The 20th century was without any doubt, the most successful in human history. Under any metrics: economic growth, poverty levels, life expectation, education, etc. The economic and scientific growth was unprecedented. And in despite of two world wars, the world was more peaceful and equalitarian than any time in history.

The other day I went to Starbucks and I saw a kid (about 22 years old, I am in my 40s) ordering a Caramel Machiato without whip cream. When he received it, it had whip cream. He got upset and made a big deal about it. He started to yell…

I am one of those people who were lucky enough to celebrate his birthday right before all the madness of 2020 occurred with the pandemic. But that will not be the case in 2021.

And the thing is, if last year did not make us think a little bit more…

When humans learned to apply Mathematics, we experienced an economic and scientific growth. We all know the results in medicine, biology, physics and most recently in economics and finance, as well as other social sciences. And we barely discuss their influence in arts, such music, literature, cinema and.. freedom.

Mathematics…

“Keeping up with the Joneses” is a well known term in the United States, which means falling into a consumption race that is impossible to win. The Joneses used to be our neighbors, friends and family. When our neighbor bought a new car, we ran to a dealership to get…

I consider myself a Chess aficionado. I am not an expert nor a Grand Master. I play about ten or twenty games per week, some of them with my children. But I know I am little bit of a nerd when it comes down to calculating numbers.

We know the…

I am not a religious person. I am a catholic due to family and cultural tradition. Slowly, I started to become less religious as I started studying Ayn Rand, Carl Sagan and more recently, Steven Pinker and Neil DeGrasse Tyson.

It should not be a secret the problem with religions…

Imagina que vives en una tribu hace una decena de miles de años. Tu comunidad alcanza apenas unas 150 personas. En ese grupo tienes acceso al conocimiento, seguridad y alimentos de todos sus elementos. Cooperas al colectar frutas y verduras, o quizás seas uno de los cazadores o el curandero…

Cada vez que ocurre un acontecimiento como la muerte del afro-americano George Floyd que sacude a la sociedad en su conjunto; me hago a la tarea de empaparme de información y revisar cierta literatura para encontrar respuestas. …

¿Cuáles son las diferencias entre la crisis financiera del 2007–2008 y la crisis económica actual?

La recesión 2007-2008

Se le conoce también como “la gran recesión” y se origina en Estados Unidos en 2007 debido a una burbuja que surgió de una depreciación en los préstamos hipotecarios llamados “subprime". …

Alfonso Ochoa

Economist and nerd. Dad.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store