Monthly Archives: January 2019

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    The discredited economic vision at the root of France’s ‘gilets jaunes’ problem

The discredited economic vision at the root of France’s ‘gilets jaunes’ problem

At the end of the month of November, France suddenly went into revolution mode. Cars were burned and barricades were erected on the Champs-Élysées in Paris and there were prolonged battles between the ‘forces de l’ordre’ and the demonstrators. Hundreds of people were injured and nine deaths have been attributed directly or indirectly to the movement which had a […]

January 21st, 2019|Economics|0 Comments|

Robot Rights – Book Review

Robot Rights. David J. Gunkel. MIT Press. 2018.

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The post-human turn in thinking about rights, privileges and agency has resulted in efforts to overturn anthropocentrism in considering both living and non-living things as well as machinic and algorithmic extensions of human beings (see here for a useful overview). However, discussing robot rights has remained, by author David J. […]

January 20th, 2019|Book Review|0 Comments|

The implications of a no-deal Brexit: is the EU prepared?

Overall, a no-deal Brexit would be disruptive in the short-term:

There would be immediate very significant administrative and logistical challenges in trade. Preparations to reduce those disruptions are underway but are unlikely to be sufficient. But while Most-Favoured Nation tariffs will affect some sectors significantly, the macroeconomic effect on the German economy might not be huge.
If the UK […]

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    What happens with cross-border financial services after Brexit?

What happens with cross-border financial services after Brexit?

As we approach the date for leaving the EU, the government has been publishing a series of statutory instruments (U.K. secondary legislation), on-shoring and amending EU regulations ahead of Brexit. This is being done under the European Union (Withdrawal) Act 2018. During the past weeks risks in this sector linked to a no deal scenario have increased significantly. However, despite […]

January 18th, 2019|Finance, LSE alumni|0 Comments|
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    Perseverance isn’t down to personality: it can be developed

Perseverance isn’t down to personality: it can be developed

The importance of perseverance is recognised by intellectuals, sportsmen, and business people alike:

“Great works are performed not by strength but by perseverance.” (Samuel Johnson, author, 1709-1784)
“I’ve missed more than 9000 shots in my career. […] I’ve failed over and over and over again in my life. And that is why I succeed.” (Michael Jordan, basketball player, *1963)
[…]

January 17th, 2019|Career & Success|0 Comments|

Choosing policies for higher fuel efficiency

Throughout the world there have been efforts to reduce gasoline consumption and carbon emissions by changing the cost per mile traveled. One of the reasons to justify such efforts is the concern that emissions from conventional vehicles, which is the second source of carbon emissions after the electricity sector in the U.S., may have serious consequences for the environment.

There […]

January 17th, 2019|Environment|0 Comments|
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    The institutionalised undervaluation of women’s work: what can we do about it?

The institutionalised undervaluation of women’s work: what can we do about it?

Equal pay is often viewed as a fundamental marker of gender equality. As a target, it is also notoriously difficult to achieve. Despite a variety of policy measures, including equal pay legislation, adopted to promote equal pay, the gender pay gap persists around the globe. Recent equal pay disputes include the ones in private sector organisations, such as Tesco […]

January 16th, 2019|Gender|0 Comments|

What prevents us from cooperating?

Cooperation is an essential aspect of life, from bacterial biofilms to social insects, and from friendships and workplace collaborations to environmental conservation, political participation, and international relations. Yet establishing cooperation in a competitive world suffers from two closely connected problems. For one, there is the risk for cooperators to be the “sucker”, i.e. one of the few people cooperating […]

January 15th, 2019|Economics, Management|0 Comments|

Can we afford our consumer society?

Economic growth has helped millions out of poverty. The jobs it creates mean rising incomes and consumers who buy more. This drives further growth and higher living standards, including better health and education. Yet WWF, the World Wildlife Fund, has recently warned that exploding human consumption is the driving force behind unprecedented planetary change, through increased demand for energy, […]

January 15th, 2019|Environment|2 Comments|
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    Gender inequality at work and at home: a double whammy for women

Gender inequality at work and at home: a double whammy for women

According to a report released last month by the World Economic Forum, the global pay gap between men and women will take 202 years to close. Data from the Institute for Women’s Policy Research that examined women and men’s income over 15 years found that in the United States, women on average make less than half what men make: […]

January 14th, 2019|Gender|3 Comments|

The SAGE Handbook of the 21st Century City – Book Review

The Sage Handbook of the 21st Century City. Suzanne Hall and Ricky Burdett (eds). SAGE. 2018.

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Urban sociology – the study of urban systems as socio-spatial phenomena – is a relatively young discipline. A concerted investigation of the relationship between urban settlements and urban social behaviour only really emerged in the 1920s through the writings of Robert […]

January 13th, 2019|Book Review|0 Comments|

No deal? How did we get here?

The postponement of the parliamentary vote on the withdrawal agreement until the middle of January has led to accusations that Theresa May is ‘running down the clock’ on Brexit. By scheduling it close to the latest possible date, MPs’ ‘meaningful vote’ is rendered rather meaningless, given the acute shortage of time to develop alternatives should the agreement fail to […]

Why overpaying chief executives is a bad idea

An economy where the highest paid business leader pockets £265 million for one year’s work, while the number of working families in poverty rises to a 20-year high, is one that needs to address its income gaps.

Denise Coates, the chief executive of gambling group Bet365, has been paid £265 million in 2017 at a time when many of those in […]

A new measure to assess companies’ external engagement

Could a single tweet destroy your company? Just a few years ago, a question like that might have seemed absurd. But now that possibility is something that executives and investors around the world are increasingly thinking and worrying about. Perhaps the most prominent evidence of this trend arrived at the start of 2018, when BlackRock’s Larry Fink laid out […]

January 10th, 2019|Management, Marketing|1 Comment|

Waiting for a career epiphany

It starts early in life. Family members, teachers and friends enquire, ‘What do you want to do when you grow up?’ The question hounds us. Surely it should be a straightforward decision. Unfortunately, the abundance of career options available can encourage a prolonged state of analysis paralysis.

The New Year is the time when we tend to take stock of […]

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    The modest role of human capital in explaining international income gaps

The modest role of human capital in explaining international income gaps

Low output per worker goes together with low levels of schooling, cognitive test results, and health indicators, leading naturally to the conjecture that low levels of human capital are responsible for low levels of income. This conjecture has contributed to motivate several decades of international focus on policies aimed at increasing the quantity and quality of schooling, as well […]

January 8th, 2019|Economics|0 Comments|
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    What explains the contemporary geographic distribution of Islam?

What explains the contemporary geographic distribution of Islam?

What explains the contemporary spatial distribution of Muslim communities worldwide? Our study’s contribution is twofold.

First, we investigate the role that ancient trade routes have played in facilitating the spread of Islam. Motivated by numerous case studies on the historical relationship between trade and Islam, we construct detailed data on pre-Islamic trade routes, ports and harbours, and establish that proximity […]

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    Everyday Economics: A User’s Guide to the Modern Economy – Book Review

Everyday Economics: A User’s Guide to the Modern Economy – Book Review

Everyday Economics: A User’s Guide to the Modern Economy. Steve Coulter. Agenda Publishing. 2017.  

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A little more than ten years ago, the US government declined an opportunity to bail out Lehman Brothers, a 168-year-old investment bank, perhaps deepening a recession that started a year earlier. Few predicted the recession and its exact causes are still a matter […]

January 6th, 2019|Book Review|0 Comments|
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    Robotisation could help ‘reshore’ manufacturing jobs back to Europe

Robotisation could help ‘reshore’ manufacturing jobs back to Europe

One would be hard-pressed to find many commentators ready to say Europe’s manufacturing industry is coasting. Rather, the last decades have been quite competent at throwing several challenges towards our economic model. The 2018 European Trade Union Institute (ETUI) Conference “The World(s) of Work in Transition” managed to name a few: Climate change, demographic transitions, digitalisation, automation and finally the nexus […]

How employers manage motherhood in the workplace

Compared to other workers, mothers face significant disadvantages in the labour market when it comes to access to good jobs, wages and mobility. What explains these findings? Direct evidence of employers’ attitudes, though limited, suggests that employers tend to view mothers as less capable, competent and committed. Experimental and audit research finds that even when mothers’ competence and work […]

January 4th, 2019|Gender|0 Comments|