Category archives: Economics

Research funding: big vs. little science

Research funding: big vs. little science

EconomicsSociology

By Jorge Mejías

With the delicate economical situation that many developed countries are experiencing in the last years, a significant number of questions and concerns have been risen about how to properly assign and distribute funding to scientific institutions and research group leaders. In particular, a relevant question for science funding could be how to optimize the scientific […]

Distribution, demand and growth

Distribution, demand and growth

Economics

By Ricardo Molero-Simarro

The relevance of demand factors for explaining growth was stated almost simultaneously by Michal Kalecki and John Maynard Keynes in the 1930s. The main conclusion of the theory of effective demand is that spending determines income. Keynes stated that the marginal propensity to consume decreases when total income growths. Kalecki considered different propensities to consume […]

Ownership control, transnational corporations and financial power

Ownership control, transnational corporations and financial power

Economics

By Nacho Álvarez Peralta

Power has always been an issue of particular importance for the social sciences, in general, and for Political Economy in particular. Many studies in this field, from different approaches, have wondered about the nature, structure and sources of power. Particularly noteworthy are those authors –such us Susan Strange, Stephen Gill of Ulrich Beck– who have […]

Legos and motivation

Legos and motivation

EconomicsPsychology

By Isabel de la Fuente

At my workplace, we received recently a survey to measure our engagement at work. We were asked to evaluate different aspects of our daily job, such as the work atmosphere, productivity, performance…, and each question would accumulate points for our working team. For those items in which our team scored less, we were required to […]