LSE alumni

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    Apprenticeships bring returns for young people with low-medium qualifications

Apprenticeships bring returns for young people with low-medium qualifications

In recent times, there has been a policy drive to increase the number of people undertaking apprenticeships in England and there are plans to dramatically change the post-16 system, which would include making apprenticeships a more important part of it. This raises the question as to how beneficial apprenticeships are to young people currently.

In our paper, we use administrative […]

The value of having a view to a canal

Britain has an extensive canal and navigable river network, which played a vital role in transporting goods from the Industrial Revolution through the 18th, 19th and early part of the 20th centuries. Their use for transporting freight had all but disappeared by the mid-20th century, and many had fallen into disrepair or been abandoned. Since then, the canal and […]

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    Canada’s supply management system: lessons from Britain’s Corn Laws

Canada’s supply management system: lessons from Britain’s Corn Laws

The recent controversy over Canada’s ‘supply management system’ of agricultural protection during the regional US-Mexico-Canada Trade Agreement (USMCA) negotiations was a timely reminder of the entrenched protectionism in nations that retain a theoretical commitment to international ‘free trade’. It also indicates that deviations from free trade in many guises thrive in market economies where benefits are concentrated, and costs […]

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    US factories are polluting less, but regulation rollbacks threaten air quality

US factories are polluting less, but regulation rollbacks threaten air quality

In the 1960s, there were worries that U.S. economic growth would lead to increasingly dangerous levels of pollution, and that by the year 2000, air pollution would make cities like Los Angeles and New York uninhabitable. Instead, U.S. air quality has improved dramatically since then. Between 1990 and 2008, emissions of the most common air pollutants from U.S. manufacturing […]

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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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    Not everyone understands a key part of new EU financial regulation

Not everyone understands a key part of new EU financial regulation

In the past few years there has been a cavalcade of regulations imposed on European capital markets. While most of these changes are observable only to practitioners, some of them have had immediate visible effects for retail investors. One such rule is the necessity for a ‘key investor document’ (KID) for certain investment products.

A principle aim of global regulators […]

November 16th, 2018|Finance, LSE alumni|0 Comments|

Are celebrity women executives good role models for women?

It is well documented that there are few women at the top of organisations. A frequently suggested reason for this scarcity is that women simply lack role models: you cannot be what you cannot see. However, although there may be few senior women who might function as role models in women’s immediate organisational environment, the number of celebrity businesswomen […]

October 22nd, 2018|Gender, LSE alumni|0 Comments|
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    The jury is in on cannabis legalisation in North America: it’s been a success

The jury is in on cannabis legalisation in North America: it’s been a success

Recently on the LSE USAPP blog, Wayne Hall wrote on the effects of legalized cannabis in North America, arguing that the, ‘jury is still out’ on whether legalization of cannabis has been a good thing. Hall’s analysis focused on issues of youth consumption, dependence, and the potential substitution of alcohol for cannabis. These are his areas of specialization and his assertions […]

October 13th, 2018|Economics, LSE alumni|0 Comments|
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    Is EU regulation of high frequency trading stringent enough?

Is EU regulation of high frequency trading stringent enough?

High frequency trading (HFT) activity has increased over recent years. In a recent paper, Rene Carmona and Kevin Webster claimed that about 70 per cent of all the transactions in the US equity market were carried out using this tool in 2010, although it is now thought that the percentage in recent years has declined somewhat to around 50-60 […]

October 8th, 2018|LSE alumni|0 Comments|

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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    ICOs: raising money by issuing cryptocurrency, with less regulation

ICOs: raising money by issuing cryptocurrency, with less regulation

Back in the day — I remember it well, it was only ten years ago! — when a large company wanted to raise money it would almost certainly issue equity or debt. These securities would then be exchanged with investors for the relevant currency, with the investors expecting higher cash flows in return at a later date. From my desk […]

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    How would-be entrepreneurs can harness the power of the internet of things

How would-be entrepreneurs can harness the power of the internet of things

The internet of things – it’s a wonderfully vague term, but one that both consumers and businesses will have been hearing a lot over recent years. IoT is, after all, one of the single biggest areas of technological development that is reshaping the world around us. In short, the umbrella term refers to the way in which devices – […]

Economics for the Common Good – Book Review

Economics for the Common Good. Jean Tirole (trans. by Stephen Randall). Princeton University Press. 2017.

Find this book: 

Economics – that seemingly impenetrable mix of mathematical wizardry and eye-glazing theorising – has long appeared wholly inaccessible to the majority of the public (and even, it might be added, many members of the intelligentsia). Its roots were remarkably readable – for […]

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    When organisations take more than they give to the equality agenda

When organisations take more than they give to the equality agenda

When an organisation makes loud claims about equality at work, they’re not contributing to the agenda. They’re taking from it. They’re withdrawing reputation and brand equity and depositing little back in return.

To return that equity, they need to take meaningful action. You can often spot ‘meaning’ because it brings risk and scrutiny. It’s likely to lead to a structural […]

The Financial Conduct Authority asks robo-advisors for more

The UK’s financial regulator has recently reviewed the offerings of the ‘robo-advice’ sector. The results, whilst superficially not encouraging, suggest teething problems rather than deeper underlying issues. In the report released in May, the Financial Conduct Authority (FCA) noted that online discretionary investment managers were not communicating risk in a clear way, lacking transparency on pricing and failing to […]

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    Skilled migrants have higher earning potential in countries with more inequality

Skilled migrants have higher earning potential in countries with more inequality

Attracting and retaining high-skill individuals is vital for the development of knowledge-based economies, in which ideas drive technological progress. Understanding whether and why high-skilled individuals stay in a country or leave it is therefore crucial – for sending and receiving countries alike.

A very influential theoretical model of migrant selection (Borjas 1987, building on Roy 1951) predicts that migrants to […]

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    Blockchain can help mitigate investment risk for the pharmaceutical industry

Blockchain can help mitigate investment risk for the pharmaceutical industry

Have you ever paid attention to the time, effort and business risk it takes to invest in new drug research and getting that drug into to the market?

It takes two to five years to come up with a new drug concept – and even longer to transform it into a lead drug candidate. It takes another two years to […]

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    Disruptive trade technologies will usher in the ‘internet of rules’

Disruptive trade technologies will usher in the ‘internet of rules’

Businesses, especially micro, small and medium-sized enterprises (MSMEs), face many challenges in understanding and complying with international commercial rules and regulations. Research also indicates low utilisation of eligible tariff preferences, or favourable tax rules, by traders. In other words, many businesses do not always effectively benefit from their negotiated market advantages. Unfortunately, the current “version history” (or stage in the […]

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    The Airbus case sits at the heart of the Brexit industrial equation

The Airbus case sits at the heart of the Brexit industrial equation

While an agreement on Brexit negotiations is far from being reached between the United Kingdom and the European Union, Brussels seems to be taking an even more aggressive stance. It recently announced its will to kick Britain out of the Galileo project after it leaves the EU. This programme is aimed at creating a global navigation satellite system for […]