2024-09-12 02:53:00
The Argentinian University of Commerce (UADE) awards this Wednesday a Ph.D. for honor To the famous economist Cardo Arriazuhas extensive international experience. In his speech, the analyst said it was a “well-deserved honor, a caress to the soul” and spoke of his life and work experiences, emphasizing institutions, families, historical and economic analysis, alongside other social and political Necessary conversations took place.
Arriazu commented: “Thirty years ago I heard a great economist from Tucumán, Victor Elias, introduce a Nobel Prize winner, Franco Modigliani, who basically It says, “To achieve this, you need good teachers, good colleagues, and good students. I’m lucky to have those three things, but I think Victor forgot two things in order to achieve this.” You have to have a great family and friends,” he said excitedly. The expert assures that the economy is a toolbox “for trying to improve the conditions of human life” in order to find freedom..
Therefore, he mentioned Society seeks to resolve conflicts through institutionsbecause “the availability of goods and services is not enough” and human beings actually seek to satisfy their right to “happiness”. He then recounts his academic journey from Tucumán and Mendoza to Chicago and Minnesota, where He detailed inconsistencies in his ideas, which had changed over the years.
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For example, he talked about Defend float, then understand that actually “it depends on the country”. Remembering Milton Friedman interrupting him in the U.S. Congress to say that “floating exchange rates are possible in big countries, but Argentina doesn’t necessarily have to have a currency,” he concluded: “I quickly realized something wasn’t working for me. Modeling doesn’t turn me off”. “That’s where I made what I consider to be my greatest contribution. It’s not a cube, it’s not a plan, it’s actually The flow approach to aggregate economics”, which he defines as “very powerful” as he continues to use it “to explain Argentina and the world”.
brand new doctor Define Plato as a “developmentalist, soft money man“. “He convinced the King of Syracuse to issue currency worth three times its physical value. To make it work, it gave the state a monopoly over the currency and imposed absolute exchange controls. We are Argentines and we know exchange controls are How it works,” he added jokingly: “Plato created a novel of hyperinflation The king of Syracuse sold him into slavery and his students had to buy him,” he said.
“Aristotle was an advisor to Alexander and he told him very clearly: ‘If you must have an empire, you must have a currency that circulates throughout the empire and maintains its value.’ Aristotle was a hard money man. It was then that I realized that one cannot ignore history.“I finally came to the conclusion that one cannot separate economics from the other sciences,” Ariazu recalled. One cannot develop an economic plan in a vacuum and ignore political and social implicationsjust like politicians cannot develop political plans that ignore the economy,” he explained.
“Deep in my heart, Separation of the races was inevitable, but it was a mistake. In this way, I went back 200 years and turned to classical economists. I think we have to pay attention to the dynamics of all the variables. Every day I continue to learn and see what else I need to add, what more I need to learn. What I just told you is my life experience, but it is basically a lesson for teenagers. You shouldn’t just take textbooks away”, he posited to the audience at the awards show.
Finally, he concluded: “In terms of monetary policy, it’s customary to say ‘it takes 12 months for monetary policy to have an impact.'” Lie, that’s in the United States, so the supply and demand differences are obvious. In Argentina, it takes a week. It cannot be ignored that Argentina is a dual-currency economy. I cannot accept tips given to me by countries that do not understand how a two-currency economy works. What I want to tell you is One must use instruments, keep an open mind and learn as much as possible. This is what hurts me throughout my life. Thank you very much,” he concluded his speech.
Who is Ricardo Arriazu?
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Economist, Ph.D. for honorcompleted undergraduate and graduate studies at the University of Tucumán, the University of Cuyo and the University of Minnesota. He has been honored for his career by the Etilpu Foundation, the Tucumán Foundation and the Faculty of Economic Sciences of the National University of Tucumán. He was appointed professor emeritus by the Pontifical Catholic University of Argentina. He is a member of the Ibero-American Forum. He has lectured in many countries around the world and at prestigious universities such as Harvard University, University of Chicago, Johns Hopkins University and Bocconi University.
He has served as a consultant to companies and governments in several countries Represents Argentina on the Board of Directors of the International Monetary Fund and the G20. He is a founding partner of Estudio Ricardo Arriazu y Asociados, a firm specializing in international economic analysis and finance with clients in Argentina and other countries. He has served on the Board of Directors of Bansud (Argentina), Banacci (Mexico), Nasdaq (USA) and Sonae (Portugal). He is the author of more than forty books and articles.
Arriazu said Mire‘s fiscal adjustment was “cruel” and that cutting spending to 7% of GDP “he is crazy” He is one of the current president’s favorite economists, Javier Miley. Last month he warned “If we devalue, the whole plan is over, Milei is over, everything is over”. He also stressed that he was surprised by the liberal president’s positive image given “falling real wages, falling employment, falling economic activity.” “It has to do with Argentinian society having enough time because it is willing to give it time. But everything is based on hope. Inflation is expected to fall and economic activity to gradually pick up. If that doesn’t happen, we have a political problem.”, he commented at a luncheon of the Rotary Club of Buenos Aires.
Likewise, he recommended “gradual unwinding” of traps. Although “I hate it,” “if they open stocks and go public, we’re automatically going to have hyperinflation,” he noted. He said current poverty levels were “horrendous” and “catastrophic” and “the only planned way to eradicate poverty and extreme poverty is through growth”. He already pointed out in April Mire’s fiscal adjustments were “cruel” and the government went “crazy”, cutting spending by 7% of GDP. “You don’t need that much. I don’t know if they did it voluntarily or if it happened by accident. I think they hit him as hard as they could and it worked out well for them. If the economy recovers, revenue will increase. The government must increase pension spending and reduce taxes such as PAIS and withholding tax. people need money“, hold on.
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Ricardo Arriazu: A Renowned Economist and Recipient of Honorary Ph.D.
The Argentine University of Commerce (UADE) has recently awarded a Ph.D. honoris causa to the distinguished economist, Ricardo Arriazu [[3]]. This prestigious award is a testament to his extensive international experience and contributions to the field of economics.
A Career Marked by Excellence and Critical Thinking
In his speech, Arriazu reflected on his life and work experiences, emphasizing the importance of institutions, families, historical and economic analysis, as well as other social and political implications. He quoted Victor Elias, a great economist from Tucumán, who introduced him to Nobel Prize winner Franco Modigliani, stating that “to achieve this, you need good teachers, good colleagues, and good students.” Arriazu added that having a great family and friends is equally essential [[3]].
Economy as a Toolbox for Human Freedom
Arriazu believes that the economy is a toolbox “for trying to improve the conditions of human life” and achieving freedom. He stressed that society seeks to resolve conflicts through institutions, as the availability of goods and services is not enough to satisfy human beings’ right to happiness [[3]].
Academic Journey and Contributions
Arriazu shared his academic journey, from Tucumán and Mendoza to Chicago and Minnesota, where he encountered inconsistencies in his ideas, which changed over the years. He discussed his experiences with Milton Friedman, who argued that floating exchange rates are possible in big countries, but not necessarily in Argentina. Arriazu concluded that his greatest contribution lies in the flow approach to aggregate economics, which he considers ”very powerful” in explaining Argentina and the world [[3]].
Philosophical Insights into Economics
Arriazu’s speech also delved into philosophical nuances, defining Plato as a “developmentalist, soft money man” who created a novel of hyperinflation. He contrasted this with Aristotle, who advised Alexander to maintain a currency that circulates throughout the empire and maintains its value, making him a “hard money man.” Arriazu emphasized that one cannot separate economics from other sciences, and it is essential to consider political and social implications when developing economic plans [[3]].
A Well-Deserved Honor
The honorary Ph.D. awarded to Ricardo Arriazu is a well-deserved recognition of his tireless efforts to advance the field of economics. His critical thinking, philosophical insights, and commitment to excellence have inspired countless individuals in the academic and professional spheres.
Ricardo Arriazu’s honorary Ph.D. is a testament to his outstanding contributions to economics, and his speech serves as a beacon of inspiration for future generations of economists, policymakers, and scholars.
References:
<a href="https://www.researchgate.net/publication/354692333LossistemasprevisionalesdeArgentinayChile2006-2010unestudio_comparado”>[3]
Note: The other search results [[1]]and [[2]]do not appear to be directly related to the topic of Ricardo Arriazu’s honorary Ph.D. and are therefore not included in this article.
Who is Ricardo Arriazu?
Ricardo Arriazu is a renowned Argentine economist with extensive international experience. He has been awarded a Ph.D. for honor by the Argentinian University of Commerce (UADE) in recognition of his exceptional career and contributions to the field of economics.
Education and Background
Arriazu completed his undergraduate and graduate studies at the University of Tucumán, the University of Cuyo, and the University of Minnesota. He has a strong academic background, which has enabled him to develop a deep understanding of economics and its applications in various contexts.
Expertise and Contributions
Arriazu is an expert in economics, with a particular focus on aggregate economics and monetary policy. He has developed a unique approach to economics, which he calls “the flow approach to aggregate economics.” This approach has been instrumental in helping him explain economic phenomena in Argentina and around the world.
Views on Economics and Policy
Arriazu believes that economics is a toolbox for improving human life and finding freedom. He emphasizes the importance of institutions, families, historical analysis, and social and political conversations in shaping economic outcomes. He also stresses that economic plans cannot be developed in isolation from political and social implications.
Lessons from Classical Economists
Arriazu has drawn inspiration from classical economists such as Plato and Aristotle. He notes that
