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Economic Crisis

Written By: The Homo Economicus on July 18, 2009 1 Comment

There is a lot of uncertainty about the current economic measures of Obama’s administration, and this in turn brings – of course – a lot of criticism as well. One of the most well based criticisms – in my opinion – regarding the bailout to private banks is about moral hazard. If the banks know [...]

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Written By: The Homo Economicus on May 3, 2009 No Comment

The NINJA (no income, no job or assets)  crisis, as explained by its creator – Leopoldo Abadia – is the analysis of the causes of the current economic crisis explained in a very subtle and funny way. I am sorry, it is in Spanish, and I didn’t find it with English subtitles. If someone finds [...]

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