Historical Economics

High up in the sky

The Skyscraper Fad of the 1920s

     With the start of the 20th century, America became one of the most powerful economies in the world. With an abundance of steel, iron, money and modern construction techniques, it seemed natural that the course of action was to build massive structures that would show the newly accumulated wealth.      Starting in Chicago in

A Tribute to Two Women Economist

This is an article that probably should have been published on March 8th. I recently read an article in the Economist entitled “Economics is uncovering its gender problem” that intended to express a quite often encountered reality: women participation in labor force is overshadowed. Economics is not the exception, and that is the reason why

Under the Shadow of the Great Recession – Room For Discussion

More on a decade following the most devastating financial crisis since the Great Depression. The effects of a crisis are experienced today. Its outbreak occurred on September 15, 2008, when the investment bank Lehman Brothers filed for bankruptcy. As of that moment, the United States collapsed and then the rest of the developed economies followed.

Sick countries and the IMF Rescues: The right prescriptions?

In 2018, Argentina received a loan package of $57.1bn, the biggest in the history of the International Monetary Fund (IMF.) It was aimed to recover the peso and from a state of recession. Also, Ecuador obtained a $10.2 billion finance deal intended to stabilize the economy and help to pay its debts. However, in recent months the