Monthly Archives: May 2020

  • Permalink Gallery

    Liberalism at Large: The World According to the Economist – Book Review

Liberalism at Large: The World According to the Economist – Book Review

Liberalism at Large: The World According to the Economist. Alexander Zevin. Verso. 2019.

The theories and ideologies that form our political identities must be continuously reinterpreted in order to stay intact. This work of maintaining ideologies is given more attention than usual in Alexander Zevin’s Liberalism at Large: The World According to the Economist, which examines the history of […]

May 31st, 2020|Book Review|0 Comments|
  • Permalink Gallery

    Technology must be part of the recovery, but it isn’t the solution

Technology must be part of the recovery, but it isn’t the solution

The coming months and years are going to be among the most challenging in our lifetime for our economy, our society, and many of us individually. Problems of unemployment, low productivity, declining competitiveness and low innovation will be hard to resolve; harm will be inflicted on people’s working and personal lives. The post-coronavirus labour market is going to be […]

  • Permalink Gallery

    When public agencies are free to decide, entrepreneurs are more likely to get a licence

When public agencies are free to decide, entrepreneurs are more likely to get a licence

It is well established that government regulation of markets can pose significant barriers to entry. Entrepreneurs are disproportionately burdened by regulation not only because they lack resources and familiarity to navigate regulatory hoops, but also because policies designed to regulate markets are often influenced by and for the benefit of incumbent firms.

However, despite this disadvantage, entrepreneurs do manage to […]

  • Permalink Gallery

    Covid-19: how are new uses of technology transforming healthcare?

Covid-19: how are new uses of technology transforming healthcare?

As we are slowly preparing for lockdown restrictions to ease, healthcare professionals, managers and IT practitioners are wondering what changes to work practices and new models of healthcare provision that have resulted from the rapid deployment of digital technologies should be sustained beyond the current crisis.

Indeed this is a pressing question, which we are keen to pursue. First, we […]

Green finance: investors need transparency

The effects of climate change have become increasingly palpable for the general public in recent years, with wildfires having destroyed large parts of the Amazon rainforest and the Australian bush, killing more than a billion animals. The attention on the topic, including the need to reverse the inexorable decline in biodiversity and promote sustainable livestock production, has been heightened […]

  • Permalink Gallery

    Virtual teams are generally less effective than face-to-face ones

Virtual teams are generally less effective than face-to-face ones

Opening offices will be our decision. When and if our employees come back, will be theirs.

— Jennifer Christie, vice president of people at Twitter on the company’s blog

Large swathes of the economy seem to have painlessly switched to working “digitally”.  Zoom, Cisco Webex and Microsoft Teams have kept most of us working in the “knowledge economy” fully employed. Was all […]

May 27th, 2020|Management|4 Comments|

Climate change, Covid-19, and our existential challenge

Covid-19 is the most significant economic, social, and public health issue of the present time, posing unprecedented challenges to economic policymakers. While the pandemic has caused havoc in the world economy, with major losses of human life, it is also reshaping our view towards the environment. The virus has thrown a spanner in the works of the global economy […]

Central bank digital currency: the devil is in the details

In the public debate over central bank digital currencies (CBDCs), the design is often implicitly assumed or overlooked. We outline the main CBDC design features and assess how effective they are in achieving policymakers’ objectives.

Policy objectives

CBDC sponsors’ arguments can be classified into three main groups. First is the need for a digital form of central bank liability to […]

  • Permalink Gallery

    Agile at home: tech startup lessons for making home working a success

Agile at home: tech startup lessons for making home working a success

As the pandemic continues to disrupt businesses, agile and digital-native organisations are demonstrating the greatest resilience. Why? Because in uncertain environments, agile teams can adapt quickly to fast-changing priorities, which translates into a powerful competitive advantage.

To a large extent, agile companies are simply practicing what they preach. The agile approach has proven particularly effective when team members are geographically […]

May 25th, 2020|Management|0 Comments|

Why Free Will is Real – Book Review

If you are interested in this book, you may like to listen to a podcast of Professor Christian List’s LSE lecture, ‘Free Will in a Deterministic World?’, recorded on 4 December 2012.  

Why Free Will Is Real. Christian List. Harvard University Press. 2019.

The universe may very well be deterministic. According to many physicists, there are natural laws that govern the […]

May 24th, 2020|Book Review|0 Comments|

How to unfurlough Britain

Over six million people, approximately a quarter of the UK’s total workforce, have been furloughed since the introduction of the Job Retention Scheme on 25 March, designed to keep businesses afloat and stem mass redundancies. A Chartered Institute of Personnel and Development (CIPD) survey indicated that over half of employees who had been furloughed would otherwise have been made redundant. As […]

  • Permalink Gallery

    The impact of Covid-19 on human resource management: avoiding generalisations

The impact of Covid-19 on human resource management: avoiding generalisations

While there is now a great deal of discussion concerning the impact of Covid-19 on and implications for working practices and human resource management (HRM), much of the content and comment on these topics tends to be of a general nature, offering observations and/or guidance that seek to define what a ‘new normal’ might be. For example, that remote […]

May 22nd, 2020|Management|3 Comments|
  • Permalink Gallery

    Lars Rebien Sørensen: It makes no sense for countries to develop vaccines individually

Lars Rebien Sørensen: It makes no sense for countries to develop vaccines individually

Although it can be difficult to predict exactly how the next health crisis will impact us, there are valuable lessons to be learned from the current one. Lessons which should be brought to the table in future political discussions across the world. Because it is clear that politicians and other decision-makers now look at our preparedness and response systems […]

May 21st, 2020|Uncategorized|0 Comments|

Carbon taxes alone won’t stop climate change

Climate change has shifted from a fringe issue to a worldwide emergency. Our understanding of the phenomena and our willingness to act have developed significantly, in part paralleling the ways in which climate change is being experienced around the globe.

Carbon pricing policy tools (both fiscal taxes and market permits) have been promoted as the core policy tools in mitigating […]

  • Permalink Gallery

    How will Covid-19 shape the future economic role of the British state?

How will Covid-19 shape the future economic role of the British state?

When the pandemic has passed into history, what will be its implications for the role of the state in our economy? Some think it will (or should be) the replacement of one -ism with another. But to see the issues we face next through the prisms of an -ism could prove more of a prison than a roadmap. Ours […]

  • Permalink Gallery

    Cinco lecciones de ciencias del comportamiento para las reuniones virtuales de equipo

Cinco lecciones de ciencias del comportamiento para las reuniones virtuales de equipo

Con el inicio de COVID-19, muchas empresas han hecho la transición de espacios de trabajo físicos a virtuales, con tiempo el limitado para planearla o si él. Después de que las organizaciones hayan atravesado el obstáculo inicial de cambiar a su fuerza de trabajo a un formato virtual, se encontrarán en la búsqueda de una definición de negocio como tal. […]

  • Permalink Gallery

    When economic informality is high, cash transfers may be the best Covid response

When economic informality is high, cash transfers may be the best Covid response

Crisis management in developing countries is more difficult than in advanced economies. Existing health infrastructure is usually deficient, the large share of the informal economy means a higher cost of the lockdown and subsequent social distancing on businesses, and food production and distribution are more easily disrupted because of border closures, threatening household living standards.

To make matters worse, established […]

  • Permalink Gallery

    The future of UK supply chains in a disrupted world: Brexit and Covid-19

The future of UK supply chains in a disrupted world: Brexit and Covid-19

Brexit and Covid-19 are typically considered distinct events. However, these events have one thing in common: they have significantly disrupted the supply chains of UK firms. Since the 1980s, many UK companies have set up centralised manufacturing facilities in low-wage economies where finished goods are assembled cheaply and shipped to higher income markets. Brexit and Covid-19 have delivered a […]

  • Permalink Gallery

    Building back better: policies for a strong and sustainable recovery

Building back better: policies for a strong and sustainable recovery

The Covid-19 crisis is already inflicting serious damage on both the UK and the global economy. This raises questions on the appropriate policies for a strong and sustainable recovery, contributing to global efforts to avoid a depression, and delivering on overarching governmental objectives, including reaching net-zero emissions and reducing inequalities across and within regions. On 14 May 2020, the […]

  • Permalink Gallery

    Five behavioural science lessons for managing virtual team meetings

Five behavioural science lessons for managing virtual team meetings

With the onset of Covid-19, many firms have made the transition from physical workspaces to virtual ones, with limited or no planning time. After organisations get beyond the initial hurdle of shifting their workforce to a virtual format, they will be searching for a new definition of business as usual. During that time, it is important to bear in […]