A Harvard trained economist is in a close race for president of Chile. Here is a paper of his on why it is a missallocation of resources if you let anything other than a child’s level of ability at preschool determine the amount of schooling they gets. He claims that this type of education reform could double the value of an education system.

Here is another paper where he shows “that the impact effect on the balance of payment from monetary disequilibrium depends upon the elasticities of substitution in production and consumption between non-traded and traded goods and the sharing of non-traded goods in consumer’s expenditure”. I’ll take his word for it, especially since the only part in english is the abstract.

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