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The top ten ways in which firms and universities interact
When working on a recent book, charting The Impact of the Social Sciences, my co-authors Simon Bastow and Jane Tinkler and I talked with dozens of corporate executives, scientists and academics about...
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Maritime shipping must come to grips with its CO2 emissions
Maritime shipping is the transmission belt for the global economy, carrying 90 percent of global trade. It plays a fundamental role in the growth of the world economy. However, it is also a major...
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Boards with many female directors take as many risks as more male-dominated ones
Although companies are increasingly under social and legislative pressures to increase female representation in their boardrooms, research is far from conclusive with regards to the economic...
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Evidence suggests that firms set targets to avoid small losses
The first picture shows the distribution of actual earnings in our study on target setting (see the study in brief box below) and replicates a well-established finding that reported earnings exhibit a...
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Historical predictions that technology would bring calamity have largely failed
Technology is widely considered the main source of economic progress, but it has generated cultural anxiety throughout history. In a recent paper, we place today’s angst about technological change in...
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Countries with tight social norms innovate less in the international arena
An increasingly common way to source creative ideas is to ask the crowd for help. Various companies have launched online platforms to source creative ideas from online communities. For example,...
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People first resist but later tend to embrace garbage taxes
People do not like taxes. This is a recurrent fact in many contexts. Sometimes people do not like taxes even though they work just fine. Environmental taxes represent a good example. In most cases,...
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The question is not ‘if’ but ‘how much’ Brexit would cost the UK
There are many issues that will weigh in the minds of voters in the run up to the 23rd June EU referendum. Many people feel that they are oppressed by a remote, undemocratic super-state that can...
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Musicians are exploited on the London and Paris jazz scenes
As recorded music revenues decline, live music is increasing in economic importance. But working conditions in the sector are a problem. Live musicians frequently suffer from low pay, casualised work...
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Expect some re-shuffling in markets today – irrespective of the referendum...
There have been a number of warnings that a vote to leave the European Union on 23 June may have adverse effects on the UK stock market, both from public institutions – such as the Treasury and the...
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Taking a bit longer to do your shopping can save you money
Most of us are familiar with the experience of scouring supermarket shelves to find the items we want at the right price – but how effective are we at converting the time spent looking for a...
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When Goldman Sachs hires the former president of the European Commission
Business interests are key to European integration. Without them, there would have been no Single European Act, Schengen treaty or Eurozone. The Founding Father of the European project, Jean Monnet,...
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Africa’s Nile basin countries should invest in rain, not big infrastructure...
Last month the African Water Council of Ministers (AWCOM) and over 1000 experts gathered in Dar es Salaam during the Africa Water Week to discuss new pathways for development and increased investment...
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Fear of failure may inhibit entrepreneurs, but may also drive them to work...
“Let fear once get possession of the soul, and it does not readily yield its place to another sentiment.” — Sebastopol, Leo Tolstoy Expressing one’s fears may indicate weakness and might even be...
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Now Indonesia has a sovereign wealth fund – and it won’t be the last
Key players in international finance Sovereign wealth funds (SWFs) are large state owned investment funds. With assets under management of about US $7 trillion globally, SWFs have become key players...
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The Hidden Wealth of Nations: The Scourge of Tax Havens – Book Review
The Hidden Wealth of Nations: The Scourge of Tax Havens. Gabriel Zucman. University of Chicago Press, 2015. Find this book: Tax havens are low-tax jurisdictions that provide individuals and...
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Investing in the future of the UK: LSE relaunches its Growth Commission
© Copyright Martyn Pattison and licensed for reuse under this Creative Commons Licence The LSE Growth Commission was launched on 2 November 2016, with the public panel What Next for Growth in the UK?....
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Industrial policy: Past, present and future in post-Brexit Britain and beyond
Union Jack, by PeteLinforth, under a CC0 licence One in a series of evidence sessions for the Centre for Economic Performance’s second Growth Commission, a panel of top-tier economists, policymakers...
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Brexit and its effect on the pound, the UK’s trading position and productivity
London Pano (cropped), by kloniwotski, under a CC BY-SA 2.0 licence The authors of this blog post are members of the LSE's Student Union Economics Society and wrote this as a contribution to the LSE...
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Autumn Statement does little to dampen fears for the economic health of the UK
Philip Hammond, by Foreign and Commonwealth Office, under a CC-BY-2.o licence In his first Autumn Statement (and last – since he has decided to abolish them in favour of an annual November budget), the...
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