Economy

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    Why an emergency Universal Basic Income makes sense during the Covid-19 pandemic

Why an emergency Universal Basic Income makes sense during the Covid-19 pandemic

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Aside from the human cost, the Covid-19 pandemic is expected to have massive negative effects on the worldwide economy. Soomi Lee writes that the introduction of an emergency Universal Basic Income would help reduce the effects of the expected downturn and provide some financial security for people by immediately giving all adult Americans $1,000, regardless of their circumstances. 
The Novel […]

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    Economic policy under the coronavirus: an unconventional challenge

Economic policy under the coronavirus: an unconventional challenge

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An unprecedented, innovative and internationally coordinated policy response is needed, writes Muhammad Ali Nasir.

The COVID:19 (aka coronavirus) is hitting all aspects of human civilisation, including the global economy and international financial system. The outbreak of the pandemic has led to a sharp reduction in economic activity and turmoil in the financial markets. Its adverse economic impact is being felt […]

The future of work: opportunities for a gender new deal

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Basic income debates seem directed towards a genderless, universal citizen, ignoring the potential to challenge the resiliently gendered division of paid and unpaid labour, writes Sarah Ashwin.

Advances in artificial intelligence (AI) have sparked renewed fears regarding the future of work. One widely discussed solution to this perceived problem is a universal basic income (UBI), provoking debates about the justice, […]

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    Over 150 years of data show that trends in UK and US house prices have little in common.

Over 150 years of data show that trends in UK and US house prices have little in common.

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In new research, Giorgio Canarella, Luis A. Gil-Alana, Rangan Gupta and Stephen M. Miller look at trends in UK and US house prices going back more than 150 years. While on the surface house price trends on both sides of the Atlantic look quite similar, by using a new modelling technique, they find that there are […]

Putting sustainable finance into practice

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Many initiatives have been launched to provide businesses with answers and help them navigate expectations, writes Christine Chow.

Ensuring that their investment portfolio contribute to the long-term sustainability of the planet is one of the key challenges organisations face today. That means adopting prudent financing and a thoughtful investment strategy. But how can financial sector players go about doing that? […]

February 29th, 2020|Christine Chow, Economy|0 Comments|
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    Americans start caring more about deficits and the national debt when the party they oppose runs them up.

Americans start caring more about deficits and the national debt when the party they oppose runs them up.

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In the past two decades, US budget deficits have skyrocketed, and the national debt is now over $22 trillion. But do Americans care about the size of deficits and the national debt? In new research, John V. Kane and Ian G. Anson find that people tend to care more about the deficits and debts when they are increased by […]

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    Book Review: The Globotics Upheaval: Globalization, Robotics and the Future of Work by Richard Baldwin

Book Review: The Globotics Upheaval: Globalization, Robotics and the Future of Work by Richard Baldwin

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In The Globotics Upheaval: Globalization, Robotics and the Future of Work, Richard Baldwin provides a new analysis of how automation and globalisation could together shape our societies in the years to come. Drawing on numerous examples to keep readers engaged from cover to cover, this book is a tour de force, writes Wannaphong Durongkaveroj, discussing the past, present and future of globalisation and […]

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    Book Review: The Theft of A Decade: How the Baby Boomers Stole the Millenials’ Economic Future by Joseph C. Sternberg

Book Review: The Theft of A Decade: How the Baby Boomers Stole the Millenials’ Economic Future by Joseph C. Sternberg

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In The Theft of a Decade: How the Baby Boomers Stole the Millennials’ Economic Future, Joseph C. Sternberg argues that the predicament facing Millennials today – including job precarity and difficulties entering the housing market – is not of their own doing, but rather the outcome of poor policy decisions taken by the Baby Boomer generation that have only been exacerbated […]

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    The Ballpark Podcast Extra Innings: The Theft of a Decade: How the Baby Boomers Stole the Millennials’ Economic Future – an interview with Joseph Sternberg

The Ballpark Podcast Extra Innings: The Theft of a Decade: How the Baby Boomers Stole the Millennials’ Economic Future – an interview with Joseph Sternberg

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In this Extra Inning from the LSE US Centre, Ballpark host Chris Gilson talks with The Wall Street Journal’s Joseph Sternberg about his new book, The Theft of a Decade: How the Baby Boomers Stole the Millennials’ Economic Future. In the interview, Joseph Sternberg outlines the effects of the Great Recession on Millennials and talks about Millennials’ economic and […]

Slow economic growth is a sign of success

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Growth is slower because we have achieved lower fertility and shifted spending away from goods and towards services, writes Dietrich Vollrath.

We’re accustomed to looking at the growth rate of GDP to evaluate the health of our economy. Which is why the recent slowdown in growth appears so troubling. In the US, GDP growth for 2019 was 2.3%, meaning it […]

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