The new economics of industrial policy
Industrial policy is at the heart of the current economic discourse, propelled by major legislative acts from the Biden administration. This column presents an analysis
Imagine a better climate pact than COP
This year’s United Nations climate summit in Dubai is unlikely to achieve much because all 197 states must agree on decisions. The need for unanimity
Eleven climbers killed as Indonesia volcano erupts, search on hold
Eleven climbers were found dead in Indonesia on Monday following the eruption of the Marapi volcano in West Sumatra, a rescue official said, as a
Government redistribution and development: A global perspective on taxes, transfers, and inequality
Despite a renewal of public and scholarly attention to inequality, little is known about the role of government taxes and transfers in shaping inequality across
Climate and conflict: Why COP needs to be reformed
Climate change is a global common, but its impact across the world is not common – it is very uneven. Mitigation of climate change also
Trends and inequality in lifetime earnings in France
Sharp increases in earnings and income inequality in the late 20th century generated heated policy debates and academic enquiry into the causes of distributional change.
Transmission of interest rate hikes depends on the level of central bank reserves held by banks
Banks with substantial central bank reserves are earning income from their reserve holdings in the ECB’s recent rate hiking cycle. This column uses new data
Canada, Google strike deal to keep news in search results
Canada and Google have reached a deal to keep news stories in search results and for the internet giant to pay C$100 million ($73.6 million)
Fintech firm SoFi set to exit cryptocurrency business
Financial technology firm SoFi Technologies is set to exit the cryptocurrency business and has given its customers the option to migrate to UK-based Blockchain.com, the companies
Microsoft to take non-voting, observer position on OpenAI’s board
Microsoft will take a non-voting, observer position on OpenAI’s board, CEO Sam Altman said in his first official missive after taking back the reins of
