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Circular economy. An innovative approach to the environment
“Circular Economy” is one of those fashionable words that has settled in our vocabulary and is serving to set the tone for environmental policies in European countries. But what is it and why is this new concept so relevant? In a simple way and to understand each other, a circular economy is an economy without…
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The Basque economy also grew in the fourth quarter
According to quarterly short-term report prepared by the Department of Treasury and Finance of the Basque Government, in the fourth quarter of 2014, the Basque economy intensified its growth rate until reaching the interannual variation rate at 1.9%, half a point above its previous value. With this, it chains four quarters of increasing increases, from…
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Does competitiveness solve market failures?
Microeconomics Professor Jeffrey Ely from Northwestern University explains two reasons why markets can be inefficient. The first problem we face has to do with incentives. In any transactionbuyers and sellers in any market have incentives to manipulate prices to get a good ask (higher the better) or buy (lower the better) price. The second problem…
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Deusto gets hooked on industry 4.0
Laying of the first stone of DeustoFabLab with the presence of the Mayor of Bilbao[ /caption] On March 27, the first stone of the laboratory was laid digital manufacturing Deusto FabLab sponsored by the University of Deusto and the Bizkaia Provincial Council to promote creativity, innovation and design in the development of new products, services…
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The AVE in times of cholera
FEDEA has prepared a study on the cost of high-speed rail in Spain and its social profitability. The report has been prepared by Ofelia Betancor (University of Las Palmas de Gran Canaria) and Gerard Llobet (CEMFI). It analyzes the social and financial costs and benefits of high-speed lines currently operating in Spain. The analysis confirms…
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The earth speaks!
Actor Edward Norton gives a voice to the land in this saga of videos made by the environmental organization Conservation. The saga is titled Nature is Speaking and celebrities such as Julia Roberts, Harrison ford and Kevin Spacey among others give voice to different parts of the planet to make a criticism and try to…
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Public commitment to R&D in the Basque Country: Show me the dough!
In any public policy, the key is not in the discourse, but in the economic resources that are allocated to it. These are the unequivocal proof of the real commitment acquired. The science and technology policy of the Basque Country (PCTI Euskadi 2020. A Smart Specialization strategy) recently approved by the Basque Government deserves a…
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R&D financing. Loans are not for everything
A very significant percentage of the annual budgets that the State allocates to the promotion of R&D is channeled through financial aid that the recipient has to repay in one way or another (62.4% in the General State budgets of 2015). Especially in times of crisis, this type of financial instrument generates great controversy. Detractors…
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R&D financing. Loans are not for everything
A very significant percentage of the annual budgets that the State allocates to the promotion of R&D is channeled through financial aid that the recipient has to repay in one way or another (62.4% in the General State budgets of 2015). Especially in times of crisis, this type of financial instrument generates great controversy. Detractors…
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Put it on the ground!
Keep it in the ground is a campaign promoted by The Guardian which aims to raise awareness among two of the largest international foundations (The Bill and Melinda Gates Foundation and the Wellcome Trust of Jeremy Farrar and Sir William Castell) to defund and divest all their money from companies dedicated to finding and exploiting…