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Continue reading →: How Do Investors Predict Stock Market Trends?
By Nicholas Mangee On May 1, 2024, Federal Reserve Chair Jerome Powell now-famously stated that, “I don’t see the stag or the-flation, actually.” On May 7, 2025, just over a year later, the Fed’s narrative has shifted. Powell, in an about-face, told reporters after the FOMC decided to leave rates…
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Continue reading →: Using Economics to Understand Political Outcomes: A New Encyclopedia of Public Choice
By Richard Jong-A-Pin and Christian Bjørnskov Why do trade policies typically favour certain groups of industries? Why do politicians regularly ignore large groups of their voters? Why does corruption persist as a major problem in large parts of the world although everyone recognises how problematic it is? These and other…
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Continue reading →: To apple or not to apple…
Annie Tubadji presents a structured explanation of why people love and hate; why people act in the way that they do; and how this ultimately impacts the entire economy.
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Continue reading →: How to Create Liveable and Productive Working Habitats
These days, the role of paid work is being questioned from the point of view of the economy and the latest technologies as well as from the point of view of individuals. There is a lot at stake for work in general and for all those who must cope with…
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Continue reading →: Out of ideas? “Social Europe” and the stagnation of EU integration
Across the globe, liberal values are giving way to authoritarian nationalism. This is especially apparent in Europe, where, in just a decade or so, the spirit of the times has turned from deepening and widening an ever closer union to a defensive struggle for survival of the European project.
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Continue reading →: Framing AI Job Displacement: The Role of Free-Market Rhetoric
Free marketeers tell us repeatedly that we have nothing to worry about as long as we put our faith in the market, which provides salvage as we go along. Some free marketeers go as far as suggesting that adopting the free-market doctrine in its purest form (meaning no public policy…
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Continue reading →: Reclaiming the Referendum for Democracy
“The referendum in the people’s veto” wrote the Victorian constitutionalist Albert Venn Dicey. But, as I outline at length in my book Understanding Referendums, which came out this month, referendums tend to be Top Down. Rather than being a people’s shield, this particular form of semi-direct democracy is generally used as…
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Continue reading →: Who speaks for the social? Social work in a fragmented welfare landscape
In today’s welfare states, human needs no longer fit neatly within sectoral boxes. As lives become more complex, so too does the map of service provision. From healthcare to education, migration to criminal justice, the demand for ‘joined-up’ solutions have become a mantra. And in the middle of this complexity,…
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Continue reading →: The Hitchhiker’s Guide to Comparative Financial Regulation
Over the past decades, we have witnessed a massive globalization of finance. So much so that we often have the impression that financial globalization would spontaneously result in regulatory harmonisation. Indeed, some areas of financial regulation have reached a remarkable degree of harmonisation, at least at the regional level. However,…
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Continue reading →: Time for a Precarity-Centered Economics
Economics is a backward science. Conventional economics has long focused on markets that produce or even perpetually exist in a state of equilibrium, where perfect competition and price adjustments yield “economic efficiency,” the best of all possible worlds. From that starting point, any real-world problem is inevitably seen as a…
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