The nitrogen paradox: Every sweet hath its sour

When the philosopher and poet Ralph Waldo Emerson wrote in 1841, “Every sweet hath its sour; every evil its good”, nitrogen was surely the last
EHC Investment, Supermicro to develop sovereign AI modular data centres

This collaboration reflects a shared commitment to accelerating the availability of high-performance, energy-efficient, and sovereign AI-ready digital infrastructure. EHC Investment, a subsidiary of International Holding
Defragmenting European Union climate policy

Simplification without carbon price convergence risks deeper fragmentation, higher costs and weaker credibility for the EU’s climate target. Executive summary There is broad agreement that the European
Export bans that weren’t really bans: How Russia kept importing military goods

Despite comprehensive export sanctions from Western allies against Russia, Western components continue to appear in Russian weapons. This column uses transaction-level Russian customs data combined
The work-from-home wage premium

Studies have found that workers typically value the option to work from home and are willing to accept sizable wage cuts in exchange for it,
Ruling for the rich: Evidence of a pro-wealthy bias on the US Supreme Court

There have long been concerns that US Supreme Court decisions increasingly favour economic elites. This column analyses 1,782 cases from 1953 to 2022 to examine
Geopolitical risk and supply chain diversification

Geopolitical risks are reshaping global production, yet little is known about how firms reallocate their supply chains in response. Using parent-affiliate matched data on Japanese
The gender wage gap and what firms have to do with it

Early explanations for gender wage gaps focused on human capital or career choices. This column uses data from the US and ten European countries to
Creating high-opportunity neighbourhoods: Evidence from the HOPE VI programme

Income segregation in the US has increased over the past four decades, restricting access to opportunity for many low-income families. This column reports on a
The venture capital challenge for Europe

In recent decades, European firms’ share of global venture investment activity has remained flat or even declined. This gap is linked to a lower rate

