The myth of GDP (1)

>>Haga click aquí para la versión en Castellano GDP QUESTIONED How to go beyond the gross domestic product? Pursuing an actual modern reflection of wealth means finding tools to move away from an excessively quantitative, restrictive and accounting outlook to assess the collective performance. Changing indicators of wealth while we amend our way of production… More The myth of GDP (1)

Economics of Happiness – An Alternative to the Crisis?

First published Oct 6, 2010. Updated July 5, 2013 The US Declaration of Independence of 1776 states that “the pursuit of happiness” is an “inalienable right”. The economics of happiness aims to reconsider the traditional measurements of well-being, by identifying the variables influencing private well-being in order to implement public policies more susceptible to satisfy… More Economics of Happiness – An Alternative to the Crisis?

Negative externalities and taxes: a contribution to the debate on “junk food”

First published Aug 16, 2009. Updated June 13, 2013 >> Haga clic aquí para la versión en castellano Alcohol and cigarette products are usually subject to high taxes. This occurs because the economic theory acknowledges that the price of these products does not reflect the true social cost of consumption. Thus, a Pigovian tax [1]… More Negative externalities and taxes: a contribution to the debate on “junk food”

The political economy of networks

AN « EXCESS »  OF DEMOCRACY  (2/3) Networked forms of the 1960s/70s were distinctive because essential to their origin, character and sustainability were values of solidarity, equality and democracy. Consciousness of these origins could help us now, when networked organizations are everywhere, to distinguish between the instrumental use of the concept of network in essentially undemocratic… More The political economy of networks

Multinational Corporations (& 2)

II. How does multinational conduct affect the human backdrop Once considered dangerous and untrustworthy by governments, corporate enterprises are now the key players in the globalized economy, exerting substantial influence over governments and international organizations the world over. Their financial success seems endless; despite a widespread economic downturn in recent years, corporate profits are at… More Multinational Corporations (& 2)

Multinational Corporations (1)

Multinational Corporations are the main actors driving economic globalization which thrives when market forces are de-regulated, allowing essential goods and services to be allocated by commercial activity, not human need. The result is a world economy that favors affluent countries and their corporate interests whilst neglecting those living in extreme poverty who the market fails… More Multinational Corporations (1)

The Need for Radical Change

THE FUTURE OF MONEY (4/4) Proposed solutions to the financial crisis tend to involve more regulation and the break up or separation of banking activities, but these merely scratch the surface. The financial sector is not only too big; it embodies massive contradictions. In particular, the social role of finance makes it impossible for monetary… More The Need for Radical Change

Finance Is Not Private

THE FUTURE OF MONEY (1/4) The global economic crisis in progress has naked the contradictions of privatised finance. If taxpayers have to bolster the system when it fails, why should they not also have control over the supply and allocation of money in the first place? At the height of the financial crisis, the total… More Finance Is Not Private

Rehabilitating the African Civil Service

THE AFRICAN GOVERNANCE CRISIS (3/4) The customary  problems  of  public  sector  ineffectiveness  due  to  erroneous  reform movements – leading to a reduction instead of a reinforcement of the system – and the ongoing  danger  of  corrupt  public  officials,  give  reason  to  speculate  about  more successful policies for the reinvention of the African public administration. In… More Rehabilitating the African Civil Service

The Consequences of Reforms on the African Civil Service

THE AFRICAN GOVERNANCE CRISIS (2/4)  “Since the late 1980s, many African countries have been reforming their civil services (…) Unfortunately, these reforms have not been very successful because of faulty diagnosis and prognosis. They have failed to tackle the major problems confronting African civil services.” (1) Before the analysis of African public administration reforms can… More The Consequences of Reforms on the African Civil Service