The Architecture of Modern Economics — A Constitutional Map of the Nobel Era
Updated edition · October 2026 Bank and Finance presents the updated edition of Alberto Ortiz Bolaños’s The Architecture of Modern Economics, incorporating the contributions of Robert E. Hall and Michael Woodford, recipients of the 2026 Nobel Prize in Economic Sciences for their work on the microeconomic foundations of macroeconomic stabilization. From Scarcity and Choice to […]
La Arquitectura de la Economía Moderna — Un mapa constitucional de la era Nobel
Edición actualizada · Octubre de 2026 Bank and Finance presenta la edición actualizada de La Arquitectura de la Economía Moderna, de Alberto Ortiz Bolaños, que incorpora las contribuciones de Robert E. Hall y Michael Woodford, galardonados con el Premio Nobel de Economía 2026 por sus aportaciones a los fundamentos microeconómicos de la estabilización macroeconómica. De […]
The Social Organization of Health in Mexico
How a Society Transforms Health Needs into Health Outcomes Bank & Finance publishes The Social Organization of Health in Mexico, by Alberto Ortiz Bolaños, a new study that offers an integrated way to understand how health care is organized in Mexico. The book begins with a simple but demanding question: What happens between a health […]
La organización social de la salud en México
Cómo una sociedad transforma las necesidades de salud en resultados sanitarios Bank & Finance publica La organización social de la salud en México, de Alberto Ortiz Bolaños, una investigación que propone una forma integrada de comprender cómo funciona la salud en México. El libro parte de una pregunta sencilla, pero difícil de responder: ¿Qué ocurre […]
The Nation Made Visible
Crowd, Belonging, and National Experience in the 2026 FIFA World Cup Bank and Finance publishes this new essay in both English and Spanish as part of its work on Mexico in the global context. The 2026 FIFA World Cup offers a singular opportunity to observe social phenomena that normally remain dispersed or only partially visible. […]
Living With Risk You Cannot Eliminate
Resilience, Fragility, and Financial Judgment Why This Book Exists Modern finance is often presented as a system capable of managing, transferring, or reducing risk through better models, broader diversification, deeper markets, and more sophisticated institutions. Yet many forms of uncertainty cannot be fully predicted, measured, or eliminated. Financial systems can redistribute exposure, but they cannot […]
Incentives Under Uncertainty
Why Reasonable Decisions Produce Fragile Outcomes Why This Book Exists Financial systems are often evaluated in moral terms. Failures are attributed to greed, recklessness, or dishonesty, while stability is associated with discipline and prudence. Yet many episodes of financial fragility emerge even when individuals are acting reasonably within the incentives they face. People respond to […]
What Is a Financial Promise?
Truth, Belief, and the Limits of Commitment Why This Book Exists Financial systems depend on promises that most people cannot fully verify. Deposits are assumed to remain accessible. Insurance is assumed to provide protection. Investments are assumed to generate future returns. Yet modern finance operates at a level of complexity where direct verification is often […]
Promises, Institutions, and Trust
Why Financial Systems Depend on Credible Commitments Why This Book Exists Modern financial systems depend on promises. Deposits are expected to remain accessible. Loans are expected to be repaid. Insurance is expected to provide protection when losses occur. Money itself functions because people believe others will continue to accept it in the future. Yet the […]
Finance Over the Life Cycle
Decisions That Bind You Over Time Why This Book Exists Financial decisions are rarely confined to the present. Education, debt, housing, savings, family formation, retirement, and insurance all involve commitments whose consequences unfold across long periods of time. Yet financial life is often presented either as a sequence of isolated choices or as a problem […]