yenes y 8,09% en libras esterlinas.