In 2017, The Economist famously highlighted an oft-cited metaphor of Data as the New Oil to describe the growing centrality of data to the global economy (others assert it is not). More recently, The Economist have re-evaluated and asked whether … Continued
This month, the International Monetary Fund released its revised World Economic Outlook for 2020. It is worth taking a look through their current release, which although describing a dire forecast for 2020 is actually significantly improved on its expectations from … Continued
Christos sent along a recent blog post he recently wrote with other leading European economists on the Google-Fitbit deal as the topic for this week’s discussion since we will be covering competition policy in both TP1 and TP2 (and will … Continued
Do facts and scientific evidence matter in policymaking? For those of us with a strong belief in the scientific process, the answer seems like it should self-evidently be ‘yes’. But the situation is not always so clear — there are … Continued
On Thursday (8 October), Prince William, the Duke of Cambridge, and Sir David Attenborough launched a £50m “Earthshot Prize”, which, they claim to be “the biggest environmental award ever”, and which, they hope, will become the equivalent of a “Nobel … Continued
Christos has suggested this week’s topic: Do we need an “Industrial policy” in the 21st century and if so, what are the instrument that should be employed? Back in 2004, Dani Rodrik starts his excellent piece on the need for … Continued
Famously, Google’s unofficial motto was ‘Don’t Be Evil’ (sometimes misdescribed as ‘Do no evil’) but any such corporate claim will inevitably lead to tensions since corporations, especially those that span the globe with a professed interest in having an impact … Continued
Today the Labour Party issued its latest policy announcement #BroadbandForAll – i.e., spend £15.9bn to improve superfast broadband (on top of the £5bn already earmarked by government) and nationalise BT Openreach (worth c£15bn). This comes on the heels of previous … Continued
The notion of the triple helix of Etzkowitz et al echoes some of our earlier discussions and interposes universities between business and government nominally replacing the military in what Eisenhower warned of as the ‘military-industrial complex‘ into a seemingly more … Continued
What is the future for the leading US tech giants? Google/Alphabet, Apple, Amazon, Microsoft and Facebook are, on the one hand, technology giants able to exert some degree of market power in their main segments and defend against new entrants … Continued