Today I want to talk about one simple economic phenomenon that calls my attention. Similar to what you can read on this article, the following shows a simple table with the median price of a house in the US in different periods of history, the median income, and the expected years it would take to ….  Read More

I have been thinking lately about how exogenous shocks affect the economy. To do that, we need to consider first what a shock is in itself. Life sometimes brings surprises, which can be good or bad. Furthermore, these surprises are sometimes expected and sometimes they are not. For example, when your grandparent dies, it is ….  Read More