The Great Economics Debates

It was very interesting to reread this special issue of Le Point published last summer. This issue displays a journalistic article on one page and an abstract of a classic…

Eratosthenes by Sagan

How in the same moment a stick in Syene (Assouan, nowadays) casts no shadow and a stick in Alexandria, 800 kilometers to the North, would cast a very substantial shadow?…

Kurtosis Illustrated

Kurtosis tells you virtually nothing about the shape of the peak – its only unambiguous interpretation is in terms of tail extremity; i.e., either existing outliers (for the sample kurtosis)…

Burgernomics: Maps

Two important characteristics of maps should be noticed. A map is not the territory it represents, but, if correct, it has a similar structure to the territory, which accounts for…

Burgernomics: R codes and datasets

“Data! Data! Data!” he cried impatiently. “I can’t make bricks without clay.” Sherlock Holmes. The Adventure of the Copper Beeches, Sir Arthur Conan Doyle. In my previous post, I tried…

Burgernomics: clearly explained!

The rate of exchange between two countries is primarily determined by the quotient between the internal purchasing power against goods of the money of each country. The general inflation which…

Global imbalances and financial capitalism

Financialization is a set of related phenomena that reveal “the increasing role of financial motives, financial markets, financial instruments, financial actors, and financial institutions in the operations of domestic and…