Carlos Rodrigo

Economy

Stock vs Flow

A stock is measured at one specific time. Flow is roughly analogous to rate or speed in this sense.

The Lucas Paradox

The Lucas paradox or the Lucas puzzle is the observation that capital does not flow from developed countries to developing countries.

How to get paid when you invest in an asset

There are two and only two ways to get paid when you invest in an asset.

It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest. – Adam Smith

Valor y precio

Una de las distinciones más importantes que debemos tener muy presentes, es en mi opinión, la diferencia entre valor y precio.