technocracy

Should Central Banks Have Constraints During a Crisis? A Mini-Course With Paul Tucker (Part 1)

The Federal Reserve and the ECB have been taking unprecedented steps to react to the financial impact of Covid-19. To frame the debate around the...

The Road to Digital Serfdom? The Visible Hand of Surveillance Capitalism

Surveillance capitalism is not the capitalism of old, writes Harvard professor emerita Shoshana Zuboff in her new book The Age of Surveillance Capitalism.     Surveillance capitalism departs...

Paul Tucker on Unelected Power: A Technocrat against Technocracy

In a recent review of Paul Tucker’s new book Unelected Power (extracted here for ProMarket), Diane Coyle of the University of Manchester and the...

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More than Economics, Ideology Determines US Voters’ Preferences for Redistribution

The US stands out among developed economies for its comparatively low level of redistribution as a percentage of GDP. Gustavo de Souza...

Stakeholder Motivations for “Private Sanctions” Against Russia

As the war in Ukraine enters its second year, a new study measures stakeholders’ desire to see their firms exit Russia and...

The Wicked Problem Embodied by The Twitter Files

In response to a recent ProMarket post about the Twitter Files, professor Tom Ginsburg points out that the toughest question lies in...

Study Shows Universal Bank Trades Are Informed by Private Commercial Borrower Information

New research by Rainer Haselmann, Christian Leuz, and Sebastian Schreiber finds evidence suggesting that German banks with commercial lending relationships improve their...

Industrial Policy Is a Seductive Mirage

Industrial policy was once so out of fashion that it was jokingly called “the policy that shall not be named.” Now it’s...