Other Recent Blogs&Reviews:

  • Richard Baldwin, 19 December 2018

    The theme of the 2019 WEF in Davos will be "Globalisation 4.0". Richard Baldwin sees this stage of globalisation as the third unbundling, when digitech will allow arbitrage of international wage differences without the physical movement of workers.  

  • Paul De Grauwe, 19 December 2018

    New budgetary rules imposed by the European Commission prevent the costs of public investment from being spread over time, obliging governments to impose 100% of the costs of envinronmental investments on today’s households and firms. Paul De Grauwe suggests a solution.

  • L Alan Winters, 18 December 2018

    In this post, Alan Winters argues that uncertainty will continue whether or not the Brexit Withdrawal Agreement is approved by Parliament.

  • Enrico Perotti, 18 December 2018

    In this post, Enrico Perotti explains the concept of financial stagnation, which occurs when an excess supply of savings is not reabsorbed by market adjustment, as interest rates fail to adjust the imbalance.

  • Richard Baldwin, 17 December 2018

    In the final post in his series on AI, Richard Baldwin describes how many of today’s most innovative products, apps, and systems are simply mash-ups of standard digital components, in a process Google's Hal Varian calls 'combinatorial innovation’.


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