Blog

The resegregation of the American workplace

The United States struggles with a long history of racial employment segregation. Exclusionary hiring based on race was only banned in 1964; enforcement gained teeth after the Equal Employment Opportunity Commission (EEOC) set to work in the late 1960s and early 1970s. We know that segregation in employment declined significantly through the early 1980s. Since then, though, progress seems […]

June 15th, 2019|Labour|0 Comments|
  • Permalink Gallery

    A dose of democracy in corporate governance may help save social media

A dose of democracy in corporate governance may help save social media

Hardly a day goes by without the national or international press publishing negative stories about social networks. Facebook has once more got problems in keeping the data of its more than two billion users under lock and key, or Mark Zuckerberg stands up another parliament in favour of a personal statement. YouTube, acting to protect children, disables the comment […]

Don’t fall into the AI doomsday trap

If you’re one of the many who see a dark future where the honest working man is replaced by mindless structures of automated metal, where technology has become so advanced that it is no longer under our control, and where the human race is overpowered by evil robots programmed to take over the world, 1) I envy your imagination, […]

  • Permalink Gallery

    UK business plays a crucial role in meeting the 2050 net-zero target

UK business plays a crucial role in meeting the 2050 net-zero target

The UK set its first climate change target back in 1997 under the Kyoto Protocol. With a commitment to reduce emissions by 12.5 per cent below 1990 levels between 2008 and 2012, the target allowed for incremental decarbonisation efforts as opposed to an economy-wide transition. Nonetheless, the UK managed to reduce its carbon intensity (tonnes of carbon emitted per […]

  • Permalink Gallery

    Fundraising and crowdfunding platforms operate in a regulatory void

Fundraising and crowdfunding platforms operate in a regulatory void

In March 2017 a terrorist drove a car over Westminster Bridge near the Houses of Parliament killing six people and injuring at least 50. In May of that year another terrorist detonated 
a home-made bomb at the Manchester Arena killing over 20 people, wounding more than 100 including many children and causing countless others psychological trauma. In the following […]

  • Permalink Gallery

    Why are women who earn slightly more than their husbands hard to find?

Why are women who earn slightly more than their husbands hard to find?

It is well known that on average women tend to earn less than their husbands. A less known fact is that there are particularly few couples in which women earn just a bit more than their husbands relatively to what one would expect — given the number of couples in which women earn just a bit less than their […]

June 10th, 2019|Economics, Labour|0 Comments|

Young Working-Class Men in Transition – Book Review

Young Working-Class Men in Transition. Steven Roberts. Routledge. 2018.

Find this book: 

Steven Roberts’s book Young Working-Class Men in Transition provides a much-needed intervention into the field of critical studies on men and masculinities. This seven-year longitudinal study of young men from working-class backgrounds in the south-east of England counters dominant narratives of working-class men as regressive, violent and upholding […]

June 9th, 2019|Book Review|0 Comments|
  • Permalink Gallery

    Market incentives are stacked against companies that try to care about climate change

Market incentives are stacked against companies that try to care about climate change

When the conservative government insists that traded corporations and investment funds should be left to self-regulate around the climate emergency they should recognise that the only arguments supporting them are the theories that gave us the global financial crisis. But if the crisis taught us anything it was that unregulated financial markets are not, in fact, rational in the […]

  • Permalink Gallery

    CEOs’ political ideology influences firms’ internal resource allocation

CEOs’ political ideology influences firms’ internal resource allocation

CEOs in multi-business companies act as internal investors for business units. Our research suggests that they approach resource allocation in one of two very different ways. Liberal-leaning CEOs, seeking collaboration among units, are more likely to favour an even-handed approach when allocating resources. Conservative-leaning CEOs, seeking to spur competition, tend to favour merit-based allocations that may create large disparities […]

  • Permalink Gallery

    Automation and disruption in the professional business model

Automation and disruption in the professional business model

Professional firms have long been able to use technology to preserve the commercial value of their business model. From the electronic calculator to spreadsheet software, technological advances allowed these firms to streamline operations by delegating labour-intensive, low-value tasks to cheaper and more efficient machines.

However, the story of technology and professional work is about to change. A new generation of […]

  • Permalink Gallery

    Will a person’s employment status affect their partner’s market participation?

Will a person’s employment status affect their partner’s market participation?

When one loses a job or is unemployed for a period, there are several options to mitigate the loss or lower income, such as borrowing, delaying consumption of certain goods and services and relying on social benefits. Living together with others presents a unique opportunity to insure against such adverse income shocks. When one is unemployed, another household member […]

June 5th, 2019|Labour|0 Comments|
  • Permalink Gallery

    Blockchain governance: the system is not immune to capture by interest groups

Blockchain governance: the system is not immune to capture by interest groups

All blockchains have rules that govern their operations. As blockchains evolve, they may need to change their rules. Blockchain governance refers to the system in place through which decisions regarding the evolution of the blockchain are made. The question of blockchain governance is at the heart of a burgeoning debate in the blockchain community, where different governance systems are […]

  • Permalink Gallery

    A global research network to help green the financial system

A global research network to help green the financial system

Back in 2015, when the Paris Agreement was signed, just a handful of regulators were engaged with climate change risk, notably the Bank of England and the People’s Bank of China.

But now momentum is growing. March 2019 alone saw three important steps forward. First, the Bank of England’s Mark Carney, one of the first central bankers to take action […]

  • Permalink Gallery

    The Future of Capitalism: Facing the New Anxieties – Book Review

The Future of Capitalism: Facing the New Anxieties – Book Review

The Future of Capitalism: Facing the New Anxieties. Paul Collier. Allen Lane. 2018.  

Find this book: 

Prominent economist Paul Collier offers a forthright discussion of capitalism in his new book with candid personal touches. Shedding light on a topic under constant discussion, Collier undertakes diligent work in The Future of Capitalism. Staying away from clichés and easy dichotomies, the book […]

June 2nd, 2019|Book Review|0 Comments|
  • Permalink Gallery

    Many Brexiteers see the WTO as a suitable framework for the UK’s trade, but is it?

Many Brexiteers see the WTO as a suitable framework for the UK’s trade, but is it?

Two developments are seen as evidence of the rise of populist opposition to the established liberal order: Brexit and Donald Trump. While similar in many respects, they have very different views on the World Trade Organisation. Brexiteers see the WTO as an acceptable – if not preferable – alternative to an agreement with the EU, and presumably a suitable […]

  • Permalink Gallery

    In the race for AI supremacy, who will stand in the way of technological progress?

In the race for AI supremacy, who will stand in the way of technological progress?

In 2017 Russian president Vladimir Putin said that whoever becomes the world leader in the sphere of artificial intelligence (AI) will become the ruler of the world. Unsurprisingly, given his position (and previous form), his words were widely interpreted by the press as an attempt to draw divisions between nations – in particular, the two AI superpowers, China and […]

UK wine: the risks and opportunities of a changing climate

Frequently described as the ‘the canary in the coalmine’ of global agriculture, wine grapes are exceptionally climatically sensitive and grow at their best only within narrow climatic bands – typically between 13 and 21°C. Warmer climates have brought a larger area of the UK within the ideal climatic range for a number of commercially popular wine grape varieties, including […]

  • Permalink Gallery

    History shows that women’s autonomy leads to long-term development

History shows that women’s autonomy leads to long-term development

Looking at recent growth successes and failures, some of the positive stories of economies were characterised by relatively high female autonomy: Botswana had the highest GDP growth rates of the last decades and had not only favourable institutions, but also high gender equality (Robinson 2009; data on gender equality: Carmichael, Dilli and Rijpma, 2014). Similarly, China and South Korea […]

  • Permalink Gallery

    How our social interactions influence our decision to buy a new home

How our social interactions influence our decision to buy a new home

People regularly interact with their family, friends, and colleagues, but the effects of such social interactions on economic and financial decision-making are not well understood. Do such interactions influence people’s assessment of the attractiveness of investments such as houses or stocks, and if so, is the actual investment behaviour of those people affected? Are individuals more likely to purchase […]

When employees retreat from corporate volunteering

Support for employee volunteering is a corporate social responsibility activity that signals commitment to social values and citizenship. It is also a strategic initiative that helps companies recruit new talent. Indeed, both researchers and practitioners argue that companies that facilitate their employees’ volunteering are viewed more favourably by job candidates and are therefore more likely to attract talent, especially young […]