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    Conflicts of interest may bias research in finance and economics

Conflicts of interest may bias research in finance and economics

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Economists have explicitly recognised the possibility that regulatory agencies may be captured by those whom they are supposed to regulate. However, the economics profession has been much more hesitant about recognising similar conflicts of interests that may exist in economics and finance research (i.e., academic capture). Thorsten Beck and Orkun Saka report on the related discussions and research recently […]

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    What Happened?: The 2020 election confirmed that Ohio is no longer a swing state.

What Happened?: The 2020 election confirmed that Ohio is no longer a swing state.

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Once seen as the archetypal swing state, Ohio has voted for the Republican candidate in the last two presidential elections. Kevin Fahey takes a deep dive into the changing electoral fortunes of the Democratic Party in The Buckeye State, writing that while the party tends to perform well in urban areas in many other Midwestern states, this is not […]

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    Biden’s messy Afghanistan withdrawal has increased the need to deliver on his domestic agenda

Biden’s messy Afghanistan withdrawal has increased the need to deliver on his domestic agenda

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After nearly two decades of boots on the ground, last month American forces left Afghanistan, with the Taliban retaking the country much more quickly than had been anticipated by the administration of President Biden. In this Q&A, LSE Phelan US Centre Director Professor Peter Trubowitz looks at the withdrawal from Afghanistan in the context of a US strategic adjustment […]

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    Book Review: Unsettled: What Climate Science Tells Us, What It Doesn’t, and Why It Matters by Steve Koonin

Book Review: Unsettled: What Climate Science Tells Us, What It Doesn’t, and Why It Matters by Steve Koonin

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In Unsettled: What Climate Science Tells Us, What It Doesn’t, and Why It Matters, Steve Koonin sets out his scepticism about the science of climate change, arguing that increasing global temperatures could be down to natural variability rather than human activities. Bob Ward finds that the book is not a robust guide to the subject and is based on […]

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    Book Review: Deaths of Despair and the Future of Capitalism by Anne Case and Angus Deaton

Book Review: Deaths of Despair and the Future of Capitalism by Anne Case and Angus Deaton

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In Deaths of Despair and the Future of Capitalism, Anne Case and Angus Deaton document the rising death rates from suicide, drug overdoses and alcoholic liver disease in the US, exploring what these ‘deaths of despair’ reveal about capitalism and the healthcare system. Making a compelling case for exploring these deaths of despair and their implications, this stimulating and thought-provoking book […]

How good are multinationals for you?

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The expanded presence of multinational enterprises in the world raises questions about how a country benefits from foreign direct investment. Kasper Vrolijk looks at global value chains (firms organising production across multiple countries) and “superstar firms”, those accounting for a large share of overall economic activity, with market concentration. He suggests that governments might have to adopt firm-specific policies, weighing […]

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    The IPCC report is a grim reminder that the US will not be spared the extreme effects of climate change

The IPCC report is a grim reminder that the US will not be spared the extreme effects of climate change

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This week the Intergovernmental Panel on Climate Change (IPCC) released the first part of its 6th assessment report on climate change, confirming that global temperatures have risen due to emissions of greenhouse gases from human activities. Bob Ward reflects on the report, and the Biden administration’s response to it, highlighting its conclusions that climate change means that the US […]

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    Biden’s $1.2 trillion infrastructure bill is good policy – and good politics

Biden’s $1.2 trillion infrastructure bill is good policy – and good politics

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The Senate is set to pass a $1.2 trillion infrastructure bill with bipartisan support. In this Q&A, Julie Norman explains what’s in the bill, what it means for Biden, and what’s next for Democrats – who are also pushing another infrastructure bill.
What’s included in the bipartisan infrastructure bill? 
The $1.2 trillion bipartisan bill – which is set to be voted […]

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    Courts in more Republican-leaning counties sentence Black individuals to longer prison terms than White individuals

Courts in more Republican-leaning counties sentence Black individuals to longer prison terms than White individuals

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The United States puts more people in prison than any other country in the world, and Black and Latinx individuals are disproportionately incarcerated and for longer. In new research which examines over 500,000 people admitted to state prisons through county courts, Katherine A. Durante finds that Black and Latinx individuals are sentenced, on average, for longer than White individuals, […]

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    Book Review: Power Shift: The Global Political Economy of Energy Transitions by Peter Newell

Book Review: Power Shift: The Global Political Economy of Energy Transitions by Peter Newell

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In Power Shift: The Global Political Economy of Energy Transitions, Peter Newell examines energy transitions at all levels of governance, drawing out the lessons learned from prior energy transitions to unlock an actionable understanding of today’s struggle to decarbonise the global economy. While the book stops short of presenting a detailed comparative analytical framework, researchers can learn a great […]

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