Economy

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    Book Review: Advanced Introduction to Platform Economics by Robin Mansell and W. Edward Steinmueller

Book Review: Advanced Introduction to Platform Economics by Robin Mansell and W. Edward Steinmueller

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In Advanced Introduction to Platform Economics, Robin Mansell and W. Edward Steinmueller offer a new roadmap to the economics and regulation of digital platforms, arguing that decisions about regulating platforms should be driven by careful economic analysis. This concise book provides a helpful guide to those coming with fresh eyes to studying platforms and platform regulation, finds Sara Bannerman.

Advanced Introduction to […]

Can competition law rein in Big Tech?

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Large technology companies such as Google, Facebook, Apple, and Amazon have a large impact on the economy and wider society, and that raises concerns on many fronts, ranging from data protection to the democratic will formation process. They also tend to become monopolies, which poses a challenge for competition law. Raphael Reims analyses the problems inherent in regulating Big Tech.

Is competition […]

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    The big risk now for the US is not hyperinflation, but long-term elevated inflation rates

The big risk now for the US is not hyperinflation, but long-term elevated inflation rates

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Inflation is back. Although rates are expected to recede during 2022, write Martin Pažický and Juraj Falath, there is considerable uncertainty and the Fed needs to act now to avoid having to reverse course later.

Although some price increases were expected, US inflation figures have now consistently exceeded economists’ expectations. Seven of the last ten CPI inflation readings surprised analysts […]

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    Book Review: Icebergs, Zombies, and the Ultra Thin: Architecture and Capitalism in the Twenty-First Century by Matthew Soules

Book Review: Icebergs, Zombies, and the Ultra Thin: Architecture and Capitalism in the Twenty-First Century by Matthew Soules

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In Icebergs, Zombies, and the Ultra Thin, Matthew Soules offers a new account of architecture under 21st-century capitalism, showing how buildings are bound up in the rise of financialisation. This compelling, chilling book offer valuable insights into both political and architectural theory, finds Monika Dybalska.

Icebergs, Zombies, and the Ultra Thin: Architecture and Capitalism in the Twenty-First Century. Matthew Soules. Princeton Architectural […]

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    Printing money can be a hidden form of taxation in developing countries

Printing money can be a hidden form of taxation in developing countries

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Printing new money tends to create inflation unless excess money is removed from circulation by higher taxes. Muneeb Sikander writes that governments in emerging economies usually lack the ability to collect higher taxes, especially from the wealthy, and might choose to print money as opposed to taking more financially prudent mechanisms such as raising taxes or carrying out […]

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    Persistent inflation seriously threatens the Democrats’ chances of controlling Congress in the 2022 midterm elections

Persistent inflation seriously threatens the Democrats’ chances of controlling Congress in the 2022 midterm elections

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Following a summer of declining approval ratings, President Joe Biden now faces further falling sentiment as concerns about inflation increase. Paul Whiteley and Harold Clarke find that consumer confidence, which is influenced by inflation and unemployment rates, tends to track with presidential approval. With consumer confidence on the decline because of concerns about persistent inflation, they argue, Joe Biden […]

The risks of prolonged higher inflation

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With consumer prices rising at the fastest pace for three decades, what are the risks of prolonged higher inflation as a result of the current stance of fiscal and monetary policy, and what is the likely impact of an easing of supply bottlenecks? Romesh Vaitilingam sums up the views of a panel of US economists on these two issues. […]

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    The US may be stuck with higher inflation in 2022, and potentially beyond

The US may be stuck with higher inflation in 2022, and potentially beyond

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As the world economy begins its recovery from the COVID-19 pandemic, year-on-year inflation rates have reached their highest levels in over three decades. Will this increased inflation be temporary or is it here to stay? To address these questions, Patricia Sanchez Juanino, Corrado Macchiarelli and Barry Naisbitt discuss US inflation scenarios for the next 18 months. They find it […]

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    The rise of populism in advanced economies: blame it on globalisation?

The rise of populism in advanced economies: blame it on globalisation?

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Protectionism and isolationism have been growing throughout the world, in what became known as the backlash against globalisation. Using newly assembled data for 23 industrialised, advanced democracies and global trade data, Italo Colantone, Gianmarco Ottaviano, and Piero Stanig analyse voting behaviour and track trade policy interventions. They write that international trade is not the only factor causing the upheaval. Society must […]

Will Uber still exist by the end of the decade?

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Once the poster child of digital disruption, Uber sees its business strategy now beginning to fall apart. George Maier looks at Uber’s strategy and asks whether this could be the first domino in a downfall of unprofitable digital-platform companies.

For the past 12 years, Uber has attempted to “disrupt” the taxi industry by focusing on a streamlined app-based customer experience and […]

November 6th, 2021|Economy, George Maier|0 Comments|
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