Why we don’t write more papers on political finance
Despite the commonly held views of economists on regulatory capture, our profession has been much more hesitant in recognising…
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Impacts of the vaccine intellectual property rights waiver on global supply
In a policy reversal, the US has announced its support for a proposed temporary waiver of intellectual property rights on COVID-19-related…
The moral hazard of limited liability
A predominant example of moral hazard is the application of limited liability to the shareholders of publicly listed private-sector…
Regulating oligopolistic exchanges
Over the past two decades, governments and regulators have worked to foster competition among trading venues, leading to market…
Trade unions in America: The times they are a-changin’
The US labour market is producing too few jobs and those it is producing are often low paid and of poor quality. This is exacerbated by the fact that workers do…