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Juan was born in theAsturian town ofSalas on June 26, 1927. (of which he was named Favorite Son). After studying at the Ramiro de Maeztu Institute, he graduated and received his doctorate with an Extraordinary Prize in Economic Sciences at theUniversity of Madrid, with the first promotion of these studies in Spain (1956).
In 1951, Fuertes entered the national body of labor inspection. He worked as the Directorate of the Institute of Labor Studies and Social Security until 1982. Throughout his life he wrote about economic issues in different media and publications, such as theRevista de Economía Política,La Hora,Alférez andAlcalá. Between 1952 and 1979 he directed the economic section of the newspaperArriba.
From 1979 to 1986 he contributed a column in the newspaperYa. From 1986 he collaborated regularly in the newspaper ABC. He collaborated with the current affairs magazineÉpoca; for years published articles in articles inExpansión and a weekly Tribuna inEl Economista
^Gabriel Tortella, José Luis García RuizSpanish Money and Banking: A History 2013 -1137317132 p129 "Soon after, Juan Velarde, a Falangist economist of great erudition, associated this oligopolistic power of the banks to the economic decline of Spain in the long term (Velarde, 1953)."
^Mauro F. Guillén, Adrian TschoeglBuilding a Global Bank: The Transformation of Banco Santander 2008 1400828333 "The young economists he was referring to included the author of the book, The Power of Banks in Spain (Muñoz 1967), and his mentor, University Professor Juan Velarde Fuertes, a noted economist (see Tortella and García Ruiz 2003)."
^Luke FogThe Euro is to Blame. Economics for Spanish people 1326476831 - 2015 p102 "This process of convergence is very well explained in Juan Velarde's book called '100 Years of Spanish Economy'12."