We often blame the behaviours of those who have power and abuse it on the individual and his or her personality. That is, we make what psychologists call a dispositional attribution. But there is more to individual and personality differences when it comes to understanding the behaviour of those in power. In fact, what is often occulted are the […]
Leading Professionals: Power, Politics and Prima Donnas. Laura Empson. Oxford University Press. 2017.
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Leading Professionals: Power, Politics and Prima Donnas casts light upon leadership, its impact on the trajectory of professional organisations and, most importantly, the power and politics within them. The book has two interlinked strengths. Firstly, Laura Empson, the author, was an investment banker and a […]
There have been bacteria on this planet for at least the last 3.5 billion years. For the entirety of our species’ existence we have relied on bacteria to aid us in breaking down food, whilst being helpless to guard against their wrath whenever we had a bacterial infection. It wasn’t until the late 19th century that more powerful microscopes lead […]
With more than 450 eco-labels worldwide, consumers have greater access to information about which products offer superior environmental attributes. However, consumers often do not know the meaning behind a particular eco-label. For example, the European Union (EU) Flower is Europe’s most widely recognised eco-label. Yet 40 per cent of United Kingdom residents state that they do not know its meaning. Fewer consumers understand the “rules,” […]
Even in an immigration system that is not based on skill selection, immigrants have positive innovation effects. They are directly engaged in patenting activities but they also have positive spillover effects on inventors already living in the country. With this finding we contribute to the ongoing public debate on the costs and benefits of immigration.
Immigration policy has been an […]
Two years ago, I told you that gender equality is a critical component of economic growth. I talked about the consequences of laws that facilitate or discourage women from entering the labor force. This was the 2016 edition of Women, Business and the Law, a World Bank Group product that identifies barriers to women’s economic participation and tracks progress […]
Over the past few months, you’ve almost certainly heard someone lament the state of the internet.
It might have been a friend or family member, who learned the Facebook-Cambridge Analytica breach was worse than originally thought. Or maybe it was Twitter CEO and co-founder Jack Dorsey, who recently acknowledged his platform had been compromised by bots and trolls. Or perhaps […]
The increase in U.S. income inequality since 1970 largely reflects gains made by households in the top 20 per cent of the income distribution. Estimates suggest that households outside this group have suffered significant losses from foregone consumption, measured relative to a scenario that holds inequality constant. A substantial mitigating factor for the losses has been the dramatic rise […]
Behavioral Economics and Healthy Behaviors: Key Concepts and Current Research. Yaniv Hanoch, Andrew J. Barnes and Thomas Rice (eds). Routledge. 2017.
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If there is an area where behavioural economics can have an impact on individual wellbeing, it is health. Traditional economic concepts – spanning from consumption and investment reasons for a ‘demand for health’, the assumption that […]
With the emergence of global value chains (GVCs), production processes have become increasingly fragmented and dispersed across different countries. R&D (research & development) and innovation have typically been among the least internationalised functions of the value chain and were traditionally considered as ‘core activities’ to be retained close to companies’ headquarters. But despite the important ‘home bias’ in global […]
Female labour force participation has increased in most European countries in the last decades: the activity rate in EU15 has constantly increased in the last 20 years, gaining more than 10 percentage points (from 56 to 68 per cent). Nonetheless, the gender earnings gap remains substantially high in most countries.
Recent research highlighted that parenthood is one of the main […]
The media industry is unique in its ability to spread information that may influence the democratic process. There is ample evidence that news coverage influences voting and policy-making, and this issue has become even more prominent after the controversy over the role of ‘fake news’ in the 2016 US presidential election.
A powerful defence against fake news is real news. […]
Our societies, especially in developed countries, will soon have a majority of their adult population in the over 50 group. The UK will reach this point in the mid 2030s. This increasing healthy longevity means that at age 50 we likely have 25-30 years of health and energy to look forward to. At the same time, most of us […]
Amongst the regular challenges of modern governance are the corporate scandals. These have affected almost every business sector, most recently of course the so-called disruptive Big Tech companies. It seems none of these social media technology companies are exempt from scandal. Google have been accused of abusing the dominance of its Android smart phone operating system and Apple were […]