Monthly Archives: August 2018

Google’s involvement is a step forward for blockchain

Just before the Google Next event at the end of July, Google announced that it had partnered with two different blockchain technology companies to integrate their solutions into Google Cloud. These partnerships were made with an objective of helping enterprises streamline the development of blockchain applications as the technology continues to rapidly gain popularity.

With more than 86,000 blockchain projects […]

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    Climate change poses risks to the financial system. How can central banks deal with them?

Climate change poses risks to the financial system. How can central banks deal with them?

Climate change poses risks to the financial system. Yet our understanding of these risks is still limited. As we explain in a recent paper, central banks and financial regulators could contribute to the development of methodologies and modelling tools for assessing climate-related financial risks. If it becomes clear that these risks are substantial, central banks should consider taking them […]

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    A French dilemma: environmental leadership vs environment-damaging economic growth

A French dilemma: environmental leadership vs environment-damaging economic growth

In pursuit of an America First policy, the US withdrew from the Paris Agreement (COP21), with grave economic and ecological consequences and representing a serious backlash for US global leadership in tackling the environmental challenges and issues surrounding climate change. There was no obvious public appetite for the US withdrawal from the Paris Agreement, yet on the positive side, the European […]

How to help women sustain careers in male-dominated spaces

While women have made substantial inroads into the world of work and organisational hierarchies, many science, technology, engineering and maths (STEM) related fields such as engineering, still appear stubbornly resistant to gender diversity. Even from the perspective of many of the women who actually work in these industries.

Despite the best efforts of many firms, gender equality in terms of […]

August 28th, 2018|Gender, LSE alumni|0 Comments|
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    Why does public investment contribute little to GDP growth in Italy?

Why does public investment contribute little to GDP growth in Italy?

“Give me a fulcrum and a lever long enough, and I shall move the world” – so the great Greek mathematician Archimedes used to say. In the Italian macroeconomic context, many are similarly convinced that if only we pushed more on the fiscal lever, we could set in motion an economy that has stagnated for almost 20 years, and […]

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    Suburban Planet: Making the World Urban from the Outside In – Book Review

Suburban Planet: Making the World Urban from the Outside In – Book Review

Suburban Planet: Making the World Urban from the Outside In. Roger Keil. Polity. 2017.

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In 2008 the world entered the urban age – but high-level statistics showing half the world living in urban areas conceal much of the global reality. Despite the frequent depiction of hyper-dense centres such as Hong Kong, Manhattan and the City of London, […]

August 26th, 2018|Book Review|0 Comments|

Notes on the public debate about digital responsibility

Policymakers and the Silicon Valley giants are engaged in a battle over freedom and regulation. The UK’s Internet Commission is catalysing a new, positive cycle of organisational accountability, transparency and multi-stakeholder dialogue. The dialogue on digital responsibility brings policymakers, academics and activists together with online firms to make progress on digital responsibility and accountability.

One of the first meetings in this […]

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    Should Chinese citizens be kept away from sensitive research at US universities?

Should Chinese citizens be kept away from sensitive research at US universities?

The Trump administration 
is considering measures to restrict Chinese citizens from performing sensitive research at American universities and research institutions. The boycott appears to
 be motivated by fears that Chinese researchers may be carrying out espionage activities and handing over sensitive US discoveries to the Chinese government.

The exact details of the restrictions
 are still under discussion but they would […]

Should companies reward CEOs for being lucky?

A puzzling feature of chief executive officer (CEO) compensation is “pay for luck”. Why are CEOs often rewarded when their firms perform well for reasons that are beyond their control? The dominant advice from academia is to do just the opposite: pay CEOs based on corporate outcomes they can substantially influence, which gives them incentives to make the good […]

The moral dilemma around equality of opportunity

Mainstream economics typically emphasises efficiency over equity. One reason is because egalitarian notions can be subjective, and economists do not consider it their role to advocate how redistributive a society should be.

Notwithstanding, modern research does focus on what the effects of potential policies would be on quantitative measures of inequality (such as the Gini coefficient). By doing so, economists […]

August 22nd, 2018|Economics|1 Comment|

Thirteen factors for a successful career

What determines career success? This question has occupied careers research, professional and career counselling, as well as individuals for decades. There is consensus amongst careers researchers that to develop oneself professionally, there is more needed than simply finding a job that matches one’s strengths and interests. The current world of work is increasingly characterised by individual, self-directed careers over […]

The economic consequences of family-oriented policies

All high-income countries, as well as several developing countries, have policies in place to make it easier for people to balance their working lives with their family commitments. These include parental leave, childcare support and flexible work arrangements, to name 
just a few. The impact of these policy provisions on the labour market outcomes of parents, and especially mothers, […]

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    ‘From the Anthropocene to the Anthropo-scene’- Long Read Book Review

‘From the Anthropocene to the Anthropo-scene’- Long Read Book Review

Anthropocene: A Very Short Introduction. Erle C. Ellis. Oxford UP. 2018.

Interrogating the Anthropocene: Ecology, Aesthetics, Pedagogy, and the Future in Question. jan jagodzinski (ed.). Palgrave. 2018.

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In the year 2000, the Nobel prize-winning atmospheric chemist Paul Crutzen and his colleague Eugene Stoermer, a lake ecologist, published a paper in an obscure geological newsletter introducing the term ‘Anthropocene’ […]

The dangers of the global trade war for the UK

Since 2016, two of the world’s largest economies – those of the US and the UK – have made major shifts away from global economic integration. First, the British electorate voted to leave the EU. Since then, the Trump administration has sparked a global trade war which currently shows no signs of dissipating, with tariffs having already been imposed […]

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    The antitrust case against Android as viewed by a company insider

The antitrust case against Android as viewed by a company insider

In a recent Vox column, six antitrust consultants describe the European Commission’s case against Android, hailing it as a “milestone” of antitrust for the telecommunications industry (Caffarra et al., 2018).  In fact, it is more of a millstone than a milestone.

The colloquial definition of “millstone” is a “heavy burden”, and of course the case is a burden for Google. But it is […]

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    How platforms can help their contract workers make decisions in uncertain environments

How platforms can help their contract workers make decisions in uncertain environments

Managers at a firm have autonomy to make operational decisions based on their specific contextual knowledge. The firm’s knowledge may complement the manager’s, adding value through advanced tools based on global information. Recently, firms in the sharing economy have implemented systems to help their service providers: the ride-sharing platform Uber tells drivers where demand may be increasing while the […]

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    Social resources matter — we shouldn’t assume that only money talks

Social resources matter — we shouldn’t assume that only money talks

Everyone knows that money matters and most people would accept that social resources (relationships and identities) matter too, though in what ways and how much is perhaps less obvious. In a couple of recent pieces of research (here and here) we report on evidence of surprisingly high valuations of social resources and that different personality types benefit differently from […]

August 15th, 2018|CPNSS, Economics|1 Comment|
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    When EU university researchers lost the full rights to their innovations

When EU university researchers lost the full rights to their innovations

University workers contribute not only through research and teaching activities, but may also start successful high-technology companies (e.g., Google and Genentech) and create valuable intellectual property (e.g., the Hepatitis B vaccine and the pain medication Lyrica). Moreover, universities can be important foundations for local innovation clusters, such as Silicon Valley (Bresnahan et al., 2001).

Several European countries, observing the growth […]

Is happiness a consequence or cause of career success?

Across the lifespan, society often pushes a subtle message with a basic formula: Work hard, become successful, then you’ll be happy. We hear it from our parents, teachers, employers, and even television ads. After a while, this way of thinking can become automatic. “When I graduate from college … When I land my dream job … When I make […]

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    California Greenin’: How the Golden State Became an Environmental Leader – Book Review

California Greenin’: How the Golden State Became an Environmental Leader – Book Review

California Greenin’: How the Golden State Became an Environmental Leader. David Vogel. Princeton University Press. 2018.

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Recoiling from our screens – battered and bruised by news of compounding horrors – we realise this is not a drill. We urgently need to tackle climate change, brutal xenophobia, resurgent authoritarianism and gutting austerity. Many of us are protesting, marching, publicly […]

August 12th, 2018|Book Review|0 Comments|