In order to achieve a satisfactory degree of socio-economic cohesion, the European authorities have long recognized the importance of convergence in per capita levels of Gross Domestic Product (GDP). As…
Publications
This open letter, addressed by 154 German economists against the Euro zone reform proposed by France, passed all but unnoticed. These well-known economists warn against a Europe led by a…
To help understand the genuinely transformative business technology of blockchain in the context of cryptocurrency hype, Wharton professor David Werbach encourages the distinction to be drawn between three frequently confused…
The Heathrow Expansion On the night of the 25th of June, the UK Parliament voted in favour (415 to 119) of the £14bn expansion of Heathrow airport in London. This…
WP 2018-06. Executive Summary.
On May 25th, 2018, one of the most sweeping changes to the regulation of the internet, the European Union’s General Data Protection Regulation (GDPR), came into effect. While it has…
“Do good and talk about it” became compulsory last year with the introduction of the new European CSR directive for companies with more than 500 employees. The keyword is Corporate…
Background to the looming standoff between Italy and the ECB Italy’s new government continues to confirm its commitment to fiscal policies which have triggered sensationalist reports in mainstream media questioning…
Scotland has recently imposed a price-floor on all alcoholic products, requiring retailers to charge at least £0.50 per unit (equal to 8g of pure alcohol, according to the UK government).…
A paper by economists Luigi Guiso, Paola Sapienza and Luigi Zingales (GSZ) has recently made headlines and received widespread approval within the academic community. Their contribution, titled Long-term Persistence, provides the…

