Blogs&Reviews

The border between creation and cataclysm
Diane Coyle, 09 December 2018

Diane Colye reviews "Prosperity: better business makes the greater good" by Colin Mayer, who argues that, for the most, part big companies deserve their dismal reputation.
Resist, rebel, and Remain
John Van Reenen, 07 December 2018

In this post, John Van Reenen argues that members of Parliament should vote down Theresa May's Brexit dealt without hesitation, creating the opportunity for a coalition of MPs to pass legislation for a People’s Vote.
Artificial intelligence for international economists (by an international economist): Part 1 of 5
Richard Baldwin, 07 December 2018

In this first in a five-post series, Richard Baldwin looks at why it is difficult for us to comprehend the explosive advancement of digital technology.
What is the half-life of economic injustice?
David Miles, 06 December 2018

In this post, David Miles uses versions of a neoclassical growth model to trace through the evolution of economic injustice over time.

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Lessons from the Greek tragedy unlearnt

Simon Wren-Lewis, 03 September 2018

Greece's three-year euro area emergency loan programme has come to an end. In this post, Simon Wren-Lewis describes how euro area governments and the Troika turned a painful adjustment into a major calamity.
Rising US real interest rates imply falling real commodity prices

Jeffrey Frankel, 27 August 2018

The current US combination of loose fiscal policy and normalisation of monetary policy suggests that real interest rates and the value of the dollar may go up. In this post, Jeffrey Frankel describes how the 'overshooting' theory predicts that, as a result, real commodity prices are headed down.
Could another referendum reverse the Brexit vote?

Rachel Lurie, Ashoka Mody, 22 August 2018

The clamour has recently increased for another referendum in the hope of reversing the Brexit decision. In this post, Rachel Lurie and Ashoka Mody argue that the long-standing frustrations that led many to vote Leave would remain prominent in a new Brexit vote, so those who hope for a Brexit reversal may be disappointed.
Taking time seriously in economics

Diane Coyle, 21 August 2018

Time to produce and time to consume are not taken seriously in economic theory. In this post, Diane Coyle reviews Ian Steedmans' book " Consumption Takes Time: Implications for Economic Theory", which works through basic microeconomic theory when a time identity and the fact that consumption takes time are included.
Addressing global imbalances requires cooperation

Maurice Obstfeld, 10 August 2018

The IMF's 2018 External Sector Report assesses the current account balances for the 30 largest economies. In this post, Maurice Obstfeld outlines the key findings of the report.

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Blogs&Reviews

The border between creation and cataclysm

Resist, rebel, and Remain

Artificial intelligence for international economists (by an international economist): Part 1 of 5

What is the half-life of economic injustice?

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