Blogs&Reviews

  • The destination-based cash flow tax: A negative-revenue tax?

    David Laborde, William Martin, 17 April 2019

    David Laborde and Will Martin identify serious problems with the proposal to combine features of a VAT and a wage subsidy, especially for countries where the direct government revenue implications are strongly negative.

  • Simon Wren-Lewis asks why pundits failed to see how far right the Conservatives were moving under Cameron, and the subsequent rise of Corbyn in 2015 and Labour’s gains during the 2017 campaign.

  • No ordinary woman

    Diane Coyle, 08 April 2019

    Diane Coyle reviews a biography of Edith Penrose written by her daughter-in-law, Angela Penrose.

  • Francis Fukuyama against mainstream economics

    Branko Milanovic, 01 April 2019

    Branko Milanovic highlights a number of views on economics from Francis Fukuyama’s "The origins of political order", many directly critical of some mainstream nostrums.

Other Recent Blogs&Reviews:

  • Jonathan Dingel, 31 May 2018

    Inferring tradability is hard. In this post, Jonathan Dingel reviews papers that explore predictions of tradable and non-tradable industries and activities.

  • Simon Wren-Lewis, 30 May 2018

    Macroeconomics gave up on trying to explain recent macroeconomic history, or, why the economy did what it did over the last 30 or 40 years. In this post, Simon Wren-Lewis argues that it is time that macroeconomics revisited the decisions it made around 1980, and realise that the deficiencies with traditional time series analysis were not as great as they were made out to be.

  • Jon Danielsson, 30 May 2018

    Volatility is only a good measure of risk when shocks are distributed normally. This post argues that extreme value theory offers a better, if imperfect alternative. Even better would be to use more fundamental analysis.  

  • Thorsten Beck, 29 May 2018

    The main tension between London and Brussels seems to stem from a fundamentally different approach: for the UK government, Brexit is a political process; for the European Commission, a legal-administrative process. Thorsten Beck reviews the current situation and concludes that the political class in the UK has failed its population.

  • Roger Farmer, 29 May 2018

    So-called experts make predictions about prospects for UK after Brexit as if we can plan for the future using known statistical probabilities, but no one knows what the consequences will be relative to staying in the EU in 15 years’ time. The one thing that will get us into trouble, though, is being ‘sure’ about predictions that might be plain wrong.

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