Blogs&Reviews

  • The Trade and Cooperation Agreement signed between the European Union and the United Kingdom goes against six decades of UK efforts to avoid being economically disadvantaged in Europe. Tracking the evolution of the EU-UK relationship over the last 60 years can help in understanding this.

  • Self-fulfilling prophecies, quasi-non-ergodicity and wealth inequality

    Jean-Philippe Bouchaud, Roger Farmer, 13 January 2021

    Jean-Philippe Bouchaud and Roger Farmer argue that the vast inequalities we see in the world distribution of wealth are deeply connected to a somewhat esoteric concept from the theory of stochastic processes. 

  • Richard Baldwin hopes that the Covid-19 pandemic will foster a spirit of global solidarity and cohesion, a sense of shared humanity and common imperative.

  • Why the anti-appers?

    Michael Kende, 04 December 2020

    Michael Kende argues that the lack of digital trust in contact tracing apps which could help control the pandemic, save lives, and normalise our societies is a major wake-up call. 

Other Recent Blogs&Reviews:

  • Thorsten Beck, 12 April 2018

    My CEPR Discussion Paper, “The economics of supranational bank supervision” was just published. It is the latest installment in a series of papers on the tension between national bank supervision and cross-border banking. This post summarises the main empirical findings that illustrate how international supervisory cooperation is related to economic links. 

  • Jon Danielsson, 12 April 2018

    The financial press had a field day when volatility hit a high in early February. In this post I argue that it was not all that extreme. The high point of volatility was only the 103th highest volatility in the past 88 years. 

  • Roger Farmer, 11 April 2018

    This post accesses the little-hyped concept of ergodicity.  In an exploration of economic forecasts, I argue that ergodicity must be injected into probability models.  From that ensues trips into the butterfly effect, multiple equilibria, and the representative agent approach.

  • Thomas Sampson, 10 April 2018

    In this post I examine a recent policy paper from the UK government that looks at trade in a post-Brexit EU and lay out several issues in need of consideration.

  • Ashoka Mody, 01 April 2018

    Financial markets are better than economists in sensing non-linearities, the critical junctures where fundamental shifts occur. This article argues that politics, economics, and finance are threatening to shake things up; it’s no time to look away.

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