US monetary policy

For the last 12 months there has been an increasing pressure over the Federal Reserve to move into a more contractionary monetary policy than before. The basis for such a case has been the apparently low absolute values of the Fed Funds target rates being in place and...

Chile: wrong way

Last Wednesday night we could watch, for the last time, a restrictive debate between the two remaining candidates for next January 15th presidential election in Chile. It was, in fact, the debate between a president – Mr. Piñera – and a candidate – Mrs. Bachelet...

Corruption in Chile ? Of course, but of a different kind

Every time a new survey over corruption and transparency goes published, Chile is usually well placed, especially with respect to our Latin American neighbors. And every time this event happens, those that rejoice on the significance of it should be reminded about the...