When I started running the numbers at the end of January, I reluctantly began to draw my own conclusions regarding plausible future scenarios. I had a hard time convincing myself. I subsequently (re) learned that good old fashioned ‘denial’ is the first step of dealing with any crisis. As any good academic, I had written about it, but was […]
How does leadership development need to change in the light of the turbulent and fast-changing economic, political and social environment organisations find themselves having to operate in? This was the questions global management network EFMD explored in a research project involving a special interest group of 12 member companies, including Bayer, L’Oreal, Nokia, Engie, Swiss Re and Siemens.
The group […]
If you are interested in this book review, you may like to listen to this ‘Extra Innings’ episode of The Ballpark podcast in which Joseph Sternberg talks to Ballpark host Chris Gilson about his book.
The Theft of A Decade: How the Baby Boomers Stole the Millennials’ Economic Future. Joseph C. Sternberg. PublicAffairs. 2019.
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‘How is it that […]
The World Health Organization has declared a global pandemic as the coronavirus spreads rapidly across the world. As tumbling stock markets reveal growing fears about the potential economic impact, we invited US and European economists to express their views on the likelihood of a major recession. We also asked them about the relative importance of the supply and demand […]
The rapid and global spread of the new coronavirus within just a few weeks is infecting the global economy. While containment of the virus and efforts to reduce the loss of life have ultimate priority, policy makers need to act quickly to contain the economic fallout. In a new paper, we study how the arrival of the new coronavirus […]
The great American baseball sage, Yogi Berra, is thought to have once remarked: ‘It’s tough to make predictions, especially about the future’. That is certainly true, but thankfully the accelerating development and deployment of machine learning methodologies in recent years is making prediction easier and easier. That is good news for many sectors and activities, including microprudential regulation. In […]
The discussion of “fair” participation of female professionals in the workforce has been a hot topic in business literature and practice. Several large enterprises, such as Santander, Uber, PWC and McKinsey, to name a few, are putting policies in place to tackle gender inequality. The issue, however, seems to go beyond representation.
The following table shows some of the barriers […]
If you are interested in this review, you can watch a video of Robert J. Shiller speaking about his new book at LSE or listen to a podcast of the event, both recorded on 6 September 2019.
Narrative Economics: How Stories Go Viral and Drive Major Economic Events. Robert J. Shiller. Princeton University Press. 2019.
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Robert Shiller’s new […]
There is broad consensus on the desirability of making markets more efficient, across several economies to increase competitiveness and improve future growth prospects (OECD, 2012; European Commission, 2013; IMF, 2016; OECD, 2012). In the current policy context, advancing structural reforms is of paramount importance to address the decline in productivity growth — the key long-term driver of living standards — […]
There is something odd about calling the misuse of personal data online a privacy ‘issue’. We need ‘privacy’ when we undress or talk to our loved ones; it’s about feelings like shyness and embarrassment. In the digital world we label lots of things as ‘privacy issues’; but is stealing my credit card details and using it to rack up […]
Covid-19 (coronavirus) hit China at the start of December and outbreaks have spread more widely. The virus is bringing considerable human pain. It is also resulting in significant economic disruption from quarantines, restrictions on travel, factory closures and a sharp decline in many service sector activities.
The world economy is in its most precarious position since the global financial crisis
How to Do Nothing: Resisting the Attention Economy. Jenny Odell. Melville House Publishing. 2019.
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The Potential of Nothing is Everything
How to Do Nothing: Resisting the Attention Economy by Jenny Odell caught my attention as someone who is anxious about not doing enough, while feeling I’ve overcommitted to too many things. A function of over-promising and under-delivering in […]