Global macroeconomic fluctuations: some comments

November, 2009
Autor: 
Daniel Heymann
Adrián Ramos

This article discusses the nature of economic crises and stresses that they are not predictable events that confirm expectations, but shocks that generate revisions in attitudes and opinions. It highlights that crises are generated by the economic system itself, with failures in risk assessment as a common element. (Only abstract in English)