The Economical Foundation of Patto Marciano: A European Perspective (Part II)

Mutuo Fondiario  Mutuo Fondiaro is a special form of mortgage loans which confers some extra protections and prerogatives to the creditors -that are primarily banks or other Financial Institutions- compared to the traditional ordinary loans. Due to these protections, Mutuo Fondiario has become the preferential instrument of credit issuers (banks and FIs).  The counterparts to[…]

The Economical Foundation of Patto Marciano: A European Perspective (Part I)

Introduction to Patto Marciano: A Comprehensive Analysis In an attempt to overhaul the Italian Bank Credit system, the “Consolidated Banking Act”, also known as “Patto Marciano”, has been ratified by Italian Legislators. It compromises of two parts, Article 120-quinquiesdecies which deals with ‘Consumer’ Loans, and article 48-bis, regulating ‘Corporate’ Loans; passed by the Legislative Decree[…]

behavioral economics

ABCs of Behavioral Economics

What is Behavioral Economics? The axioms and the theories in the field of economics have all one thing in common: they are based on this hypothesis that the economical agents are Homo-Economicus; meaning that they are rational, logical people, capable of taking all the aspects of each situation into account, and analyze rigorously all the[…]

The Lord of The Rings Characters on Trial

Let’s hypothesize a world in which stringent system of checks and balances restrained Sauron’s power and impeded his plan of setting up an autocracy in Middle-Earth. Since no one is above the law, and Sauron has the same rights as all the other Men, Elves, and Hobbits, can he take a legal action against Frodo[…]

What is Section 230 Legislation and why is it under attack?

What is Section 230? Section 230 is a Provision of the Communication Decency Act (CDA) of 1996, a piece of Internet law that shields tech companies from liability suits by treating them as a distributer of news and not publishers or speaker of the information. The difference is that they cannot be held accountable for[…]

The future of Republican Party: Ben Sasse VS Trumpism

Ben Sasse, the Republican Senator of Nebraska, is not highly well-known outside small circles of political nerds. But here I will delve into the reasons why he has been hailed by many, as a GOP rising star and having a good prospect of being the future of the Republican Party. WHO IS BEN SASSE? The[…]

A New Libertarian Candidate Has Emerged: Justin Amash

A 40-year old congressman representing Michigan, is the latest addition to the list of presidential candidates for 2020 election. On 28th of April, Justin Amash announced his candidacy as a 3rd party candidate and launched an exploratory committee to run as a member of the “Libertarian Party”. “Americans are ready for practical approaches based in[…]

‘Mind the Gap’: The group applying ‘Moneyball’ approach in politics

In 2002, ‘Oakland Athletics’ baseball team, also known as Oakland A’s, made history by approaching baseball in an unorthodox and revolutionary way, by using statistics rather than human judgement and traditional scouts’ baseball wisdom. The team had less money than other teams to spend on players. So, out of necessity, its managers were forced to[…]

The Netherlands offers ‘gifts’ after facing fierce backlash from Southern Europe

The Netherlands drew backlash recently, after they rejected the idea of “Coronabonds”, bonds composed of loans from all EU countries as a form of joint debt. Dutch government believes issuing joint debt is a step too far, which will take years to negotiate. Besides Holland, some other Northern member states including Germany, Austria and Finland[…]

Global Stagnation; Disruption; Insider Trading: Tracking the Effects of Coronavirus

SENATORS UNDER SCRUTINY Last week it was reported that some U.S. senators were accused of insider trading based on non-public information on Coronovirus. On 24th of January, Senators were given a closed door briefing on Coronovirus and then they sold millions of dollars’ worth of stocks, one week before the stock markets decreased to historic[…]