Since the 1970s, major US defense contractors have become less innovative than their non-defense counterparts. In new research, Sabrina T. Howell, Jason Rathje, John Van Reenen and Jun Wong assess the US Air Force’s recent ‘Open’ bottom-up reform which gives defense contractors more freedom to go beyond technology specifications. They find that winning Open contracts meant firms were more […]
When Joe Biden enters the White House in January, he will have the ability to reset an economic model that has failed to deliver prosperity for millions of Americans for decades. John Van Reenen calls for the creation of a Grand Innovation Challenge Fund that would see a large increase in Federal funding for research and development to fuel […]
In 2010, the US Census Bureau conducted the first large-scale survey of management practices in America, gathering data on more than 30,000 manufacturing plants. Nicholas Bloom and colleagues find strong links between establishments’ performance and the quality of their systems of monitoring, targets and incentives.
Business schools have long stressed the importance of good management, but until recently economists have […]
The Supreme Court’s ‘fair share’ case is an existential threat to public sector unions. But it may force them to engage and embrace choice.
The future of EU international investment policy – What clues to take from NAFTA 2.0?
US and Chinese tech firms increasingly play a game of Pac-Man
Trump is right to critique the Federal Reserve, but his attacks are in the wrong direction.
Ayşe Işın Kirenci reviews The New Age of Empire: How Colonialism and Racism Still Rule the World by Kehinde Andrews
Matt Bluemink reviews What Do We Know and What Should We Do About Fake News? by Nick Anstead
Kyle Scott reviews Meddling in the Ballot Box: The Causes and Effects of Partisan Electoral Interventions by Dov H. Levin 
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Experts react to the Scottish referendum result: The Nays have it
Experts react to the Scottish referendum result: The Nays have it
On 18 September, Scotland voted against independence from the United Kingdom by a margin of 55-45 per cent, an event that will be of interest to many in the U.S. given the commentary made there by many in the lead up to the vote. We asked a number of experts to comment on the results and what might occur […]