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News and Press

News Archive 2009

Times of India

Time to reinvent the job factory

Article written by Richard Freeman asks “Who will suffer the longest and the most from the implosion in 2008-2009 of Wall Street and the ensuing world recession?” He is [also] senior research fellow on labor markets at the Centre for Economic Performance, London School of Economics and directs the Science and Engineering Workforce Project at the National Bureau of Economic Research.

This article appeared in the Times of India on 31st December 2009 Link to article

Related links
Richard Freeman webpage
Labour Markets Programme webpage


News Posted: 31/12/2009      [Back to the Top]

CNN

Special Business Interview

Linda Yueh interviewed, speaking on China’s economy in 2009 and 2010.

This interview was broadcast on CNN on 30 December 2009 Link to article

Related links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 30/12/2009      [Back to the Top]

Channel 4

Man on earth

Tim Leunig interviewed, explaining the industrial revolution as part of the series hosted by Tony Robinson.

This interview was broadcast on 28 December 2009. Link to article

Related links
Tim Leunig webpage
Globalisation Programme webpage


News Posted: 28/12/2009      [Back to the Top]

CNBC

Worldwide Exchange

Linda Yueh was Guest Host, commenting on Asian and global economic issues as well as looking ahead to 2010.

This programme was broadcast on 24th December 2009 on CNBC (No link avaliable).

Related links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 24/12/2009      [Back to the Top]

Propertywire.com

Spanish banks need to offer huge price discounts in 2010 to sell off massive stock of properties

According to Luis Garicano Professor of Economics and Strategy at the London School of Economics (LSE), prices are down very little compared with other countries like the US where they have dropped 50% from peak.

This article appeared in Propertywire.com on 24th December 2009 Link to article

Related links
Luis Garicano webpage
Productivity and Innovation Programme webpage


News Posted: 24/12/2009      [Back to the Top]

CNBC

'Decade in Review: 2004'

Linda Yueh commented on the beginning of the China effect and boom.

This interview was boadcast on CNCB on 23rd December 2009. Link to article

Linda Yueh webpage
Globalisation Programme webpage


News Posted: 23/12/2009      [Back to the Top]

GMTV

Linda Yueh

Linda Yueh interviewed, to comment on the forecast for the UK economy for the next 2 years.

This interview was broadcast on 21 December 2009 on GMTV. (No Link avaliable)

Related links
Linda Yueh webpage
Globalisation Programme webpage
.

News Posted: 21/12/2009      [Back to the Top]

Channel 4 News

Linda Yueh Interview

Linda Yueh interviewed on the effect of shifting global economic power to emerging economies on the Copenhagen climate change summit.

This interview was broadcast on 21 December 2009 on Channel 4. Link

Related links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 21/12/2009      [Back to the Top]

Daily Telegraph (Business)

Moody's 'axe blow' to Spanish debt rating

Professor Luis Garciano from the London School of Economics comments on Spain's property bubble

This article appeared in the Daily Telegraph on the 18th December 2009. Link to article

Related links
Luis Garicano webpage
Productivity and Innovation webpage


News Posted: 18/12/2009      [Back to the Top]

BBC World Service

The World Today



News Posted: 16/12/2009      [Back to the Top]

Kyero

Spanish property prices: further to fall

House prices in Spain haven’t yet fallen far enough, says Spaniard Luis Garicano Professor of Economics and Strategy at the London School of Economics (LSE), in an interview with the daily paper Público.

This article appeared on Kyero.com on 16 December 2009. Link to article

Related links
Luis Garicano webpage
Productivity and Innovation Programme webpage


News Posted: 16/12/2009      [Back to the Top]

BBC News

Yegor Gaidar, Russian economic reformer, dies aged 53

Lord Richard Layard , a British economist who worked closely with Mr Gaidar during the period of reform, said he was saddened when he heard the news. ...

This article appeared on BBC News on 16 December 2009 Link to article

Related publications

CEP Discussion Paper
Who Gains and Who Loses from Russian Credit Expansion
Richard Layard, Ansgar Richter, July 1994 Paper No' CEPDP0200: Read Abstract

News Posted: 16/12/2009      [Back to the Top]

Times

The eclipse stakes

The action by striking workers at BA shows flagrant disregard for its customers. It is also reckless with the company in such a poor state, comments a Times editorial. "Even allowing for the selfishly narrow motivation of the workforce, the strike is highly unlikely to pay off. A study of strikes in the 1980s by economists at the London School of Economics found that the average increase in annual pay produced by strikes was only 0.3 per cent, while the average strike lasted 11 days."

This article appeared in the Times on December 15, 2009
Link to article

Related Publications
‘Do Strikes Pay?’, Peter Ingram, David Metcalf and Jonathan Wadsworth, Centre for Economic Performance Discussion Paper No.92, August 1992 (hard copy only)
'Do Strikes Pay?', in New Perspectives on Industrial Disputes, David Metcalf and Simon Milner (Eds.), Routledge, USA & UK, 1993.

Related Links
David Metcalf webpage
Jonathan Wadsworth webpage
Labour Markets Programme webpage

News Posted: 15/12/2009      [Back to the Top]

MorningStaronline

Activists join forces to freeze academy plans

Last year, scrutiny of academy results by the London School of Economics found that they "were statistically indistinguishable from matched schools."

This article appeared on the MorningStar Online on 14 December 2009. Link to article

Related Publications
‘Academy schools and pupil performance’, by Stephen Machin and Joan Wilson in CentrePiece Vol 14 Issue 1 Spring 2009 Link to article

Related Links
Stephen Machin webpage
Joan Wilson webpage
Education and Skills Programme webpage
Centre for the Economics of Education webpage


News Posted: 14/12/2009      [Back to the Top]

Apogevmatini

Modern Management: Good for the Environment or just Hot Air?

Greek newspaper article regarding CEP paper on "Modern Management: Good for the Environment or just Hot Air?", by Christos Genakos, Nick Bloom, Raffaella Sadun and Ralf Martin.

Related publications
Modern Management: Good for the Environment or Just Hot Air?, Nick Bloom, Christos Genakos, Ralf Martin and Raffaella Sadun, Centre for Economic Performance Discussion Paper No.891, October 2008 Link to discussion paper

Related links
Christos Genakos webpage
Nick Bloom webpage
Ralf Martin webpage
Raffaella Sadun webpage
Productivity and Innovation Programme webpage

News Posted: 13/12/2009      [Back to the Top]

Times Online - UK

Anthony Seldon: Teaching Wellington College new tricks

He found the works of Martin Seligman, an American guru of positive psychology; Daniel Goleman, author of Emotional Intelligence; and Richard Layard a professor at the London School of Economics and Political Science (LSE), who had just published Happiness: Lessons from a New Science. Such works “provided a framework for what I’d been feeling and thinking for a long time”, says Seldon.

This article appeared on Times Online on 13 December 2009. Link to article

Related publications
Happiness: Lessons from a New Science by Richard Layard. Details

Related links
Richard Layard webpage
Happiness Research webpage
Wellbeing Programme webpage

News Posted: 13/12/2009      [Back to the Top]

Wall Street Journal

Online, Offline, No Line

"The U.K. does have a high prevalence of people who are prepared to spend money online," said Alexander Grous, an expert on technology and the Internet at the London School of Economics and Political Science. Dr. Grous cited a range of factors supporting this phenomenon, including growing trust in the security of Web-based transactions, companies pushing consumers online to pare costs, and lousy British weather, which makes shopping from the comfort of home seem like an attractive idea.

This article appeared in the Wall Street Journal on 11 December 2009. Link to article

Related links
Alexander Grous webpage
Productivity and Innovation Programme webpage


News Posted: 11/12/2009      [Back to the Top]

Anti-Dismal – blog

How the resource curse works its anti-magic

Roughly the resource curse says that countries and regions with an abundance of natural resources, specifically point-source non-renewable resources like minerals and fuels, tend to have less economic growth and worse development outcomes than countries with fewer natural resources. A question often asked is, Why? Now a new paper by Francesco Caselli and Guy Michaels looks at how the resource curse can actually work.

This article appeared in the blog Anti-Dismal by Paul Walker on 11 December 2009 Link to article

Related Publications
Do Oil Windfalls Improve Living Standards? Evidence from Brazil, Francesco Caselli and Guy Michales, December 2009. Download

Related Links
Francesco Caselli webpage
Guy Michales webpage


News Posted: 11/12/2009      [Back to the Top]

Guardian (G2)

Think you're not obsessed with money? Well, think again

How much money is enough?, asks Deborah Orr - quoting Richard Layard's "happiness economics". The LSE professor argued there was not much correlation between increased income and increased happiness - partly because of "adaptation", whereby people's idea of a sufficient income grows with their salary. But Orr feels that this is an approach that was more fashionable in a time of prosperity than it is now.

This article appeared in the Guardian on 10 December 2009. Link to article

Related publications
Happiness: Lessons from a New Science by Richard Layard.

Related links
Richard Layard webpage
Happiness Research webpage
Wellbeing Programme webpage


News Posted: 10/12/2009      [Back to the Top]

Knowledge Problem – blog

Digging into the resource curse: research into oil revenue and Brazilian municipalities

A paper by Francesco Caselli and Guy Michaels, “Do Oil Windfalls Improve Living Standards? Evidence from Brazil,” takes a closer look at how the resource curse works its anti-magic.

This article appeared in the blog, Knowledge Problem Link to article

Related publications
‘Do Oil Windfalls Improve Living Standards? Evidence from Brazil’, Francesco Caselli and Guy Michaels, Centre for Economic Performance Discussion Paper No.960, December 2009.
Link to article

Related links
Francesco Caselli webpage
Guy Michaels webpage
Macro Programme webpage


News Posted: 09/12/2009      [Back to the Top]

Times

A striking new threat for the economy

Despite the two-decade decline in union power, research shows that managers do not perceive workplaces to be more harmonious. Alex Bryson, of the London School of Economics attributes this to an “individualisation” of conflict: “Parallel to union decline has been a profound increase in individual grievances and a phenomenal rise in employment tribunals.”

This article appeared in the Times on 9 December 2009. Link to article

Related links
Alex Bryson webpage
CEP Publications by Alex Bryson webpage
Labour Markets Programme webpage


News Posted: 09/12/2009      [Back to the Top]

GMTV

Linda Yueh Interviewed

Linda Yueh interviewed, commenting on what to expect and what is needed in the Pre-Budget Report.

This interview was broadcast on 8 December 2009. (No link avalible)

Related links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 08/12/2009      [Back to the Top]

Guardian

Thoughts on getting people into work

Worse, focusing on therapy – along with coercion to take jobs, any jobs, as has long been the view of Richard Layard, the government's therapy and “happiness tzar” – must divert attention from the causes of mental anxiety and insecurity.

Related publications
Happiness: Lessons from a New Science by Richard Layard details

Related links
Richard Layard webpage
Happiness Research webpage
Wellbeing Programme webpage
.

News Posted: 08/12/2009      [Back to the Top]

Wall Street Journal

That ‘70s show: gold prices' surge

Linda Yueh commenting on comparing gold prices today with the peak in 1980.

This article appeared in the Wall Street Journal on 7 December Link to article

Related links
Linda Yueh webpage
Globalisation Programme webpage

News Posted: 07/12/2009      [Back to the Top]

Civil Service Network

Taking the rep on November 6, 2009

How much does Whitehall pay trade union representatives, and what do these officials do? Making this information public for the first time ever, Civil Service World presents the data on each department
Tim Leunig an economic historian at the London School of Economics who specialises in industrial relations, thinks that in reality a Tory government will need the cooperation of the civil service unions too much to withdraw the “miniscule” sums involved in facility time.

This article appeared on Civil Service Network on 7 December 2009 link to article .

Related links
Tim Leunig webpage
Globalisation Programme webpage


News Posted: 07/12/2009      [Back to the Top]

BBC Radio 4

The Today Programme: David Metcalf on work and residence visas to non-EU students

The government's chief immigration adviser has called for a review of "lower tier" colleges over fears that too many foreign students are being given visas at the end of their degree courses. Professor David Metcalf said he was "stunned" to discover hundreds of colleges which were not "proper" universities could grant two-year work and residence visas to non-EU students. Professor Metcalf discusses visa system.

Link to The Today Programme Archive for Friday 4th December 2009.(includes recording with David Metcalf).

Link to BBC News, "Foreign student visa review call by UK advisory body" 4th December 2009

Related Links
David Metcalf webpage
Labour Markets Programme webpage


News Posted: 04/12/2009      [Back to the Top]

Bloomberg

Skilled Immigrants Should Earn More to Enter U.K., Panel Says - Bloomberg.com

A British panel advising on immigration recommended raising the minimum pay skilled migrants must earn and lowering their level of educational achievement to gain residency in the UK. The change resulted from discussions with businesses based in the City, London’s financial district, which had said requirements for a masters’ degree made it harder to hire from outside the European Union, said David Metcalf, a professor of industrial relations at the London School of Economics, who chaired the panel.

This article appeared on Bloomberg.com on 4 December 2009. Link to article

Related links
David Metcalf webpage
Labour Markets Programme webpage


News Posted: 04/12/2009      [Back to the Top]

CNBC

European Closing Bell

Linda Yueh Guest Host, to comment on various issues in the global economy including the Dubai debt crisis.

This interview was broadcast on 1st December 2009 on CNBC Link

Related links
Linda Yueh webpage
Globalisation Programme webpage
.

News Posted: 01/12/2009      [Back to the Top]

Channel 4

News at Noon

Linda Yueh interviewed, to comment on the possibility of a debt crisis in the UK with a hung parliament and the implications for the economic recovery.

This interview was broadcast on 1 December 2009 on Channel 4 Link

Related links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 01/12/2009      [Back to the Top]

Trinidad and Tobago Express - Trinidad and Tobago

The pursuit of gross national happiness?

Richard Layard of the London School of Economics has argued that what developed societies need is not more employment but more enjoyment!

This article appeared in the Trinidad and Tobago Express on 29 November 2009 Link to article

Related Publications
Happiness: Lessons from a New Science by Richard Layard. details

Related Links
Richard Layard webpage
Happiness research webpage
Wellbeing Programme webpage


News Posted: 29/11/2009      [Back to the Top]

Bloomberg TV 'Countdown' programme

LInda Yueh

Linda Yueh interviewed, to comment on the EU-China relationship and the valuation of the Chinese currency.

This interview was broadcast on Bloomberg on 27 November 2009. (no link available)

Related links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 27/11/2009      [Back to the Top]

ABC (Australia) 'Newshour'

Linda Yueh

Linda Yueh was interviewed for the programme, assessing the sustainability of China's growth and reorientation toward domestic demand.

This programme was broadcast on ABC (Australia) on 26 November 2009 (no link avalible).

Related links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 26/11/2009      [Back to the Top]

Dorset Humanists website

Faith primary schools: better schools or better pupils?

Further to our meeting on 25 November, The Accord Coalition has a summary of recent research into faith schools (pdf) including this abstract for research by Stephen Gibbons and Olmo Sliva, London School of Economics. “ABSTRACT We provide estimates for the effect of attending a Faith school on educational achievement using a census of primary school pupils in England.

This article appeared on the Dorset Humanists website on 26 November 2009. Link to article

Related publications
‘Faith Primary Schools: Better Schools or Better Pupils?’, Stephen Gibbons and Olmo Silva, Centre for the Economics of Education Discussion Paper No.72, November 2006 Link to article
‘In brief: Faith Primary Schools: Better Schools or Better Pupils?’, Stephen Gibbons and Olmo Silva. Article in CentrePiece Volume 12, Issue 1, Summer 2007 Link to article

Related links
Stephen Gibbons webpage
Olmo Silva webpage
CEE webpage


News Posted: 26/11/2009      [Back to the Top]

Ted Scott - blog

One More Time – How to be Happy!

As Richard Layard, of the London School of Economics states: “We have more food, more clothes, more cars, bigger houses, more central heating, more foreign holidays, a shorter working week, nice work , and above all, better health. Yet we are not happier.

Related Publications
Happiness: Lessons from a New Science by Richard Layard.

Related Links
Richard Layard webpage
Happiness research webpage
Wellbeing Programme webpage


News Posted: 26/11/2009      [Back to the Top]

How to let happiness find you

Sina Blog

Professor Richard Layard, of the London School of Economics, is a leading proponent of the idea that public policy can make a real difference to the quantum of happiness in society. He has shown that increased incomes, better housing, possession of cars and television sets, and all the other appurtenances of well-furnished life are not what make people happy, at least once they have risen above a certain material level.

This article appeared on Sina blog on 26 November 2009. Link to article


Related Publications
Happiness: Lessons from a New Science by Richard Layard.

Related Links
Richard Layard webpage
Happiness research webpage
Wellbeing Programme webpage


News Posted: 26/11/2009      [Back to the Top]

New York Times

How big is too big?

Peter Boone is chairman of the charity Effective Intervention and a research associate at the Center for Economic Performance at the London School of Economics.

This article appeared in the New York Times on 26 November 2009 Link to article

Related links
Peter Boone webpage
Effective Intervention Programme webpage
Globalisation Programme webpage


News Posted: 26/11/2009      [Back to the Top]

Department of Economics Public Debate - Monday 30 November 2009

The Global Economics Crisis: One Year In

Department of Economics Public Debate

Date: Monday 30 November 2009
Time: 6.30-8.00pm
Venue: Old Theatre, Old Building
Speakers: Professor Tim Besley, Professor Willem Buiter, Professor Charles Goodhart, Professor Chris Pissarides

Where does the global economy now stand one year in to the global crisis? What is the impact of the range of policy actions that governments have undertaken?

There is an unmissable opportunity to hear some of the leading Economics professors at the LSE debate the global economic crisis next Monday evening in the Old Theatre. Professors Tim Besley, Willem Buiter and Charles Goodhart will be discussing where the global economy stands one year in to the global crisis, and what has been the impact of the range of policy actions that governments have undertaken. Chairing the debate will be Professor Lord Layard, who will open the debate to questions from the floor after all parties have expressed their views.

The debate will start at 6.30pm sharp; please ensure you are in your seats by 6.15pm at the latest. The event is free and open to all with no ticket required. Entry is on a first come, first served basis.

Any queries, email events@lse.ac.uk or phone 020 7955 6043.



News Posted: 26/11/2009      [Back to the Top]

Kasama

Inequality as Policy: A Substantive Case

Paper by John Scmitt posted on Kasama. At face value, it appeared to be broadly consistent with the data (even though economists on the left, such as David Howell and Lawrence Mishel, and more mainstream economists including David Card, John DiNardo, Alan Manning, and others have presented strong critiques).

This article appeared on Kasama on 25 November 2009 link to article

Related publications
John Schmitt CEP publications webpage
‘Lousy and Lovely Jobs: the Rising Polarisation of Work in Britain’, Martin Goos and Alan Manning, Centre for Economic Performance Discussion Paper No.604, December 2003. Link to article
‘Lousy and Lovely Jobs: The Rising Polarization of Work in Britain’, Martin Goos and Alan Manning, Review of Economics and Statistics, vol. 89, no. 1 (February 2007), pp.118-133. Link to article

Related links
Alan Manning webpage
John Schmitt webpage
Labour Markets Programme webpage


News Posted: 25/11/2009      [Back to the Top]

CNBC

Europe Tonight

Linda Yueh speaking on the possible need to recapitalise Chinese banks.

This interview was broadcast on 24 November 2009 on CNBC Link to article

Related links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 24/11/2009      [Back to the Top]

A.H.Roslan Harahap - blog

In pursuit of the greatest happiness

Richard Layard and Joseph Stiglitz (one a Nobel Laureate, the other one of those who tried to jam some economic understanding into my brain) rightly tell us that gross domestic product isn't in fact the be-all and end-all of how we should be measuring life.

This article appeared in A.H.Roslan Harahap - blog on 25 November 2009. Link to article

Related Publications
Happiness: Lessons from a New Science by Richard Layard. details

Related Links
Richard Layard webpage
Happiness research webpage
Wellbeing Programme webpage


News Posted: 24/11/2009      [Back to the Top]

DeHavilland - London

Scottish Motion

... in view of research by Professors Richard Wilkinson, Kate Pickett and Richard Layard suggesting that an unequal society is unhealthy and unhappy.

This article appeared in DeHavilland on 24 November 2009 Link to article (log in needed)

Related Publications
Happiness: Lessons from a New Science by Richard Layard. details

Related Links
Richard Layard webpage
Happiness research webpage
Wellbeing Programme webpage


News Posted: 24/11/2009      [Back to the Top]

Practical Ethics

Happiness and the Dragon King

Professor Richard Layard, a Labour Peer, sometimes called Britain's happiness Tsar - puts the threshold at a little over £10000 – the amount at which basic needs can be satisfied. Above that level nations can become richer without necessarily becoming happier.

This article appeared in Practical Ethics on 24 November 2009. Link to article

Related Publications
Happiness: Lessons from a New Science by Richard Layard details

Related Links
Richard Layard webpage
Happiness research webpage
Wellbeing Programme webpage


News Posted: 24/11/2009      [Back to the Top]

Daily Tips for Business - blog

Fatigue - UK Working Hours Lead to Productivity Losses

The LSE Centre for Economic Performance published findings in June 2007 showing output per worker in the UK is 13% lower than Germany, 18% lower than the US and 20% lower than France.

This article appeared on Daily Tips for Business on 23 November 2009. Link to article .

Related publication
‘UK Productivity During the Blair Era’, Raffaella Sadun, Centre for Economic Performance Policy Analysis, June 2007 Link to article

Related links
Raffaella Sadun webpage
Productivity and Innovation Programme webpage


News Posted: 23/11/2009      [Back to the Top]

The Adam Smith Institute - Blog

From the Annals of Entirely Counter-productive Government

By Tim Worstall
Today's entry from the Annals, the Analects of Stupidity, brings together two wildly different economists: our own Richard Layard, New Labour Peer exemplary, and Alan Reynolds of the Cato Institute.

This article appeared on the Adam Smith Institute Blog on 23 November 2009. Link to article

Related publication
‘A Job Guarantee’, Paul Gregg and Richard Layard, March 2009 Link to article

Related links
Paul Gregg webpage
Labour Markets Programme webpage
Richard Layard webpage
Wellbeing Programme webpage


News Posted: 23/11/2009      [Back to the Top]

Socio-Economic Review

Discussion: A New Labour Economics?

At the 2008 SASE meeting in San José, Costa Rica, David Marsden organized a session on the prospects for a renewed institutional labour economics. The debate began with introductory remarks by Paul Osterman, who sketched out an argument that at the time was still in its very early stages. The introduction and the subsequent comments were found by the audience to be highly productive. After the session, the editors of Socio-Economic Review asked the participants to share their views with the readers of the journal. We are grateful to Paul Osterman for taking up the challenge and summarizing the state of his thinking in a brief draft of what has yet to be developed into a formal paper. We also thank the discussants who agreed to write up their comments on the basis of Osterman's intermediate draft.

This article appeared in the Socio-Economic Review, Vol. 7, Issue 4, pp. 695-726, 2009 Link to article

Related Publications
Happiness: Lessons from a New Science by Richard Layard. details

Related Links
Richard Layard webpage
Happiness research webpage
Wellbeing Programme webpage


News Posted: 22/11/2009      [Back to the Top]

European Journal of Psychotherapy and Counselling

Reading ‘Happiness': CBT and the Layard thesis

By David Pilgrim – School of Social Work, University of Central Lancashire, Preston, PRI ZHE

Abstract: This review essay examines an important recent contribution from an economist Richard Layard to debates about the social and economic sources of mental distress and ways of responding to the latter. His book Happiness is one of many contributions from him about these topics. It provides a persuasive case for ‘upstream’ causes of mental health problems, which includes a critique of modern consumerism. A much less persuasive case is made though for therapeutic social engineering in response to psychological casualties of these socio-economic forces.

This article appeared in the European Journal of Psychotherapy & Counselling, Volume 10, Issue 3 September 2008 , pp. 247 – 260 details

Related links
David Marsden webpage
Labour Markets Programme webpage


News Posted: 22/11/2009      [Back to the Top]

New Deal 2.0 – blog (Franklin and Eleanor Roosevelt Institute)

Employment guarantees in vogue - well, not really

By Bill Mitchell
I think Richard Layard should stop using the term Job Guarantee until he is prepared to advocate something more than a scrap of direct job creation in the face of millions of unemployed workers. If the British government could get beyond their “gold standard” fiscal straitjacket then the solution is there for them to take - give all those who want a job, immediate employment and integrate skills development into the paid work environment.

This article appeared on New Deal 2.0 – blog on 20 November 2009. Link to article

Related publication
‘A Job Guarantee’, Paul Gregg and Richard Layard, March 2009 Link

Related links
Paul Gregg webpage
Labour Markets Programme webpage
Richard Layard webpage
Wellbeing Programme webpage


News Posted: 20/11/2009      [Back to the Top]

ABC (Australia) Radio National

The World Today

Linda Yueh spoke on her public lecture at Australian National University (ANU): "The Law and Economics of Globalisation: New Challenges for a World in Flux", covering her latest book.

This programme was broadcast on 19 November 2009 Link to lecture information

Related links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 19/11/2009      [Back to the Top]

Bloomberg

News

CEP on TV/Radio

Reference to comments made by Professor Willem Buiter, LSE. (No link avaliable)

Related links
Willem Buiter webpage
Globalisation Programme webpage


News Posted: 19/11/2009      [Back to the Top]

Glenis Willmott MEP - blog

Never let a crisis go to waste

By Glenis Willmott MEP (Member of the European Parliament for the East Midlands and Labour's leader in the European Parliament) Alongside Larry Elliott of the Guardian, (Lord Professor) Richard Layard from LSE and Andrew Simms of the New Economic Foundation I spoke of how the present economic situation offers a huge opportunity to change our world for the better.

This article appeared on Glenis Willmott's blog on November 19 2009. Link to aticle

Related Publications
Happiness: Lessons from a New Science by Richard Layard. details

Related Links
Richard Layard webpage
Happiness research webpage
Wellbeing Programme webpage


News Posted: 19/11/2009      [Back to the Top]

Financial Times

Just the facts

Willem Buiter of the LSE has criticised the Fiscal Responsibility Bill.

This article appeared in the Financial Times on 19 November 2009 (No link avaliable)

Related links
Willem Buiter webpage
Globalisation Programme webpage


News Posted: 19/11/2009      [Back to the Top]

Daily Telegraph (Business)

Fiscal bill a Tory millstone

The LSE's professor Willem Buiter is among economists who have derided the Fiscal Responsibility Bill. He said: "Fiscal responsibility acts are instruments of the fiscally irresponsible to con the public."

This article appeared in the Daily Telegraph on November 19 2009 Link to article

Related links
Willem Buiter webpage
Globalisation Programme webpage



News Posted: 19/11/2009      [Back to the Top]

ABC (Australia)

Newshour

Linda Yueh was interviewed for a programme assessing President Obama's visit to China.

This programme was broadcast on 18 November 2009. (No link avaliable).

Related links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 18/11/2009      [Back to the Top]

Forbes.com (USA)

Commentary: A cure for unemployment

Economists Nick Bloom and Nir Jaimovich have conducted new research that shows economic uncertainty can have large depressing effects on the economy.

This article appeared on Forbes.com on 18 November 2009. Link to article

Related publications
‘Uncertainty and the Dynamics of R&D’, Nick Bloom, Centre for Economic Performance Discussion Paper No.792, May 2007 Download discussion paper
‘The Economic Impact of 9/11’ Nick Bloom, article in CentrePiece Volume 11, Issue 2, Autumn 2006
‘The Impact of Uncertainty Shocks: Firm Level Estimation and a 9/11 Simulation’, Nick Bloom, Centre for Economic Performance Discussion Paper No. 718, March 2006 download discussion paper

Related links
Nick Bloom webpage
Productivity and Innovation Programme webpage


News Posted: 18/11/2009      [Back to the Top]

billy blog (alternative economic thinking)

Employment guarantees in vogue – well not really

Paul Gregg of Bristol University and Richard Layard of the London School of Economics have called on the British government to provide a “job guarantee” to anyone out of work for more than 18 months (and any youngster out of work for a year).

Related publication
‘A Job Guarantee’, Paul Gregg and Richard Layard, March 2009 Link

Related links
Paul Gregg webpage
Labour Markets Programme webpage
Richard Layard webpage
Wellbeing Programme webpage

News Posted: 18/11/2009      [Back to the Top]

Financial Times

Fiscal bill central to Queen's Speech

Professor Willem Buiter of the London School of Economics said: "Fiscal responsibility acts are instruments of the fiscally irresponsible to con the public" in response to Gordon Brown's fiscal responsibility bill.

This article appeared in the Financial Times on November 19 2009 [No link avaliable].

Related links
Willem Buiter webpage
Globalisation Programme webpage


News Posted: 18/11/2009      [Back to the Top]

Europa Press – Spain

Garicano (LSE) defiende las fusiones 'entre una fuerte y una débil y critica los' matrimonios de conveniencia

El catedrático de Estrategia y Ciencias Económicas de la London School in Economics (LSE), Luis Garicano, defendió hoy las fusiones de cajas de ahorro "entre una fuerte y una débil", al tiempo que criticó los "matrimonios de conveniencia política" entre entidades.

This article appeared in Europa Press on 17 December 2009. Link to article

Related links
Luis Garicano webpage
Productivity and Innovation Programme webpage


News Posted: 17/11/2009      [Back to the Top]

Evening Standard

Banks need worldwide reform

Dr Tim Leunig, London School of Economics, writes to the Evening Standard about bank regulation.

This article appeared in the Evening Standard on 17 November 2009 (No link avaliable).

Related links
Tim Leunig webpage
Globalisation Programme webpage


News Posted: 17/11/2009      [Back to the Top]

Socialist Unity

The radical liberalism of Tony Blair

By Andy Newman - A review of the David Halpern book, The Hidden Wealth of Nations (Policy Press).
‘The third pillar that the book stands upon is a rigorous discussion of social capital, and standards of happiness, and how contentment can be quantified and encouraged by government policy, hence the glowing endorsements it has received from experts in that field, Richard Easterlin and Richard Layard.’

This article appeared in Socialist Unity on 16 October 2009 Link to article

Related publications
Happiness: Lessons from a New Science by Richard Layard.

Related Links
Richard Layard webpage
Happiness research webpage
Wellbeing Programme webpage


News Posted: 16/11/2009      [Back to the Top]

Left Foot Forward

Rethinking economic policy

The main themes of the TUC's 'Beyond Crisis' conference were reinforced in an afternoon session featuring Lord Richard Layard, Andrew Simms of the New Economic Foundation (nef), and Glenis Willmott MEP. Layard and Simms called for a refocusing of economic policy.

This article appeared in LeftFootForward.com on 16 November 2009 Link to article

Related Publications
Happiness: Lessons from a New Science by Richard Layard.

Related Links
Richard Layard webpage
Happiness research webpage
Wellbeing Programme webpage


News Posted: 16/11/2009      [Back to the Top]

Special Event

Creating Sustainable Growth In Europe - Seminar and Debate - 25 Nov 2009

Creating Sustainable Growth In Europe - Seminar and Debate - 25 November 2009

Wednesday, 25 November at the Royal Society and the Institute of Directors
followed by a Farewell Reception for The Anglo-German Foundation 1973-2009


On 25 November the Anglo-German Foundation is holding a seminar and debate at the Royal Society to mark the conclusion of its 3-year research initiative on 'creating sustainable growth in europe' and to launch the findings into the public realm.

Under this unique initiative, four teams of leading international researchers have investigated, on the basis of comparisons between Germany and the UK, the four main dimensions (economic, environmental, social and political) of the biggest challenge facing us today: how to maintain economic prosperity without irreversibly depleting our environmental and social capital.

Summaries of their findings will be published at the seminar and distributed to all participants. Sir Tony Atkinson (Oxford) will be one of the distinguished speakers who will participate in the event.

The culmination of this initiative marks the conclusion of the work of the Anglo-German Foundation, which has funded comparative research and policy exchange between the two largest European partners for over 30 years. The initiative thus represents the key component of the Foundation's legacy, and the seminar will be followed by a farewell reception at the Institute of Directors to celebrate that legacy.

Amongst the speakers are HE Sir Michael Arthur (British Ambassador Berlin), Tony Atkinson, John Elliott (Chief Economist, Home Office), Andreas Gestrich(German Historical Institute London), David Goodhart (Prospect magazine), Nick Mabey (e3g), Geoff Mulgan (the Young Foundation), Vicky Price (Economics (BIS) & JUK Government Economic Service), Sir Peter Ricketts (FCO and Diplomatic Service)

For further details download the programme (in Adobe PDF format) OR for an invitation please email ap@agf.org.uk

News Posted: 16/11/2009      [Back to the Top]

Peking University – News

2009 Beijing Forum - Interview with Dr Linda Yueh

Linda Yueh gave an interview to Peking University’s news service after speaking at the 2009 Beijing Forum.

This article appeared in Peking University News on 13 November 2009. Link to article

Related links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 13/11/2009      [Back to the Top]

Tax Research UK - blog

Cameron: terrifyingly wrong

I tried to write about Cameron’s appalling Hugo Young lecture yesterday, and failed. That was partly due to work pressure. Partly because I was just so angry at what he said. Madeleine Bunting has said it better anyway this morning, and I’m quoting at above average length because it is just so good:
It was astonishing intellectual bravado – and utterly duplicitous. David Cameron has taken 15 years of thinking on the left – Naomi Klein, Zygmunt Bauman, Richard Layard, Richard Sennett among others – and put the whole back catalogue on its head.

This article appeared in the blog: Tax Research UK, on November 12, 2009
Link to article

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Richard Layard’s publications webpage

News Posted: 12/11/2009      [Back to the Top]

Guardian

It's all the fault of teachers, nurses and street cleaners

It was astonishing intellectual bravado – and utterly duplicitous. David Cameron has taken 15 years of thinking on the left – Naomi Klein, Zygmunt Bauman, Richard Layard, Richard Sennett among others – and put the whole back catalogue on its head.

This article appeared in the Guardian on November 12, 2009
Link to article

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Richard Layard’s publications webpage

News Posted: 12/11/2009      [Back to the Top]

New York Times

The great shrinking American dollar

Peter Boone, chairman of Effective Intervention, at the Center for Economic Performance co-writes with Simon Johnson that the American dollar is in the midst of a large fall in its value, as compared with other major currencies.

This article appeared in the New York Times on November 12, 2009
Link to article

Related Links
Peter Boone webpage
Effective Intervention Programme webpage

News Posted: 12/11/2009      [Back to the Top]

Liberal Conspiracy - blog

Where is the left's new economic map?

Blog written by Adam Lent (Head of Economic and Social Affairs, TUC) says, that there have been a fair number of intrepid souls who never lost the faith in the need to develop alternative economic approaches. Some - like Richard Layard, Robert Skidelsky and Dan Ariely have already had an influence. But increasingly the work of thinkers like Carlota Perez, Geoffrey Hodgson, Robin Murray and those gathered around the Santa Fe Institute in the States is coming to the fore.

This article appeared on the blog 'Liberal Conspiracy' on November 9, 2009
Link to article

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Richard Layard’s publications webpage

News Posted: 09/11/2009      [Back to the Top]

The Chronicle of Higher Education

By the numbers, business schools barely care about right and wrong

...prosperous than others, according to Richard Layard, an economist at the Centre for Economic Performance...

This article appeared in The Chronicle of Higher Education on November 8, 2009
Link to article
[In order to read complete article, a subscription is necessary]

Related Links
Richard Layard webpage
Wellbeing Programme webpage

News Posted: 08/11/2009      [Back to the Top]

Businessweek – Debate Room

The world economy: headed north

The global recession is over. Pro or con?
Linda Yueh argues the con case in the Debate Room forum on the global recession being over.

This article appeared in Business Week on 8 November 2009. Link to article

Related links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 08/11/2009      [Back to the Top]

Free Market Mojo - blog

Did the National Minimum Wage affect UK prices?

Jonathan Wadsworth has a relatively new discussion paper looking into how the national minimum wage affected UK prices.

This article appeared on the blog 'Free Market Mojo' on November 8, 2009
Link to article

Related Publications
‘Did the National Minimum Wage Affect UK Prices?’, Jonathan Wadsworth, Centre for Economic Performance Discussion Paper No.947, August 2009

Related Links
Jonathan Wadsworth webpage
Labour Markets Programme webpage

News Posted: 08/11/2009      [Back to the Top]

Economist

Faring well: rural job guarantees

India’s National Rural Employment Guarantee Act (NREGA), guarantees 100 days of minimum-wage employment on public works to every rural household that asks for it. The idea has appeal even in rich countries. Paul Gregg of Bristol University and Richard Layard of the London School of Economics have called on the British government to provide a “job guarantee” to anyone out of work for more than 18 months (and any youngster out of work for a year).

This article appeared in the Economist on November 5, 2009
Link to article

Related Links
Paul Gregg webpage
Labour Markets Programme webpage
Richard Layard webpage
Wellbeing Programme webpage

News Posted: 05/11/2009      [Back to the Top]

Civil Service Network

Taking the rep

How much does Whitehall pay trade union representatives, and what do these officials do? Making this information public for the first time ever, Civil Service World presents the data on each department. Tim Leunig, an economic historian at the London School of Economics who specialises in industrial relations, thinks that in reality a Tory government will need the cooperation of the civil service unions too much to withdraw the “miniscule” sums involved in facility time.

This article appeared on Civil Service Network on 5th November 2009 Link

Related links
Tim Leunig webpage
Globalisation Programme webpage
.

News Posted: 05/11/2009      [Back to the Top]

Lab Manager magazine

Motivating a 21st century lab staff, part 1

These themes define the organizational characteristics that lead to exceptional work experiences - the situations that result in a highly motivated staff. Reference given for Centre for Economic Performance Discussion Paper No.626 by Patterson, M., Warr, P., and West, M.

This article appeared in Lab Manager magazine on 4 November 2009 Link

Related publication
Patterson, M., Warr, P., and West, M. Organizational Climate and Company Productivity: the Role of Employee Affect and Employee Level, CEPDP 626, April 2004

Related links
Michael West webpage
Labour Markets Programme webpage


News Posted: 04/11/2009      [Back to the Top]

JoongAng Daily - South Korea

The unhappiness women feel

Richard Layard, a professor of economics in Britain, even asserted that making others envious by making too much money was tantamount to creating a public nuisance.

This artivle appeared in JoongAng Daily on 4 november 2009. Link to article

Related publications
Publications by Richard Layard Link

Related links
Richard Layard webpage
Happiness research webpage
Wellbeing Programme webpage


News Posted: 04/11/2009      [Back to the Top]

Touchstone (blog)

A job guarantee: a new promise on long-term unemployment

Professor Lord Richard Layard will be speaking at Beyond Crisis, a TUC / Guardian one-day conference on progressive responses to the financial crisis on 16 Nov.

This article appeared on the blog 'Touchstone' on November 3, 2009
Link to article

Related publications
Richard Layard's publications webpage

Related links
Richard Layard webpage
Wellbeing Programme webpage

News Posted: 03/11/2009      [Back to the Top]

Channel 4 News

Bailed-out RBS and Lloyds to be sold

Linda Yueh was interviewed, commenting on the UK banks, RBS and Lloyds, in terms of the additional government funding, rights issues, and restructuring on competition grounds.

The interview was shown on Channel 4 News on November 3, 2009
Link to article

Related Links
Linda Yueh webpage
Globalisation Programme webpage

News Posted: 03/11/2009      [Back to the Top]

Channel 4 News

Linda Yueh interview

Linda Yueh was interviewed, to comment on the UK banks, RBS and Lloyds, in terms of the additional government funding, rights issues, and restructuring on competition grounds.

This interview was broadcast on Channel 4 News on 3 November 2009.

Related links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 03/11/2009      [Back to the Top]

UK After The Recession - blog

Economic growth and its discontents By Rob Killick

Sociologists such as Richard Layard represent an anti-consumerist trend. Layard argue that economic growth and its consequent material benefits do not make us happy. I would like Layard to do a survey of the millions made unemployed through this recession to see how much happier they are now that they have lost the benefits of a wage. Do we really think that poverty will make us happier?

This article appeared on the blog UK After the Recession on November 2, 2009
link to article

Related publications
All publications from the Wellbeing Programme at CEP
download

Related links
Richard Layard webpage
Wellbeing Programme webpage


News Posted: 03/11/2009      [Back to the Top]

Livemint.com (The Wall Street Journal)

Managers and markets

Recently, academics such as Nick Bloom have been quantifying management quality through indices of adherence to good practices, and measuring management quality in many firms in several countries.

This article appeared on LiveMint.com on 1st November 2009. Link to article

Related Publications
What Drives Good Management Around the World? by Nick Bloom, Christos Genakos, Raffaella Sadun and John Van Reenen. Article in CentrePiece, Volume 12, Issue 2 Autumn 2007
Joint McKinsey/CEP Report, Management Practice and Productivity: Why They Matter by Nick Bloom, Stephen Dorgan, John Dowdy and John Van Reenen, July 2007.

Related Links
John Van Reenen webpage
Nick Bloom webpage
Management Practices and Organisationl Structures webpage
Productivity and Innovation Programme webpage


News Posted: 01/11/2009      [Back to the Top]

Measuring progress: let's all be serious

Inquirer.net - Philippines

Yet the equally-eminent professor Richard Layard of the Center for Economic Performance of the London School of Economics, insisted that merely patching up GNP is not enough. In his talk on “Why subjective well-being is the key measure,” he proposed the adoption of a single over-arching measure that does not use the metric of money. “We can only break away from the GDP stranglehold by doing something different,” Layard said. “We should value goods as the people value them, not as we outsiders value them.”

This article appeared in the Inquirer.net - Philippines Link to article

Related publications
All publications from the Wellbeing Programme at CEP download

Related links
Richard Layard webpage
Wellbeing Programme webpage


News Posted: 31/10/2009      [Back to the Top]

El País (España) - Spain

La politización eleva la morosidad de las cajas en 12.000 millones

Vicente Cuñat y Luis Garicano, profesores de la London School of Economics y miembros de la Fundación Fedea, han realizado un pormenorizado estudio en el que demuestran que lo que más diferencia a una caja de un banco no es su naturaleza política, como podía parecer, sino la menor profesionalización de sus gestores. Por ejemplo: sólo el 31% de los presidentes tiene estudios de master o doctorado (u otro posterior a la licenciatura); la mitad de ellos ha tenido experiencia bancaria previa y la mitad ha ocupado cargos políticos con anterioridad.

This article appeared in El País on 31st October 2009. Link to article

Related links
Luis Garicano webpage
Productivity and Innovation Programme webpage


News Posted: 31/10/2009      [Back to the Top]

BBC Radio Wales

'Good Morning Wales'

Linda Yueh interviewed on the US exiting recession and impact on the UK.

This interview was broadcast on 30th October 2009. (No link avaliable)

Related links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 30/10/2009      [Back to the Top]

From Poverty to Power – blog

by Duncan Green

Whether they can do so in a way that actually gets the attention of the politicians is a different issue, and a subject for tomorrow's blog. Off to listen to Richard Layard now.

This article appeared in Duncan Green's Blog From poverty to Power on 29 October 2009 Link to article

Related links
Richard Layard webpage
Wellbeing Programme webpage


News Posted: 29/10/2009      [Back to the Top]

BBC 1

BBC News at Six

Linda Yueh spoke on the US exiting recession and impact on the UK.

This interview was broadcast on BBC 1 on 29th October 2009. (no link avaliable)

Also interviewed on IMF revisions of Asian/global economic growth on BBC World News “World Business Report”.

Related links
Linda Yueh webpage
Globalisation Programme webpage

News Posted: 29/10/2009      [Back to the Top]

Killing Batteries – blog

Slackerology: The fallacies that keep us working like rented mules

In a recent interview with Richard Layard of the London School of Economics, a UPI article stated: “In an economy where people are constantly forced to compete with each other, life and work become a rat race, he says.

This appeared in Killing Batteries on 29th October 2009. Link to article

Related Publications
Happiness: Lessons from a New Science by Richard Layard. Link to details

Related Links
Richard Layard webpage
Happiness research webpage
Wellbeing Programme webpage


News Posted: 29/10/2009      [Back to the Top]

CNBC

Europe Tonight

Professor Willem Buiter, LSE, discussed the economy including the split of Northern Rock.

This programme was broadcast on CNBC on 28th October 2009 (no link avaliable).

Related links
Willem Buiter webpage
Globalisation Programme webpage


News Posted: 28/10/2009      [Back to the Top]

Voice of America (Mandarin Service)

‘Business Scene'

Linda Yueh commented on tightening measures in China.

This article was broadcast on Voice of America (Mandarin Service) on 28 October 2009 (no link avaliable).

Related links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 28/10/2009      [Back to the Top]

Financial Times

How the Tories can curb public sector strikes

Tim Leunig reader in economic history at the LSE, suggests how a Conservative government could best manage the threat of strikes from public sector workers.

This article appeared in the Financial Times on 28th October 2009. Link to article

Related links
Tim Leunig webpage
Globalisation Programme webpage

News Posted: 28/10/2009      [Back to the Top]

TIME - USA

In Italy, a Mamma accused of doting too much

According to Italian economists Enrico Moretti and Marco Manacorda, who have studied the phenomenon of the mammone, or mama's boy (who grows up so attached to his home that he never really becomes independent or self-sufficient), the issue also comes down to culture.

This article appeared in TIME - USA on October 21, 2009
Link to article

Related Publications
‘Intergenerational Transfers and Household Structure: Why Do Most Italian Young Men Live with their Parents?’, Marco Manacorda and Enrico Moretti, Centre for Economic Performance Discussion Paper No.536, June 2002
Mamma's boys? Why most young Italian men live with their parents, Marco Manacorda and Enrico Moretti, article in CentrePiece Vol 10, Issue 3, Winter 2005, pp.12-13
Why Do Most Italian Young Men Live with their Parents? Intergenerational Transfers and Household Structure, Marco Manacorda and Enrico Moretti, Journal of the European Economic Society, June 2006 4(4):800–829

Related Links
Marco Manacorda webpage
Labour Markets Programme webpage

News Posted: 21/10/2009      [Back to the Top]

Financial Times

How to manage the gigantic financial cuckoo in our nest

Peter Boone of the London School of Economics is mentioned in an article about the state of the financial sector.

This article appeared in the Financial Times Online on October 21, 2009
Link to article

Related Links
Peter Boone webpage
Effective Intervention webpage

News Posted: 21/10/2009      [Back to the Top]

Times

Posties should know that strikes are catching

Economists from the London School of Economics found that the average increase in annual pay produced by strikes was only 0.3 per cent, while the average strike lasted 11 days.

This article appeared in the Times on October 21, 2009
Link to article

Related Publications
Do Strikes Pay?, Peter Ingram, David Metcalf and Jonathan Wadsworth, Centre for Economic Performance Discussion Paper No.92, August 1992.
Abstract: One-in-forty manufacturing settlements involved a strike during the 1980s. Strike days lost were equivalent to half a day for each worker in manufacturing. On average, for the decade as a whole, real pay increases where there was a strike were 0,7 per cent a year higher than settlements without a strike. Larger bargaining groups were more likely to achieve above average pay increases from strike action than were bargaining groups with fewer employees. After controlling for other influences on settlements a strike is found to boost the annual real pay rise by 0.3 per cent, equivalent to 45 pounds a year in 1991. The "average" strike in this sample lasts 11 days. Such a strike requires the wage gain for 30 years (with a discount rate of .06 or less) for the benefit to at least equal the cost. This hints that the average strike may not be a good investment for the union. But shorter strikes are more likely to be worthwhile.
Unfortunately no electronic copy of this paper is available for download. However, you can purchase a paper copy. Details.

Related Links
David Metcalf webpage
Jonathan Wadsworth webpage
Labour Markets Programme webpage
Trade Unions Research webpage

News Posted: 21/10/2009      [Back to the Top]

Voice of America (Mandarin Service)

Business scene

Linda Yueh was interviewed, commenting on China’s expected 3rd quarter GDP figure.

This interview was broadcast on October 19, 2009
[No link available]

Related Links
Linda Yueh webpage
Globalisation Programme webpage

News Posted: 19/10/2009      [Back to the Top]

Dostoc.com - blog

Will the credit crunch lead to recession

Recent research by Nick Bloom – as well as research of an earlier vintage by Fed chairman Ben Bernanke – suggests that the impact of the credit crunch on uncertainty will lead to an economic slowdown much worse than we currently anticipate. Article from CEP’s CentrePiece Spring 2008 on this blog site.

This article appeared on Dostdoc.com- blog on 19th October 2009. Link to article

Related links
See all publications by Nick Bloom link
Nick Bloom link
Productivity and Innovation Programme webpage


News Posted: 19/10/2009      [Back to the Top]

Observer

Is it finally time to end the bonus culture in the City?

LSE's Professor Willem Buiter is quoted on the bonus culture in the banking sector.

This article appeared in the Observer on 18th October 2009. Link to article

Related links
Willem Buiter webpage
Globalisation Programme webpage


News Posted: 18/10/2009      [Back to the Top]

The Huffington Post

Collin and Graham's Excellent No-Impact Adventure

In Richard Layard's book Happiness: Lessons From a New Science, the 7 factors found to effect happiness most were family relationships (#1), financial situation, work, community and friends, health, personal freedom, and personal values.

This article appeared in the Huffington Post on 15 October 2009. Link to article

Related Publications
Happiness: Lessons from a New Science by Richard Layard. deatails

Related Links
Richard Layard webpage
Happiness research webpage
Wellbeing Programme webpage


News Posted: 15/10/2009      [Back to the Top]

Nature.com

Is the stimulus working for you?

In an article for Nature Magazine, Richard Freeman writes "With rare prescience for economists, in 2008 and 2009 John Van Reenen of the London School of Economics and I published analyses of how bursts in R&D spending affect the market for research. To avoid a post-burst hangover, we argued for smoother changes in spending.

This article appeared in Nature.com on October 15, 2009
Link to article

Related Publications
'What if Congress Doubled R&D Spending on the Physical Sciences?', Richard B. Freeman and John Van Reenen, Centre for Economic Performance Discussion Paper No. 931, May 2009
'What if Congress Doubled R&D Spending on the Physical Sciences?’, Richard B. Freeman and John Van Reenen, in Josh Lerner and Scott Stern (Eds.), Innovation Policy and the Economy, Volume 9, February 2009. Details
Be Careful What You Wish For: A Cautionary Tale about Budget Doubling, Richard B. Freeman and John Van Reenen, Issues in Science and Technology, Fall 2008

Related Links
John Van Reenen webpage
Richard Freeman webpage
Productivity and Innovation Programme webpage
Labour Markets Programme webpage

News Posted: 15/10/2009      [Back to the Top]

Daily Mirror

Prescott: The North South divide: BBC2, 9pm

Economist Tim Leunig, who advocates that folk in cities like Liverpool and Sunderland should head south if they want to work, says his bit and even repellent art critic Brian Sewell is listened to politely.

This article appeared in the Daily Mirror on October 14, 2009
Link to article

Related Publications
'Cities Unlimited: Making Urban Regeneration Work’ by Tim Leunig and James Swaffield. Edited by Oliver Marc Hartwich. Published by Policy Exchange. Details
Where to Build Britain’s New Houses? by Tim Leunig. Article in CentrePiece Volume 13, Issue 1 Spring 2008.

Related Links
Tim Leunig webpage
Globalisation Programme webpage

News Posted: 14/10/2009      [Back to the Top]

BBC2 Television

The North South Divide

Tim Leunig interviewed on a programme on the North v South with John Prescott.

This programme appeared on BBC2 Television on October 14, 2009
Link to broadcast

Related Publications
'Cities Unlimited: Making Urban Regeneration Work’ by Tim Leunig and James Swaffield. Edited by Oliver Marc Hartwich. Published by Policy Exchange. Details
Where to Build Britain’s New Houses? by Tim Leunig. Article in CentrePiece Volume 13, Issue 1 Spring 2008.

Related Links
Tim Leunig webpage
Globalisation Programme webpage

News Posted: 14/10/2009      [Back to the Top]

Open your eyes news (blog)

Benefits 'wrecked the British work ethic', new study claims

Over the past decades each generation has seen more and more people milking the benefit system, which has sapped their will to work, the research from the Centre for Economic Performance said.

This article appeared in Open Your Eyes News on October 9, 2009
by biochemist (blog: What is Open Your Eyes News? It is the Big Picture - Our aim is to bring you the most comprehensive news on what is really happening in your world, updated 24 hours a day, 7 days a week. On a daily basis worldwide our environment, our democracies and our civil liberties are being eroded, often in the name of profit, self interest, greed and control. Open Your Eyes News is a compilation of news items, gathered from over a hundred mainstream media outlets worldwide, which directly or indirectly will affect us all.)
Link to article

Related Publications
European Unemployment: How Significant Was a Declining Work Ethic by Jean-Baptiste Michau in CentrePiece 14 (2) Autumn 2009 pages: 14-17
'Unemployment Insurance and Cultural Transmission: Theory and Application to European Unemployment' by Jean-Baptiste Michau, Centre for Economic Performance Discussion Paper No. 936, June 2009

Related Links
Jean-Baptiste Michau webpage
Macro Programme webpage

News Posted: 09/10/2009      [Back to the Top]

The Daily Mail

I'm the laziest man on earth. But when my boss offered to slash my hours it taught me a lot about the work ethic

Of course, many readers will think my behaviour just plain bonkers, asking why on Earth a man who professes to dislike work as much as I do should meekly volunteer for more, without any extra reward. But the older you are, says a study published this week by the Centre for Economic Performance, the easier you will find it to understand. According to Jean-Baptiste Michau, who wrote the report, the work ethic has been steadily crumbling away throughout Europe over the past few decades, with fewer people in each succeeding generation finding it wrong to accept money for doing nothing.

This article appeared in The Daily Mail on October 9, 2009
Link to article

Related Publications
European Unemployment: How Significant Was a Declining Work Ethic by Jean-Baptiste Michau in CentrePiece 14 (2) Autumn 2009 pages: 14-17
'Unemployment Insurance and Cultural Transmission: Theory and Application to European Unemployment' by Jean-Baptiste Michau, Centre for Economic Performance Discussion Paper No. 936, June 2009

Related Links
Jean-Baptiste Michau webpage
Macro Programme webpage

News Posted: 09/10/2009      [Back to the Top]

Financial sector policies in the crisis

Bretton Woods Project

World bank Programme of Seminar, Istanbul, 3 October 2009 US crisis response was necessary and successful; BUT we didn’t act early enough and didn’t push financial institutions to act early enough Willem Buiter, London School of Economics

This article appeared on Bretton Woods Project on 8th October 2009 Link to article

Related links
Willem Buiter webpage
Globalisation Programme webpage


News Posted: 08/10/2009      [Back to the Top]

RushLimbaugh.com,California (Radio)

Detroit's Model Citizens Line Up for Money from Obama's 'Stash'

The economic tsunami washing over metro Detroit swept its casualties to the doors of Cobo Center on Wednesday in the form of 35,000 people so desperate for help with mortgage and utility bills that threats were made, fights broke out and people were nearly trampled."
This is from the Daily Mail, UK: "Benefits 'Wrecked the British Work Ethic,' New Study Claims." … Over the past decades each generation has seen more and more people milking the benefit system, which has sapped their will to work, the research from the
Centre for Economic Performance said.

This was broadcast on RushLimbaugh.com Sherman Oaks, California on October 8 2009. Link

Related publications
‘European Unemployment: How Significant Was a Declining Work Ethic’ by Jean-Baptiste Michau
Download full article in CentrePiece 14 (2) Autumn 2009 pages: 14-17. 'Unemployment Insurance and Cultural Transmission: Theory and Application to European Unemployment by Jean-Baptiste Michau, Centre for Economic Performance Discussion Paper No. 936, June 2009 download


Related links
Jean-Baptiste Michau webpage
Macro Programme webpage


News Posted: 08/10/2009      [Back to the Top]

Trueslant – blog

Julia Ioffe (The Moscow Diaries, USA)

A new study by London School of Economics professor Matti Sarvimäki finds that the Soviet invasion of Finland in 1939, which displaced over 430,000 Finns, was the geopolitical equivalent of your parents serving you with an eviction notice. The study reveals that thousands of Finnish men, though tragically cut loose by the illegal and poorly-executed invasion that may have cemented Hitler’s decision to invade the USSR, ended up earning substantially more than Finnish men not unmoored by the Winter War. This article appeared on Trueslant.com on 6 October 2009. Link to article

Related publications
‘The Unexpected Consequences of Forced Migration’ Matti Sarvimäki, Roope Uusitalo and Markus Jäntti in CentrePiece Vol. 14 Issue 2, Autumn 2009 pages: 24-26.
‘Long-term Effects of Forced Migration’ Matti Sarvimäki, Roope Uusitalo and Markus Jäntti, SERC Discussion Paper No. 15, March 2009

Related links
Matti Sarvimäki webpage
SERC (Spatial Economics Research Centre) webpage


News Posted: 06/10/2009      [Back to the Top]

Financial Times

Relationship of trust is permanently damaged

Willem Buiter, professor of European political economy at the London School of Economics, says that it is a fallacy to think economic models, particularly those based on history, can hope to understand the fundamental relationships in a large and complex economy.

This article appeared in the Financial Times on October 6, 2009
Link to article

Related Links
Willem Buiter webpage
Globalisation Programme webpage

News Posted: 06/10/2009      [Back to the Top]

Harpymarx - blog

The pursuit of happiness in an unequal society

When I think of Richard Layard's books on Happiness Ken Dodd's song of the same name always pops into my head. Who knows why. Once upon a time in the not too distant past Layard's was NL's 'Happiness Tsar', he proposed we could easily train 10,000 new therapists within the next seven years. Some 5,000 of these should be "clinical psychologists"...

This article appeared on the Harpymarx blog on October 4, 2010
Link to article

Related Publications
The Depression Report: A new Deal for Depression and Anxiety Disorders, CEP Mental Health Policy Group, June 2006
Happiness: Lessons from a new science, Richard Layard, Penguin, February 2005

Related Links
Richard Layard webpage
Wellbeing Programme webpage



News Posted: 04/10/2009      [Back to the Top]

Tim Worstall - blog

Problems with social democracy

Take for example Richard Layard's idea that nutters should, instead of being given pills, have cognitive therapy. A flagship government strategy to train an army of therapists to get the nation off antidepressants and into work could be dramatically scaled back amid claims it is experiencing problems.

This article appeared Tim Worstall's blog site on October 4, 2009
Link to article

Related Publications
The Depression Report: A New Deal for Depression and Anxiety Disorders by The Centre for Economic Performance's Mental Health Policy Group, June 2006

Related Links
Richard Layard webpage
Richard Layard publications webpage
Wellbeing Programme webpage

News Posted: 04/10/2009      [Back to the Top]

Guardian

Flagship mental health scheme faces cutbacks

Professor Lord Richard Layard, a former government adviser whose 2006 report on depression was instrumental in establishing the programme, has claimed that, after fewer than 16 CBT sessions, at least half of people with depression or clinical anxiety will see significant improvement in their mental health.

This article appeared in the Guardian on October 4, 2009
Link to article

Related Publications
The Depression Report: A New Deal for Depression and Anxiety Disorders, Centre for Economic Performance Mental Health Policy Group, June 2006

Related Links
Richard Layard webpage
Richard Layard publications
Wellbeing Programme webpage

News Posted: 04/10/2009      [Back to the Top]

Bloomberg News (USA)

Pain in Spain may linger as banks seek to avoid property losses

Banks bought about 110,000 homes to keep losses off their books as Spain’s property bubble burst, according to a real estate researcher in Madrid. Now they’re using strategies reminiscent of the boom times - 100 percent mortgages, low interest rates and free cars - to sell homes, potentially slowing a drop in prices that’s needed to spur recovery from Spain’s worst recession in 60 years. "Maybe you can create some accounting value with all these tricks, but in the end it doesn’t make the situation any better and in the long term makes it worse," said Luis Garicano, a professor of economics and strategy at the London School of Economics, in a phone interview.

This article appeared in Bloomberg News on October 4, 2009
Link to article

Related Links
Luis Garicano webpage
Productivity and Innovation Programme webpage

News Posted: 02/10/2009      [Back to the Top]

CNBC Television

Doha Debate/The Future of Finance: New Rules, Same Game?

Linda Yueh took part in a televised debate recorded at the QFinance forum in Doha.

The debate was recorded for broadcast on CNBC Television on October 1, 2009
No link available.

Related Links
Linda Yueh webpage
Globalisation Programme webpage

News Posted: 01/10/2009      [Back to the Top]

Voice of America (Mandarin Service)

Business scene

Linda Yueh was interviewed on the prospect of overheating in the Chinese economy.

This interview was broadcast on the Voice of America (Mandarin Service) on September 29, 2009
[No link available]

Linda Yueh webpage
Globalisation Programme webpage

News Posted: 29/09/2009      [Back to the Top]

BBC Radio 4

Today

Linda Yueh interviewed, on the latest lending figures from the Bank of England, the rising savings rate and the revised UK GDP.

This interview was broadcast on 29th September 2009. Link
Also on:

BBC Radio 5 “Breakfast” Link
BBC News


News Posted: 29/09/2009      [Back to the Top]

PhysOrg

Lab-grade economics

Now [Joshua] Angrist, Ford Professor of Economics at MIT, has distilled those insights into a surprise-hit book, "Mostly Harmless Econometrics," along with co-author Jorn-Steffen Pischke, a former MIT professor who now teaches at the London School of Economics.

This article appeared on Physorg.com. Link to article

Related publications
Mostly Harmless Econometrics by Joshua Angrist and Jorn-Steffen Pischke, Princeton University Press, January 2009 Details of book

Related links
Steve Pischke webpage
Labour Markets Programme webpage


News Posted: 29/09/2009      [Back to the Top]

Zikir Health News

Psychotherapy as a basic right: a lesson from UK

At the World Congress on Psychosomatic Medicine which opened today in Torino Lord Richard Layard, Professor at the London School of Economics, has provided data on the British experience concerned with Improved Access to Psychological Therapy (APT).

This article appeared in Zikir Health News on September 28, 2009
Link to article

Related Publications
The Depression Report: A New Deal for Depression and Anxiety Disorders, Centre for Economic Performance’s Mental Health Policy Group, June 2006

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Mental Health Group webpage

News Posted: 28/09/2009      [Back to the Top]

U.TV - Belfast,Northern Ireland,UK

Aw, ref! We WAS robbed

Using data from a number of seasons of La Liga, in Spain, Luis Garicano, Ignacio Palacios-Huerta and Canice Prendergast systematically analysed referees' practices in a substantial paper in the Review of Economics and Statistics. They ask if it is true that referees do add more time at the end of games when it might benefit the home team, and if so, why?

This article appeared on UTV News on 24th September 2009. Link to article

Related links
Luis Garicano webpage
Productivity and Innovation webpage


News Posted: 24/09/2009      [Back to the Top]

MSN Money UK - London,UK

Economics of happiness

As professor Richard Layard of the London School of Economics said: "GDP is a hopeless measure of happiness." It is a refrain taken up by the French president.

This article appeared on MSN money on 24th September 2009. Link to article

Related Publications
Happiness: Lessons from a New Science by Richard Layard. Details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Happiness Research webpage


News Posted: 24/09/2009      [Back to the Top]

News Medical Net – Sydney, Australia

Programme trains 3,500 Bristish therapists in CBT

At the World Congress on Psychosomatic Medicine which opened today in Torino Lord Richard Layard, Professor at the London School of Economics, has provided data on the British experience concerned with Improved Access to Psychological Therapy (IAPT).

This article appeared on News Medical Net, Australia on 24th September 2009 Link to article.

Related Publications
Happiness: Lessons from a New Science by Richard Layard. Details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Happiness Research webpage


News Posted: 24/09/2009      [Back to the Top]

Economist

The pedagogy of the privileged

A study by two economists, Nick Bloom of Stanford and John Van Reenen of the London School of Economics, concluded that companies that use the most widely accepted management techniques, of the sort that are taught in business schools, outperform their peers in all the measures that matter, such as productivity, sales growth and return on capital. Many companies in the developing world, not least China, are desperate to hire more MBAs in order to improve their traditionally slapdash approach to management.

This article appeared in the Economist on September 24, 2009
Link to article

Related Publications
What Drives Good Management Around the World? by Nick Bloom, Christos Genakos, Raffaella Sadun and John Van Reenen. Article in CentrePiece, Volume 12, Issue 2 Autumn 2007
Joint McKinsey/CEP Report, Management Practice and Productivity: Why They Matter by Nick Bloom, Stephen Dorgan, John Dowdy and John Van Reenen, July 2007.

Related Links
John Van Reenen webpage
Nick Bloom webpage
Management Practices and Organisationl Structures webpage
Productivity and Innovation Programme webpage

Also in
Intermex Financial – blog by Ricardo Valenzuela

News Posted: 24/09/2009      [Back to the Top]

Press Release

5000 US women unable to access domestic violence services every day

5000 victims of domestic abuse are unable to access the help they need from federally funded services every day according to new research(1) from the London School of Economics and Political Science published in the journal Health Affairs today.

Dr Radha Iyengar of the LSE Economics Department and Centre for Economic Performance, and her colleague Lindsay Sabik of Harvard University, developed the first survey(2) of assistance provided to individuals in need by over 2000 programs across the United States on an average day. It is also the first peer-reviewed survey to be conducted after the reauthorization of the Violence Against Women Act in 2006.

The survey was conducted over one 24 hour period(3) during which nearly 50,000 people used these domestic violence services: 14,518 received emergency shelter; 7989 received transitional housing designed to move women from emergency into permanent housing; and 25,843 received non residential services – such as one-to-one counselling, safety planning and legal services – only.

However, over 5000 requests for help could not be met due to a lack of resources: 1752 of these were for emergency shelter; 1432 for transitional housing, 1999 for non residential services.

A higher proportion of unmet requests came from rural, economically disadvantaged and minority communities. As a result the report highlights the need for increased funding for domestic violence programs, especially in these areas.

Dr Iyengar said: 'These community-based organisations do essential work. They are often the last resort before the emergency room for victims of domestic violence. We know that when women do not have outside options are more likely to be killed.

'Clearly more funding of domestic violence programs is needed to meet as many requests for support as possible – particularly for transitional housing – in the places that need them most. These programs often do their best to find the "next best option" if they cannot meet the request but they are constrained by a lack of resources.'

A critical need for victims of domestic abuse is temporary, safe living quarters. Almost 65 per cent of programs that participated in the survey provided some form of emergency shelter. The authors of the report estimated that over the course of a year there will be over 5 million person-nights spent in shelter beds.

The researchers identified a particular need for more transitional housing. A fifth of programs surveyed offered emergency but no transitional housing. This is a crucial deficiency because shelters with transitional housing report much lower rates of victims returning to abusive partners.

Dr Iyengar said: 'While our survey is useful in identifying the services offered by crisis programs it can only provide limited information about the overall level of domestic abuse. Little is known about victims who use crisis services, but even less is known about victims who do not seek help. Unfortunately the true incidence of abuse likely to be much higher that the calls we recorded.'

Federally-funded, community-based domestic violence programs provide a range of services including shelters, counseling services, and financial and low cost legal support. They also provide an important referral destination for medical professionals who lack the time or resources to address the multi-faceted issues that victims of domestic violence face and for victims who do not want to disclose abuse to the police or medical professionals.

In the US the National Domestic Violence Hotline is 1-800-799-SAFE (7233) or TTY 1-800-787-3224

In the UK the freephone 24-hour National Domestic Violence Helpline (run in partnership between Women's Aid and Refuge) is 0808 2000 247

ENDS

Notes to editors

(1) An electronic copy of the paper The Dangerous Shortage of Domestic Violence Services is available from the LSE press office or Sue Ducat, Director of Communications at Health Affairs tel: (301) 841-9962 e: sducat@projecthope.org|

(2)The survey was the first National Census on Domestic Violence Services (2006).

(3)The survey method required local domestic violence programs to conduct an unduplicated count of the number of people using their program in a single 24 hour period on September 13 2006 without providing any identifying information about any individual. It is assumed that few people use the services of more than one domestic violence service in a single 24 hour period.

For media enquiries contact:

Sue Windebank, LSE press office, Tel: 020 7849 4624, E-mail: s.windebank@lse.ac.uk

22 September 2009

News Posted: 22/09/2009      [Back to the Top]

BBC News

Are shares about to fall off a cliff?

Linda Yueh quoted in an article by Jamie Robertson, as saying that the Chinese market tends to follow confidence - or the lack of it - in the economy generally, rather than corporate performance because of the predominance of state ownership. "The fall in the last three or four weeks has been around 20% which is a pretty amazing drop," she says.

This article appeared on the BBC online on September 4, 2009
Link to article

Related Links
Linda Yueh webpage
Globalisation Programme webpage

News Posted: 04/09/2009      [Back to the Top]

The Himalayan Times

Migrant cuts 'a threat to UK jobs'

LONDON: Deep cuts in the numbers of migrant workers coming from outside Europe to Britain could lead to the loss of British jobs as companies relocate to more immigration-friendly countries, employers warned yesterday. “We could find ourselves in a situation like the US — where companies shift projects to Vancouver because of the tough rules on migrants,” said Neil Carberry, head of pensions and employment policy at the CBI. Carberry applauded the migration advisory committee, headed by Professor David Metcalf of the London School of Economics, for opposing changes, particularly to the “intra-company route”. More than 60 per cent of migrant workers come to the UK through intra-company transfers.

This article appeared in The Himalayan Times on September 2, 2009
Link to article

Related Links
David Metcalf webpage
Labour Markets Programme webpage

News Posted: 02/09/2009      [Back to the Top]

RGE Monitor

Spain's unemployment problem

As Luis Garicano of the London School of Economics argues, “that the crisis has hit Spanish employment disproportionately is due to the catastrophic way the labor market works.” Unless action is taken to remedy the underlying causes of Spain’s unemployment crisis, the country faces a prolonged and dire recession.

This article appeared in RGE Monitor on September 2, 2009
Link to article

Related Links
Luis Garicano webpage
Productivity and Innovation webpage

News Posted: 02/09/2009      [Back to the Top]

Computing.co.uk

Innovate with IT to thrive

Dr Alexander Grous from the LSE's Centre for Economic Performance, who has studied the link between IT investment and business performance, said: "The lesson we can draw here is that companies cannot simply save their way back to recovery. Innovation deficits are extremely hard to redress. Organisations that recover best are those investing in areas of the business that can deliver long-term returns — areas such as IT."

This article appeared online on Computing.co.uk on September 2, 2009
Link to article

Also appeared in
iStockAnalyst
[No link available]

Related Links
Alexander Grous webpage
Productivity and Innovation Programme webpage

News Posted: 02/09/2009      [Back to the Top]

Reuters

Yuan spenders eclipse Russians, Arabs in London

"Income growth - particularly the top end, also driven by wealth accumulation - remains robust in China," said Linda Yueh …."Thus, wealthy Chinese may find that the weak pound makes Britain an attractive place to shop."

This article appeared in Reuters news on September 1, 2009
Link to article

Related Links
Linda Yueh webpage
Globalisation Programme webpage

News Posted: 01/09/2009      [Back to the Top]

Guardian

These Tory poverty claims will return to haunt them

Professor Paul Gregg of the Centre for Economic Performance brought them up to date with current Labour Force Survey figures: 2.1 million of those who have never worked are under 24, over three-quarters of them students

This article appeared in the Guardian on 28th August 2009 Link to article

Related Links
Paul Gregg webpage
Labour Markets webpage


News Posted: 28/08/2009      [Back to the Top]

The Star (Malaysia)

China, India replacing US as main consumer of goods produced in the region

GEORGE TOWN: Asia-Pacific countries, especially China and India, are replacing the US as the main consumer of goods produced in the region, which will help sustain the region’s economic recovery, “China registered a trade deficit last month, which shows that it is importing more than it is exporting,” said Danny Quah, an economics professor at the London School of Economics and Political Science.

This article appeared in The Star (Malaysia) on 28th August 2009. Link to article

Related Links
Danny Quah webpage
Macro Programme webpage


News Posted: 28/08/2009      [Back to the Top]

Press Release

CEP Director Wins Europe's Top Prize for Economic Research

John Van Reenen, director of the Centre for Economic Performance (CEP) and Professor at the London School of Economics, today becomes joint recipient (with Fabrizio Zilibotti) of the Yrjo Jahnsson Award in Economics 2009, Europe’s most prestigious prize for economic researchers. The citation from the Board of the Yrjo Jahnsson Foundation, which nominated them as recipients, says:

‘John Van Reenen and Fabrizio Zilibotti, both on their own and in joint work, have made several important contributions to the analysis of technological innovation and its link with economic growth and labour market phenomena’.

‘The work of Van Reenen and Zilibotti addresses very relevant questions, with rich policy implications, using a diversity of research styles and methods, but always with the highest standards of rigour and excellence.’

The Award is given every two years in cooperation with the European Economic Association (EEA) to a European economist under the age of 45 who has made a contribution in theoretical and applied research that is significant to economics in Europe. This year, the recipients will be announced at a ceremony at the annual congress of the EEA in Barcelona on Thursday 27 August.

The Award recognises the broad scope and impact of Professor Van Reenen’s research on the world of work and business:

‘John Van Reenen has made several contributions to the empirical analysis of labour markets, competition policy and industrial economics, especially in areas relating to productivity growth, management practices, R&D, intellectual property, and investment decisions.’

‘He has also done pioneering work on the organizational structure of the firm and its relation to innovation, contributing both with empirical evidence and measurement tools.’

Professor Van Reenen said:

‘I am deeply honoured to receive this award. It belongs more to the wonderful colleagues and students I have been so lucky to have worked with over the years.’


Related Links
Yrjo Jahnsson Award webpage
John Van Reenen webpage
Productivity & Innovation webpage


News Posted: 28/08/2009      [Back to the Top]

Railway Technology

Conservatives' High-Speed Rail Plans Branded as Nonsense

The Conservatives' £15bn commitment to build new high-speed rail links in the UK if they are elected is "campaigning nonsense", according to experts speaking at an engineering conference in London.
London School of Economics lecturer Dr Tim Leunig branded the Conservatives' plans a campaigning nonsense, saying that it would cost at least £11bn to build a London to Birmingham connection and that ...

This aritcle appeared in Railway Technology on 27th August 2009. Link to article

Related links
Tim Leunig webpage
Globalisation Programme webpage


News Posted: 27/08/2009      [Back to the Top]

BBC Radio 4

The World Tonight

Dr Tim Leunig , LSE, discussed the new high speed rail link proposed by Network Rail.

This interview was broadcast on BBC Radio 4 on 26th August 2009. Link to article

Related links
Tim Leunig webpage
Globalisation Programme webpage


News Posted: 26/08/2009      [Back to the Top]

HarvardBusiness.org

Should Work Make Us Happy?

The British Government has decided that happiness is of great importance to the nation and has appointed economist Richard Layard our first "Happiness Tsar." His mission is to build some positive thinking into the workforce from childhood, so children will develop into more resilient adults. In his book, Happiness: Lessons from a New Science, he writes: "There is a creative spark in each of us, and if it finds no outlet, we feel half dead. This can literally be true: among British civil servants, those who do the most routine work experience the most rapid clogging of arteries."

This article appeared on HarvardBussiness.org on 25th August 2009. Link to article

Related Publications
Happiness: Lessons from a New Science by Richard Layard, Penguin, 2005 Details

Related links
Richard Layard webpage
Richard Layard publications webpage
Wellbeing Programme webpage
Happiness Research webpage


News Posted: 25/08/2009      [Back to the Top]

Bloomberg.com

Royal Reasons for Overlooking Financial Meltdown: Matthew Lynn

In November last year, the British monarch visited the London School of Economics. There she asked a simple question: How come all the economists didn’t notice that the credit crunch was about to happen?

This article appeared on Bloomberg.com on 25th August 2009. Link to article

Related links
Luis Garicano webpage
Productivity and Innovation Programme webpage


News Posted: 25/08/2009      [Back to the Top]

Forbes.com

Joblessness has a lasting psychological impact, particularly on those with existing mental health problems

Depression factor. This last issue has become a much more significant aspect of public policy in the last few years, associated in particular with economist Richard Layard, who argues in his 2006 study, "The Depression Report," that the effect of mental illness on happiness is underestimated and that mental illness is related to labor market experience.

This article appeared on Forbes.com on 24th August 2009. Link to article

Related Publications
The Depression Report: A New Deal for Depression and Anxiety Disorders Download report

Related Links
Richard Layard webpage
Richard Layard publications webpage
Wellbeing Programme webpage


News Posted: 24/08/2009      [Back to the Top]

Independent

Fur flies as top academics trade blows over Felix the Cat (and race) British historian feuding with Nobel winner compares US President to a cartoon character

David Usborne comments on historian Niall Ferguson's response to remarks made by Paul Krugman, Centenary Professor at the London School of Economics, about Barack Obama. This article appeared in the Independent on 24th August 2009. Link to article

Related Links
Paul Krugman webpage
Lionel Robbins Lectures 2009 - Paul Krugman: The Return of Depression Economics download vodcasts webpage


News Posted: 24/08/2009      [Back to the Top]

The Nation – Thailand

A framework for a new global financial architecture

Richard Layard of the London School of Economics, in his book "Happiness: Messages From a New Science", presented a concise overview of the evidence that happiness, well-being and quality of life, beyond a certain level, do not increase with GDP growth.

This article appeared in The Nation on 24th August 2009. Link to article

Related publications
Happiness: Lessons from a New Science by Richard Layard, Penguin, 2005 Details

Related links
Richard Layard webpage
Richard Layard publications webpage
Wellbeing Programme webpage
Happiness Research webpage


News Posted: 24/08/2009      [Back to the Top]

The Times

Professor Paul Krugman at war with Niall Ferguson over inflation

America’s top liberal pundit is at loggerheads with a British don over how to save the world economy.

The argument is about whether the huge stimulus programmes launched by governments around the world, and the way central banks are furiously printing money, are lifting the global economy out of recession. Or whether they are just teeing up the next crisis — hyper-inflation and an even worse economic collapse.

This article appeared in the Times on 23rd August 2009. Link to article

Related Links
Paul Krugman webpage
Lionel Robbins Lectures 2009 - Paul Krugman: The Return of Depression Economics download vodcasts


News Posted: 23/08/2009      [Back to the Top]

Scotsman

Academics in catfight over Obama race jibe

Scotland's most controversial historian has become embroiled in a race row with a Nobel Prize winner over comments he made about President Barack Obama.
Observers said the New York debate between Krugman, professor of economics and international affairs at Princeton and Centenary professor at London School of Economics and Ferguson descended into a row over the US issuing Treasury bonds to inject money into financial markets.

This article appeared in the Scotsman on 23rd August 2009. Link to article

Related Links
Paul Krugman webpage
Lionel Robbins Lectures 2009 - Paul Krugman: The Return of Depression Economics download vodcast



News Posted: 23/08/2009      [Back to the Top]

Voice of America (Mandarin Service)

'Business Scene'

Linda Yueh commented on possible tightening of monetary policies in China and the Euro Zone. (no link available)

This interview was broadcast on Voice of America on 21st August 2009. (no link available)

Related Links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 21/08/2009      [Back to the Top]

Energy Bulletin - ODAC Newsletter

Welcome to the ODAC Newsletter, a weekly roundup from the Oil Depletion Analysis Centre

Three weeks ago an impressive selection of the great and the good wrote to the Queen explaining why so few experts predicted the crunch. They were responding to Her Majesty’s famous inquiry, “Why did no one see it coming?” – delivered as she toured the London School of Economics last year...

This article appeared on energybulletin.net on 21st August 2009. Link to article

Related links
Luis Garicano webpage
Productivity and Innovation Programme webpage


News Posted: 21/08/2009      [Back to the Top]

RBC Daily (Russia)

Linda Yueh

Linda Yueh interviewed about China's overseas energy investments

This article appeared in RBC Daily on 20th August 2009 Link to article

Related Links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 20/08/2009      [Back to the Top]

New Statesmen

Suicide rates rose at shocking speed after the Wall Street Crash of 1929 – and have done with each recession in the past century

Richard Layard - economist and prominent promoter of happiness - is concerned about the psychological impact of the current financial gloom. How much additional mental illness will there be? A lot, he thinks. But one should not exaggerate that, he says, "because there's so much already". There are about a million people on incapacity benefit in the UK due to mental illness, and roughly six million people suffering from depression or anxiety.

This article appeared in the New Statesmen on 20th August 2009 Link to article

Related Publications
The Depression Report: A New Deal for Depression and Anxiety Disorders by Richard Layard. Download Report


Related Links
Richard Layard webpage
Richard Layard publications webpage
Wellbeing Programme webpage


News Posted: 20/08/2009      [Back to the Top]

BBC World Service

'Analysis' programme

Linda Yueh interviewed on Chinese graduate unemployment.

This interview was broadcast on 20th August 2009. (No link avaliable).

Related Links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 20/08/2009      [Back to the Top]

The Times

Brandon Muir: media's obssession with child tragedies a danger, warns peer

The media’s obsession with childhood tragedies, such as that of Brandon Muir, is making social workers more concerned with “covering their backs” than focusing on their jobs, the economist Lord Layard suggested yesterday. Lord Layard, Emeritus Professor of Economics at the London School of Economics, was discussing A Good Childhood: Searching for Values in a Competitive Age , which he co-authored with Judy Dunn.

This article appeared in the Times on 20th August 2009. Link to article

Related publication
A Good Childhood: Searching for Values in a Competitive Age by Richard Layard and Judy Dunn. Published February 2009. Details

Related links
Richard Layard webpage
Wellbeing Programme webpage


News Posted: 20/08/2009      [Back to the Top]

US News and World Report

What British Colleges Can Teach America

"Unlike the U.S., students here don't have that debt around their necks all their lives," says Anna Vignoles, an education and skills expert at the London School of Economics.

This article appeared in US News and World Report on 19th August 2009. Link to article

Related links
Anna Vignoles’ webpage
Centre for the Economics of Education (CEE) webpage
Education and Skills Programme webpage


News Posted: 19/08/2009      [Back to the Top]

The Irish Economy - Blog Archive

Learning from the financial crisis: globally and locally

More recently, a group associated with the British Academy wrote a letter to the Queen to answer her question to Luis Garicano of the LSE as to “if these things are so large, how come everyone missed it?”, while Robert Lucas defended mainstream macroeconomics in the Economist magazine in this article.

This article appeared in the Irish Economy on 18th August 2009. Link to article

Related links
Luis Garicano webpage
Productivity and Innovation Programme webpage


News Posted: 18/08/2009      [Back to the Top]

Guardian

How to be happy at work

As government happiness tsar, economist Richard Layard wrote in his book Happiness: Lessons From A New Science, "There is a creative spark in each of us, and if it finds no outlet, we feel half dead.

Related publications
Happiness: Lessons from a New Science by Richard Layard, Penguin, 2005 Details

Related links
Richard Layard webpage
Richard Layard publications webpage
Wellbeing Programme webpage
Happiness Research webpage


News Posted: 15/08/2009      [Back to the Top]

Inside Housing

Research was inconclusive

The comment Must try harder by Tim Leunig, (Inside Housing, 7 August) which referred to the research Growing up in social housing in Britain, is a disingenous assessment of a study which the author had clearly read and spotted that the findings were inconclusive, but then decided that he could draw attention seeking conclusions which are not supported by the research, or the original team who completed it.

This article appeared in Inside Housing on 14th August 2009. Link to article

Related links
Tim Leunig webpage
Globalisation Programme webpage


News Posted: 14/08/2009      [Back to the Top]

Evening Standard

Fears for the young with no work as Britain's jobless total rockets to 15-year high

Youth unemployment is reported to have soared to nearly one million. London School of Economics professor Lord Layard said it would be four years before the Government brought in a pledge to give 16 to 19-year-olds a guaranteed apprenticeship and urged ministers to fast-track the plan

This article appeared in the Evening Standard on 12th August. Link to article

Related links
Richard Layard webpage
Richard Layard publications webpage
Wellbeing Programme webpage


News Posted: 12/08/2009      [Back to the Top]

Radio 4

Today

Richard Layard was interviewed, discussing what can be done to prevent long-term youth unemployment.

This interview was broadcast on Radio 4 on 12th August 2009. Link to article (scroll down to 07.33 slot).

Related publications
‘Good Jobs and Bad Jobs’ , Richard Layard, Centre for Economic Performance Occasional Paper No.19, April 2004

Related links
Richard Layard webpage
Wellbeing Programme webpage
Labour Markets Programme webpage


News Posted: 12/08/2009      [Back to the Top]

ITV News (Lunchtime, Evening and News at Ten)

Linda Yueh Interview

Linda Yueh interviewed on RBS and the state of the financial crisis.

This interview was broadcast on ITV on 7th August 2009 (no link avaliable).

Related links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 07/08/2009      [Back to the Top]

In The News

House prices – up or down in 2008?

It’s no secret that over the last decade a lot of people have made a very healthy amount of money out of property investment. Average house prices have soared by over 180 per cent in ten years...In fact, property has performed so well that 53 per cent of people now view it as a safer investment than cash, even though cash is incredibly safe. Such a belief, however, may be dealt a cruel blow this year as analysts talk widely about a slowdown, and possibly a crash. Respected economists Julian Le Grand and John Van Reed [sic] both of the London School of Economics have said that prices could fall by 30 per cent and 20 per cent respectively.

This article appeared on In the News on 5th August 2009. Link to article

Related links
John Van Reenen webpage
Productivity & Innovation webpage


News Posted: 05/08/2009      [Back to the Top]

House Magazine

New curriculum in a cold climate

Sweden’s bold experiment in liberating schools from state control has worked, says Marek Hlavac. Social mobility in the UK has been declining, and with it, the prospects of living in a society where effort and skills matter more than socio-economic background. A 2005 study released by the Centre for Economic Performance at the London School of Economics reported that intergenerational social mobility in the UK had fallen markedly over time, and cited the ever-closer relationship between family income and educational attainment as an important reason.

This article appeared in House Magazine on 5th August 2009. Link to article

Related publications
Project Summary Report Recent Changes in Intergenerational Mobility in the UK: A Summary of Findings
Main Report Recent Changes in Intergenerational Mobility in Britain by Jo Blanden and Stephen Machin December 2007
Report for the Sutton Trust Intergenerational Mobility in Europe and North America by Jo Blanden, Paul Gregg and Stephen Machin
Social Mobility in Britain: Low and Falling by Jo Blanden, Paul Gregg and Stephen Machin. Article appeared in CentrePiece, Vol.10, Issue 1 Spring 2005

Related links
Jo Blanden webpage
Paul Gregg webpage
Steve Machin webpage
Alissa Goodman webpage
Education and Skills Programme webpage


News Posted: 05/08/2009      [Back to the Top]

The Guardian

Tracks of our tears - but now a new vision for trains is arriving

"British Rail was obsessed with setting out a vision, but never defined what the railways were for or what they were good at," said Tim Leunig, an economic historian at the LSE, commenting on proposals for a high-speed rail network. "The government threw huge sums at BR, which always promised to break even and never did. It was the most bailed-out organisation in Britain."

This article appeared in the Guardian on 5th August 2009. No online version available.

Related links
Tim Leunig webpage
Globalisation Programme webpage


News Posted: 05/08/2009      [Back to the Top]

ITV News (Lunchtime, Evening and News at Ten)

Linda Yueh Interview

Linda Yueh interviewed on losses at Lloyds Banking Group.

This interview was broadcast on ITV News on 4th August 2009.

Related Links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 04/08/2009      [Back to the Top]

CEP on TV/Radio - Linda Yueh Interview

ITV News

Linda Yueh commented on Northern Rock's results and wider economic implications.

This interview was broadcast on ITV News on 4th August 2009 (No link avaliable)

Also interviewed on Voice of America (Mandarin Service) "Business Scene" about the Chinese reining back lending in the banking system.

Related Links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 04/08/2009      [Back to the Top]

Financial Times

Slow trains

Brian Groom notes that Tim Leunig of the London School of Economics has questioned whether reopening the Todmorden curve and thus creating a fast link to Manchester would do much to revive Burnley's economy.

This article appeared in the Financial Times on 28th July 2009. Link to article

Related links
Tim Leunig webpage
Globalisation Programme webpage


News Posted: 28/07/2009      [Back to the Top]

RBC Daily (Russia)

Linda Yueh Interview

Linda Yueh interviewed about China launching a NASDAQ style exchange.

This article appeared in RBC Daily (Russsia) on 28th July 2009. Link to article

Related Links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 28/07/2009      [Back to the Top]

FinFacts Ireland

The influence of 'Animal Spirits' on Business Climate Surveys ...

The origins and effects of the crisis were explained to her by Professor Luis Garicano, director of research at the LSE's management department.

This article appeared in FinFacts Ireland on 28th July 2009. Link to article

Related links
Luis Garicano webpage
Productivity and Innovation Programme webpage


News Posted: 28/07/2009      [Back to the Top]

Hindu

Failure of collective imagination, Queen told

“Why did nobody notice?” The Queen asked Professor Luis Garicano, Director of Research at the Department of Management, at LSE obviously concerned about its effect on her own investments which had fallen sharply.

This article appeared in the Hindu on 27th July 2009. Link to article

Related links
Luis Garicano webpage
Productivity and Innovation Programme webpage


News Posted: 27/07/2009      [Back to the Top]

The Guardian

This is how we let the credit crunch happen, Ma'am ...

Professor Luis Garicano to whom the Queen directed her question when she visited the LSE in November last year, said: "She seemed very interested, and she asked me: 'How come nobody could foresee it?' I think the main answer is that people were doing what they were paid to do, and behaved according to their incentives, but in many cases they were being paid to do the wrong things from society's perspective."

Related publications
‘The Organisation of Firms Across Countries’ , Nick Bloom, Raffaella Sadun and John Van Reenen, Centre for Economic Performance Discussion Paper No.937, June 2009.

Related links
Nick Bloom webpage
Raffaella Sadun webpage
John Van Reenen webpage
Productivity and Innovation Programme webpage

News Posted: 26/07/2009      [Back to the Top]

Sunday Telegraph

Britain's social mobility is high but politicians threaten it

Letter writer says that, when ‘…shorn of error and spin, the LSE study really shows that Britain had and still has a very high level of social mobility’.

This article appeared in the Sunday Telegraph on July 26 2009. Link to article

Related publications
Summary Report Recent Changes in Intergenerational Mobility in the UK: A Summary of Findings
Main Report Recent Changes in Intergenerational Mobility in Britain by Jo Blanden and Stephen Machin, December 2007
Report for the Sutton Trust Intergenerational Mobility in Europe and North America by Jo Blanden, Paul Gregg and Stephen Machin
Social Mobility in Britain: Low and Falling by Jo Blanden, Paul Gregg and Stephen Machin. Article appeared in CentrePiece, Vol.10, Issue 1 Spring 2005

Related Links
Jo Blanden webpage
Paul Gregg webpage
Steve Machin webpage
Alissa Goodman webpage
Education and Skills Programme webpage




News Posted: 26/07/2009      [Back to the Top]

Sunday Times

They're wrong - social mobility is not going downhill

Following the recent government report, David Goodhart writes that ‘…the work (the Sutton Trust Report) of three economists – Jo Blanden, Stephen Machin and Paul Gregg … has arguably, had more influence on public debate than any academic paper of the past 20 years.’

This article appeared in the Sunday Times on July 26, 2009
Link to article

Related Publications
Project Summary Report Recent Changes in Intergenerational Mobility in the UK: A Summary of Findings
Main Report, Recent Changes in Intergenerational Mobility in Britain by Jo Blanden and Stephen Machin, December 2007
Report for the Sutton Trust Intergenerational Mobility in Europe and North America by Jo Blanden, Paul Gregg and Stephen Machin
Social Mobility in Britain: Low and Falling by Jo Blanden, Paul Gregg and Stephen Machin. Article appeared in CentrePiece, Vol.10, Issue 1 Spring 2005

Related Links
Jo Blanden webpage
Stephen Machin webpage
Paul Gregg webpage
Education and Skills Programme webpage

News Posted: 26/07/2009      [Back to the Top]

The New York Times

Bankrupt or bailed out?

Article for Economix - Explaining the Science of Everyday Life, written by Peter Boone and Simon Johnson
Peter Boone is chairman of Effective Intervention, a charity based in Britain, and a research associate of the Centre for Economic Performance, London School of Economics.
Another day, another potential bailout decison for the government - yesterday it was the CIT Group.

This article appeared in the New York Times - Economix on July 16, 2009
Link to article

Related Links
Peter Boone webpage
Effective Intervention Programme webpage

News Posted: 16/07/2009      [Back to the Top]

People Management

Award winning research

The winner of the Professor Ian Beardwell Prize for best research paper, presented during this year’s conference, was won by David Marsden and Simone Moriconi of the Centre for Economic Performance at the London School of Economics. Their paper looked at the contribution of employee well-being and sickness absence policies to improved business performance, a theme high on the agenda for people management and development professionals and their organisations.

This article appeared in People Management on 16 July 2009. Link to article

Related publication
‘The Value of Rude Health’: Employees’ Wellbeing, Absence and Workplace Performance by David Marsden and Simone Moriconi, Centre for Economic Performance Discussion Paper No. 919 April 2009
"Royal Mail Report, ‘The Value of Rude Health’ by David Marsden and Simone Moriconi, May 2008

Related Links
David Marsden webpage
Simone Moriconi webpage
Labour Markets Programme webpage
Enterprise LSE Limited webpage

News Posted: 16/07/2009      [Back to the Top]

Hertfordshire

Hertfordshire leads the way in national apprenticeship launch

The Apprenticeship Pathfinder Project has just been launched – and Hertfordshire is one of three local authorities pioneering it. Part of a wider 'Local Wellbeing Project', the pathfinder is the result of a partnership between the Young Foundation, Lord Richard Layard of the London School of Economics and the Improvement and Development Agency.

This article appeared on hertfordshire.com on July 14 2009. Link to article

Related links
Richard Layard webpage
Richard Layard publications webpage
Wellbeing Programme webpage
Happiness Research webpage


News Posted: 14/07/2009      [Back to the Top]

BBC News

Linda Yueh interview

Linda Yueh was interviewed on the Treasury White Paper on financial regulation reform.

This interview was broadcast on BBC News on July 8, 2009
[No link available.]

Related Links
Linda Yueh webpage
Globalisation Programme webpage

News Posted: 08/07/2009      [Back to the Top]

CNBC

Worldwide Exchange

Linda Yueh was interviewed on the prospects for the Japanese economy.

This interview was broadcast on CNBC - "Worldwide Exchange" on July 8, 2009
[No link available.]

Related Links
Linda Yueh webpage
Globalisation Programme webpage

News Posted: 08/07/2009      [Back to the Top]

International Business Times - New York, USA

Yen rallies across the board as risk aversion increases due to uncertainty over the global economy

In addition, former Bank of England policy maker, Stephen Nickell, said that the property market may be slow to recover.

This article appeared in the International Business Times on July 8 2009 Link to article

Related links
Stephen Nickell webpage
Labour Markets Programme webpage


News Posted: 08/07/2009      [Back to the Top]

Bloomberg – USA

Gilts Rise, Pound Declines on Concern Property Recovery Stalls

U.K. gilts rose and the pound dropped below $1.60 for the first time since June after house prices unexpectedly fell and former Bank of England policy maker Stephen Nickell said the property market may be slow to recover.

This article appeared on Bloomberg on 8 June 2009. Link to article

Related links
Stephen Nickell webpage
Labour Markets Programme webpage


News Posted: 08/07/2009      [Back to the Top]

Bloomberg – USA

Gilts Rise, Pound Declines on Concern Property Recovery Stalls

U.K. gilts rose and the pound dropped below $1.60 for the first time since June after house prices unexpectedly fell and former Bank of England policy maker Stephen Nickell said the property market may be slow to recover.

This article appeared on Bloomberg USA on 8th July 2009. Link to article

Related links
Stephen Nickell webpage
Labour Markets Programme webpage


News Posted: 08/07/2009      [Back to the Top]

Voice of America (Mandarin Service)

Business scene

Linda Yueh gave an interview on the recent upgrades to China's growth.

This interview was broadcast on the Voice of America (Mandarin Service) - "Business Scene" on July 7, 2009
[No link available.]

Related Links
Linda Yueh webpage
Globalisation Programme webpage

News Posted: 07/07/2009      [Back to the Top]

Financial Times

If you build it, will they come?

Residents generally regard a local racecourse as an asset, says David Metcalf, an economics professor at the LSE and a Jockey Club steward who has visited most of the UK's courses.

This article appeared in the Financial Times on July 4, 2009
Link to article

Related Publications
Race Relations by David Metcalf in CentrePiece Volume 9, Issue 1, Spring 2004

Related Links
David Metcalf webpage
Labour Markets Programme webpage

News Posted: 04/07/2009      [Back to the Top]

RBC Daily - Russia

Linda Yueh interviewed

Linda Yueh interviewed, on the decline in foreign direct investment to China in the past year.

This article appeared in RBC Daily - Russia on July 3, 2009
Link to article

Related Links
Linda Yueh webpage
Globalisation Programme webpage

News Posted: 03/07/2009      [Back to the Top]

iStockAnalyst

The Baseline Scenario

The Baseline Scenario authored by Peter Boone, Simon Johnson and James Kwak, is dedicated to explaining some of the key issues in the global economy and developing concrete policy proposals. Since it was launched in September 2008, this blog has been cited by The New York Times, The Wall Street Journal (Real Time Economics), The Economist (Free Exchange), The Financial Times, Time Magazine, NPR (Planet Money), and many other sites around the Internet.
Peter Boone is chair of Effective Intervention, a UK-based charity, and an Associate at the Centre for Economic Performance, London School of Economics.

This article appeared on iStockAnalyst.com on 3rd July 2009. Link to article

Related links
Peter Boone webpage
Effective Intervention Programme webpage


News Posted: 03/07/2009      [Back to the Top]

Times Educational Supplement

US study casts doubt on Tory policy

"The recent (London School of Economics) Centre for Economic Performance report suggested that academies were only doing as well as their neighbouring schools, and this US report further undermines the basic tenet of academies, which is that they are better than normal schools. It's simply not true."

This article appeared in the Times Educational Supplement on July 3, 2009
Link to article

Related Publications
Academy schools and pupil performance by Stephen Machin and Joan Wilson in CentrePiece Vol 14 Issue 1 Spring 2009

Related Links
Stephen Machin webpage
Joan Wilson webpage
Education and Skills Programme webpage
Centre for the Economics of Education webpage

News Posted: 02/07/2009      [Back to the Top]

BBC World News

World Business Report

Linda Yueh was interviewed on the state of the Euro Zone economy.

This interview was broadcast on BBC Worldnews on 2nd July 2009. (No link avaliable)

Related Links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 02/07/2009      [Back to the Top]

Financial Times

Why so precious when your town is failing?

Jonathan Guthrie writes that Tim Leunig of the London School of Economics was criticised last year for claiming northerners should consider coming to the SE to find work. Guthrie notes that many residents of declining areas would be better off moving. But it is well-nigh impossible to discuss this maturely.

This article appeared in the Financial Times on 2nd July 2009. Link to article

Related Publications
Where to Build Britain’s New Houses? by Tim Leunig, article in CentrePiece Volume 13, Issue 1 Spring 2008.
Cities Unlimited: Making Urban Regeneration Work by Tim Leunig and James Swaffield. Edited by Oliver Marc Hartwich. Published by Policy Exchange.

Related Links
Tim Leunig webpage
Globalisation Programme webpage


News Posted: 02/07/2009      [Back to the Top]

New York Times Blogs - New York, USA

So Long and Thanks for All the F-Tests by Ian Ayres

I've been reading a truly excellent book by Joshua Angrist and Jörn-Steffen Pischke called Mostly Harmless Econometrics: An Empiricist's Companion.
This article appeared in the New York Times Blogs on 1st July 2009. Link to article.

Related publications
Mostly Harmless Econometrics: An Empiricist’s Companion by Joshua Angrist and Jörn-Steffen Pischke, Princeton University Press, January 2009. details

Related links
Jörn-Steffen Pischke webpage
Labour Markets Programme webpage


News Posted: 01/07/2009      [Back to the Top]

Prospect Magazine - London,UK

Freud in the slips

Brearley also questions theories of happiness from the likes of Richard Layard (a prominent advocate of CBT), saying: “There's nothing wrong with happiness, but what constitutes happiness?”

This article appeared in the July issue of Prospect Magazine. Link to article

Related publications
Happiness: Lessons from a New Science by Richard Layard, Penguin, 2005 Details

Related links
Richard Layard webpage
Richard Layard publications webpage
Wellbeing Programme webpage
Happiness Research webpage


News Posted: 01/07/2009      [Back to the Top]

BBC 1

'Breakfast'

Linda Yueh interviewed to comment on the latest Bank of England Financial Stability Report.

This interview was broadcast on 30th June 2009 (no link avaliable).

Also on:
BBC Radio 4 "Today"
BBC Radio 5 "Wake Up to Money"
Radio 5 Link
Radio 4 Today Link

Related links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 26/06/2009      [Back to the Top]

Independent

Andy Hobsbawm: From social media to social good

The reason more people are trying to find meaning in social contribution can be explained by the work of economist Richard Layard. Despite 50 years of GDP growth, he notes, surveys in Britain and American consistently report back that we haven’t got any happier.

This article appeared in the Independent on 25th June 2009. Link to article

Related publications
Happiness: Lessons from a New Science by Richard Layard, Penguin, 2005 Details

Related links
Richard Layard webpage
Richard Layard publications webpage
Wellbeing Programme webpage
Happiness Research webpage


News Posted: 25/06/2009      [Back to the Top]

Voice of America (Mandarin Service)

Business Service

Linda Yueh interviewed, to comment on growing bad debts and financial irregularities in China's state owned banks.

This interview was broadcast on Voice of America on 24 June 2009 (no link avalialbe).

Related links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 24/06/2009      [Back to the Top]

Bloomberg TV

Linda Yueh interview

Linda Yueh commenting on the potential EU/US WTO action against China's export tax on raw materials.

This interview was broadcast on Bloomberg TV on 24 June 2009 (no link avaliable).

Related Links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 24/06/2009      [Back to the Top]

Guardian (G2)

How the talk became big business

Aditya Chakrabortty writes on the growing interest in public lectures, with reference to Nobel-winning economist Paul Krugman "packing out the London School of Economics for three nights running"

This article appeared in The Guardian, G2 on 23 June 2009. Link to article


Paul Krugman: The Return of Depression Economics.
For details of the lectures and access to the podcasts go to Lionel Robbins Lectures 2009

News Posted: 24/06/2009      [Back to the Top]

ET Now

Linda Yueh Interview

Linda Yueh interviewed for the jointly run TV channel in India by Reuters TV and Economic Times of India, to comment on the potential re-appointment of Fed Chairman Ben Bernanke.

This interview was broadcast on ET now on 23 June 2009. (no link avaliable)

Related links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 23/06/2009      [Back to the Top]

Business Standard, India

Arvind Subramanian: Fiscal prudence, now and here

The first view, expressed most forcefully by Paul Krugman in his recent Lionel Robbins lectures at the London School of Economics, calls for additional fiscal stimulus.

This article appeared in Business Standard, India on 23 June 2009. Link to article

Paul Krugman: The Return of Depression Economics.
For details of the lectures and access to the podcasts go to Lionel Robbins Lectures 2009.

News Posted: 23/06/2009      [Back to the Top]

The Age - Melbourne,Victoria ,Australia

Counting the high cost of happiness

Who wouldn’t like a pay rise? Just about everyone would, according to convenetional political, economic and business theories. Economist Richard Layard begs to differ. The founder of the Centre for Economic Performance at the London School of Economic, Layard examines the big conundrum of the past 50 years. Average incomes have more than doubled in that period…but people are no happier.

This article appeared in The Age, Melborne, Australia on 23 June 2009. Link to article

Related Publications
Happiness: Lessons from a New Science by Richard Layard. Link to details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Happiness Research webpage


News Posted: 23/06/2009      [Back to the Top]

CNBC Europe

Squawk Box

CNBC Europe "Squawk Box" Linda Yueh was a guest host, commenting on global economic developments.

This interview was broadcast on 22 June 2009. (No link avaliable)

Related links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 22/06/2009      [Back to the Top]

RBC Daily - Russia

Linda Yueh interview

Linda Yueh was interviewed on China resuming its IPOs.

This article appeared on RBC Daily on 22 June 2009. Link to article

Related Links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 22/06/2009      [Back to the Top]

PR.com

A Surge in Business at Stellar Concepts and Design Hints at the Ending Phase of Recession

Anthony Giudice, Stellar Concepts and Design president and founder credits this surge in their business to the recovery phase of recession. he US recession ends up being, in retrospect, dated sometime this summer,” said New York Times columnist and Nobel Prize-winning economist Paul Krugman in a lecture at the London School of Economics

This article appeared on PR.com on 21 June 2009. Link to article

Paul Krugman: The Return of Depression Economics The Lionel Robbins lectures held on Monday 8th June, Tuesday 9th June and Wednesday 10th June covered the causes of the global economic crisis; the deeply vexed question of how and when the world economy can recover; and the implications of the whole mess for economics and economists. For details of the lectures and access to the podcasts go to Lionel Robbins Lectures


News Posted: 21/06/2009      [Back to the Top]

PublicNet - Westcliff-on-Sea,Essex,UK

Commonsense Innovation

Being open to innovation means we learn from best practice and have brought leading national and international experts to South Tyneside. From Ben Page of Ipsos MORI to Professor Martin Seligman of Penn State University; and from Lord Professor Richard Layard of the LSE to Geoff Mulgan of the Young Foundation.

This article appeared on Public Net on 19 June 2009. Link to article

Related publications
The 2007 Ashby Lecture, University of Cambridge, ‘The Teaching of Values’ by Richard Layard download

Related links
Richard Layard webpage
Richard Layard publications webpage
Wellbeing Programme webpage
Happiness Research webpage


News Posted: 19/06/2009      [Back to the Top]

Independent Schools Magazine

Independent school pupils ‘earn 30% more in later life'

According to a study by the University of Kent and LSE, students who go to independent schools go on to earn an average of 30% more than state school students. "This difference in earnings was especially pronounced when we looked at the top end of the salary scale," said co-author Richard Murphy, from the London School of Economics.

This article appeared in Independent Schools Magazine on 19 June 2009. Link to article

Related Publications
‘What have private schools done for (some of) us?’ in Significance Magazine Volume 6, Issue 2 published by the Royal Statistical Society, June 2009, pp 63-67 Authors: Francis Green, Stephen Machin, Richard Murphy and Yu Zhu Download article

Related links
Richard Murphy webpage
Francis Green webpage
Stephen Machin webpage
Yu Zhu webpage
Education and Skills Programme webpage
Centre for the Economics of Education (CEE) webpage


News Posted: 19/06/2009      [Back to the Top]

RBC Daily - Russia

Sinopec Addax

Linda Yueh was interviewed on China's overseas investments.

This article appeared on RBC Daily on 18th June 2009 Link to article

Related links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 18/06/2009      [Back to the Top]

BBC Radio 4

Today Programme

Does psychotherapy do more harm than good? An Intelligence Squared debate at the Royal Geographical Society will address the issue. Former psychotherapist Jeffrey Masson and government adviser Lord Layard put forward their sides of the argument.

This interview was broadcast on 17th June 2009 on BBC Radio 4. Link to podcast of interview

Related publications
‘The Depression Report: A New Deal for Depression and Anxiety Disorders’ by Richard Layard.
‘Improving Access to Psychological Therapy: Initial Evaluation of the Two Demonstration Sites’ David M. Clark, Richard Layard and Rachel Smithies, Centre for Economic Performance Discussion Paper No. 897, November 2008.
‘Cost-Benefit Analysis of Psychological Therapy’ David Clark, Martin Knapp, Richard Layard and Guy Mayraz, Centre for Economic Performance Discussion Paper No. 829, October 2007

Related Links
Richard Layard webpage
Wellbeing Programme webpage


News Posted: 17/06/2009      [Back to the Top]

Guardian

Response Economists are actively engaged in seeking remedies to the crisis

Economists are actively engaged in seeking remedies to the current world economic crisis, writes Francesco Caselli, professor of economics at the LSE and director of the macro programme at the Centre for Economic Performance.

This article was published in the Guardian on 17 June 2009. Link to article

Related Links
Francesco Caselli webpage
Macro Programme webpage


News Posted: 17/06/2009      [Back to the Top]

BBC World Service

Newshour

Linda Yueh interviewed on the agenda of the first BRIC summit.

This interview was broadcast on 16 June on BBC Worldservice (no link avaliable).

Related links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 16/06/2009      [Back to the Top]

U.TV - Belfast,Northern Ireland

Balls' warning to schools: two years to improve

A study by the centre for economic performance at the London School of Economics found no evidence that a school that is turned into an academy improves its exam results more than any other in its neighbourhood.

This article appeared on U.TV on 16th June 2009. Link to article

Related publications
‘Academy schools and pupil performance’ by Stephen Machin and Joan Wilson in CentrePiece Vol 14 Issue 1 Spring 2009 published June 4 2009.

Related links
Stephen Machin webpage
Joan Wilson webpage
Education and Skills Programme webpage
Centre for the Economics of Education website


News Posted: 16/06/2009      [Back to the Top]

Guardian

Balls' warning to schools: two years to improve

Ball’s warning to schools: two years to improve. Comprehensives with worst exam results must turn themselves around by 2011 or be forced to close, merge with other schools or become academies. Opinion is divided over whether turning under-performing schools into academies improves results. A study by the centre for economic performance at the London School of Economics found no evidence that a school that is turned into an academy improves its exam results more than any other in its neighbourhood.

This article appeared in the Guardian on 16 June 2009. Link to article

Related publications
‘Academy schools and pupil performance’ by Stephen Machin and Joan Wilson in CentrePiece Vol 14 Issue 1 Spring 2009 published June 4 2009.

Related links
Stephen Machin webpage
Joan Wilson webpage: webpage
Education and Skills Programme webpage
Centre for the Economics of Education website


News Posted: 16/06/2009      [Back to the Top]

Your Dover

Private school old boys 'earning 30 per cent more'

The research by the University of Kent and the London School of Economics found that the higher grades achieved at independent schools were a crucial factor on high earnings.

This article appeared in Your Dover on June 15, 2009
Link to article

Related Publications
What have private schools done for (some of) us? by Francis Green, Stephen Machin, Richard Murphy and Yu Zhu in Significance Magazine Volume 6, Issue 2 published by the Royal Statistical Society, June 2009, pp 63-67.


Related Links
Richard Murphy webpage
Francis Green webpage
Stephen Machin webpage
Yu Zhu webpage
Education and Skills Programme webpage
Centre for the Economics of Education (CEE) webpage

News Posted: 15/06/2009      [Back to the Top]

New York Magazine - USA

Apocalypse later: Obama diplomacy fixes Krugman problem

Krugman himself sparked a rally in the stock market — according to Bloomberg, anyway — when he told an audience at the London School of Economics that that "I would not be surprised if the official end of the U.S. recession ends up being, in retrospect, dated sometime this summer."

This article appeared in New York Magazine on 15 June 2009. Link to article

Related Links
The Lionel Robbins lectures held on Monday 8th June, Tuesday 9th June and Wednesday 10th June covered the causes of the global economic crisis; the deeply vexed question of how and when the world economy can recover; and the implications of the whole mess for economics and economists. For details of the lectures and access to the podcasts go to Lionel Robbins Lectures.


News Posted: 15/06/2009      [Back to the Top]

Your Dover

Private school old boys 'earning 30 per cent more'

The research by the University of Kent and the London School of Economics found that the higher grades achieved at independent schools were a crucial factor on high earnings.

This article appeared on YourDover.co.uk Link to article

‘What have private schools done for (some of) us?’ in Significance Magazine Volume 6, Issue 2 published by the Royal Statistical Society, June 2009, pp 63-67 Authors: Francis Green, Stephen Machin, Richard Murphy and Yu Zhu Download article

Related Links
Richard Murphy webpage
Francis Green webpage
Stephen Machin webpage
Yu Zhu webpage
Education and Skills Programme webpage
Centre for the Economics of Education (CEE) webpage


News Posted: 15/06/2009      [Back to the Top]

BBC1

Breakfast

Linda Yueh was interviewed on the prospects of economic recovery in Britain.

This interview was broadcast on BBC One Breakfast on 15 June 2009. (No link avaliable)

Related Links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 15/06/2009      [Back to the Top]

Yourthanet - England, UK

Old boys earning 30 per cent more

The research by the University of Kent and the London School of Economics found that the higher grades achieved at independent schools were a crucial factor ...

This article appeared on Yourthanet.co.uk on 15th June 2009. Link to article.

Related publications
‘What have private schools done for (some of) us?’ in Significance Magazine Volume 6, Issue 2 published by the Royal Statistical Society, June 2009, pp 63-67 Authors: Francis Green, Stephen Machin, Richard Murphy and Yu Zhu Download article

Related links
Richard Murphy webpage
Francis Green webpage
Stephen Machin webpage
Yu Zhu webpage
Education and Skills Programme webpage
Centre for the Economics of Education (CEE) webpage


News Posted: 15/06/2009      [Back to the Top]

Financial Times

Special needs programmes 'are not working'

A study from the LSE's centre for economic performance finds that "remediation programmes are not working for a significant proportion of children known as 'Sen'".

This article appeared in the Financial Times on 15th June 2009. Link to article

Related publications
In brief article: ‘Every child matters? The impact of ‘special educational needs’ programmes’ by Sandra McNally in CentrePiece Volume 14, Issue 1 spring 2009.

Related links
Sandra McNally webpage
Eric Maurin webpage
Education and Skills Programme webpage
Centre for the Economics of Education webpage


News Posted: 15/06/2009      [Back to the Top]

Kent News

Private school old boys 'earning 30 per more'



News Posted: 14/06/2009      [Back to the Top]

Market Oracle

Stocks and Commodities Rally In the Direction of Economic Recovery Whilst Bonds Retreat

“Words from the Wise” this week comes to you in a shortened format as “day-job” responsibilities precludes me from doing a comprehensive commentary. However, a full dose of excerpts from interesting news items and quotes from market commentators is provided.” Nobel Prize-winning economist Paul Krugman commented that the US economy would probably emerge from the recession by September. “I would not be surprised if the official end of the US recession ends up being, in retrospect, dated sometime this summer. Things seem to be getting worse more slowly. There’s some reason to think that we’re stabilizing,” Krugman said at the London School of Economics (via Bloomberg).

This article appeared on Market Oracle on 14th June 2009. Link to article

Paul Krugman: The Return of Depression Economics.
For details of the lectures and access to the podcasts go to Lionel Robbins Lectures 2009

News Posted: 14/06/2009      [Back to the Top]

The Guardian

So can we all stop panicking now? Maybe yes, maybe no. Go figure

The panic appears to be over. Now is the time to get worried. The good news last week was that, after a long decline (by some 12% in the previous 12 months), industrial output in the UK rose by 0.3% between March and April. It was refreshing last week to hear the wonderful Professor Paul Krugman deliver this year's Lionel Robbins Memorial Lectures at the London School of Economics. I wish some of the more Neanderthal businessmen and City figures could have been there. You know the ones I mean: they complain about recession, yet also complain about the fiscal expansion needed to help us out of recession.

This article appeared in the Guardian on 14th June 2009. Link to article

Paul Krugman: The Return of Depression Economics.
For details of the lectures and access to the podcasts go to Lionel Robbins Lectures 2009

News Posted: 14/06/2009      [Back to the Top]

Asia Pacific +1

U.S.: Crisis Must Reshape Economists' Thinking, Krugman Says

It is too optimistic to say the United States is headed for a Japan-style recession, according to Nobel laureate Paul Krugman. Delivering a series of lectures at the London School of Economics Tuesday through Thursday, Krugman tried to explain the myopia of economists in predicting the crisis, the inability of knowing when it will end, and why conventional economics will need to change drastically as a field in order to remain relevant.

This article appeared on IPSNnews.net. Link to article

Paul Krugman: The Return of Depression Economics.
For details of the lectures and access to the podcasts go to Lionel Robbins Lectures 2009

News Posted: 13/06/2009      [Back to the Top]

Bloomberg

European Stocks Rise for a Fourth Week; Inditex, Swedbank Gain

European stocks advanced for a fourth straight week as reports on Chinese investment and U.S. retail sales added to evidence the worst of the first global recession since World War II may be over. Nobel Prize-winning economist Paul Krugman in a speech to the London School of Economics predicted the American recession will end by September.

This article appeared on Bloomberg on 12 June 2009. Link to article

Paul Krugman: The Return of Depression Economics The Lionel Robbins lectures held on Monday 8th June, Tuesday 9th June and Wednesday 10th June covered the causes of the global economic crisis; the deeply vexed question of how and when the world economy can recover; and the implications of the whole mess for economics and economists. For details of the lectures and access to the podcasts go to Lionel Robbins Lectures 2009.

News Posted: 12/06/2009      [Back to the Top]

BBC Radio 5 - 'Wake Up to Money'

Linda Yueh

Linda Yueh interviewed to discuss the effect of negative equity on the current economic state.

This interview was broadcast on 12 June 2009. (No link avaliable).

Related Links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 12/06/2009      [Back to the Top]

BBC News

Private school pupils ‘earn more'

Research by Kent University and the London School of Economics, published in the journal Significance, suggests that the gap between earnings of state and private pupils has widened in the past 50 years.

This article appeared on BBC News on 11 June 2009. Link to article
Related publications
‘What have private schools done for (some of) us?’ in Significance Magazine Volume 6, Issue 2 published by the Royal Statistical Society, June 2009, pp 63-67 Authors: Francis Green, Stephen Machin, Richard Murphy and Yu Zhu Link to article

Related links Richard Murphy webpage
Francis Green webpage
Stephen Machin webpage
Yu Zhu webpage
Education and Skills Programme webpage
Centre for the Economics of Education (CEE) webpage


News Posted: 11/06/2009      [Back to the Top]

BBC Radio Kent - Drivetime

Richard Murphy

Richard Murphy interviewed on research into earnings of privately-educated pupils.

This interview was broadcast on BBC Radio Kent on 11th June 2009. (No link avaliable).

Related publications
‘What have private schools done for (some of) us?’ in Significance Magazine Volume 6, Issue 2 published by the Royal Statistical Society, June 2009, pp 63-67 Authors: Francis Green, Stephen Machin, Richard Murphy and Yu Zhu Download article

Richard Murphy webpage
Francis Green webpage
Stephen Machin webpage
Yu Zhu webpage
Education and Skills Programme webpage
Centre for the Economics of Education (CEE) webpage


News Posted: 11/06/2009      [Back to the Top]

manager-magazine.de – Germany

'Amerika wird eher wie Europa'

Richard Freeman interviewed.

This article appeared on manager-magazine.de on 11th June 2009. Link to article

Related Links
Richard Freeman webpage
Labour Markets Programme webpage


News Posted: 11/06/2009      [Back to the Top]

Andhra News -Washington

Pupils who attend private schools earn 30pct more than state school peers in later life

A new study suggests that pupils who attend private schools earn an average of 30 per cent more than those who attend state schools in later life. Co-author Richard Murphy , from the London School of Economics, said: "This difference in earnings was especially pronounced when we looked at the top end of the salary scale. Even after adjustments for qualifications gained and family background, those in the top 10 per cent of earners who had attended independent schools earned on average 20 per cent more than state school pupils in the same salary band. Whether these benefits come through 'old boy networks', or through unmeasured broad competences that are obtained through private schooling, we cannot say."

This article appeared on AndhraNews.net on 11th June 2009. Link to article.

Related Publications
‘What have private schools done for (some of) us?’ in Significance Magazine Volume 6, Issue 2 published by the Royal Statistical Society, June 2009, pp 63-67 Authors: Francis Green, Stephen Machin, Richard Murphy and Yu Zhu Link to article.

Related Links
Richard Murphy webpage
Francis Green webpage
Stephen Machin webpage
Yu Zhu webpage
Education and Skills Programme webpage
Centre for the Economics of Education (CEE) webpage


News Posted: 11/06/2009      [Back to the Top]

BBC online

Private school pupils 'earn more'

People who have been to private school earn 30% more than those who went to state schools, research suggests. Research by Kent University and the London School of Economics confirms this but says higher grades achieved at private schools are the crucial factor. Researcher Richard Murphy, from the London School of Economics.

This article appeared on BBC Online on 11th June 2009. Link to aricle.

Reltated publications
‘What have private schools done for (some of) us?’ in Significance Magazine Volume 6, Issue 2 published by the Royal Statistical Society, June 2009, pp 63-67 Authors: Francis Green, Stephen Machin, Richard Murphy and Yu Zhu Download article

Related Links
Richard Murphy webpage
Francis Green webpage
Stephen Machin webpage
Yu Zhu webpage
Education and Skills Programme webpage
Centre for the Economics of Education (CEE) webpage


News Posted: 11/06/2009      [Back to the Top]

Red Orbit

Private School Pupils Earn 30 Percent More In Later Life

"This difference in earnings was especially pronounced when we looked at the top end of the salary scale," said co-author Richard Murphy, from the London School of Economics. "Even after adjustments for qualifications gained and family background, those in the top 10% of earners who had attended independent schools earned on average 20% more than state school pupils in the same salary band.

This article appeared on Red Orbit on 11th June 2009. Link to article

Related publications
‘What have private schools done for (some of) us?’ in Significance Magazine Volume 6, Issue 2 published by the Royal Statistical Society, June 2009, pp 63-67 Authors: Francis Green, Stephen Machin, Richard Murphy and Yu Zhu Download article

Related links
Richard Murphy webpage
Francis Green webpage
Stephen Machin webpage
Yu Zhu webpage
Education and Skills Programme webpage
Centre for the Economics of Education (CEE) webpage


News Posted: 11/06/2009      [Back to the Top]

The Economist

Dismal science

Paul Krugman returned to the LSE on June 8th to give the annual Lionel Robbins memorial lectures. Mr Krugman tried to answer two big questions. Why did economists not foresee calamity? And how will the world economy climb out of recession?

This article appeared in the Economist on 11th June 2009. Link to article.

Paul Krugman: The Return of Depression Economics.
For details of the lectures and access to the podcasts go to Lionel Robbins Lectures 2009

News Posted: 11/06/2009      [Back to the Top]

Bloomberg

Nobel Laureate Krugman Says Recession May End ‘This Summer'

The U.S. economy probably will emerge from the recession by September, Nobel Prize-winning economist Paul Krugman said. “I would not be surprised if the official end of the U.S. recession ends up being, in retrospect, dated sometime this summer,” he said in a lecture today at the London School of Economics.

This artticle appareared on Bloomberg on 8th June 2009. Link to article.

Paul Krugman: The Return of Depression Economics.
For details of the lectures and access to the podcasts go to Lionel Robbins Lectures 2009

News Posted: 08/06/2009      [Back to the Top]

Bloomberg

U.S. Stocks Erase Losses After Krugman Predicts Recession's End

U.S. stocks rose, erasing the Dow Jones Industrial Average’s decline for 2009, after Nobel Prize- winning economist Paul Krugman said the economy will probably emerge from recession... The S&P 500 rose 0.1 percent to 941.44 at 3:52 p.m. in New York, reversing an earlier slump of as much as 1.4 percent earlier following Krugman’s lecture at the London School of Economics

This article appeared on Bloomberg on 8 June 2009. Link to article

The Lionel Robbins lectures held on Monday 8th June, Tuesday 9th June and Wednesday 10th June covered the causes of the global economic crisis; the deeply vexed question of how and when the world economy can recover; and the implications of the whole mess for economics and economists. For details of the lectures and access to the podcasts go to Lionel Robbins Lectures .

News Posted: 08/06/2009      [Back to the Top]

The Street-Stocks

Stocks Seesaw to Flat Close

Stocks in New York closed near the flat line on Monday after an up-and-down session as the Supreme Court put the brakes on the sale of Chrysler to Fiat and Nobel-prize winning economist Paul Krugman predicted the recession’s end is near. "I would not be surprised if the official end of the U.S. recession ends up being, in retrospect, dated sometime this summer," Krugman said in a lecture at the London School of Economics.

This article appeared on the Street.com on 8th June 2009. Link to aricle

Paul Krugman: The Return of Depression Economics.
For details of the lectures and access to the podcasts go to Lionel Robbins Lectures 2009

News Posted: 08/06/2009      [Back to the Top]

MSN Money

Late Rally brings Market Back

Today's late-day rally was triggered in part by a comment from Nobel Prize-winning economist Paul Krugman that the U.S. economy may start to emerge from the recession in September, Bloomberg News reported. Krugman made the comment at a lecture at the London School of Economics.

This article appeared on MSN Money on 8th June 2009 Link to article

Paul Krugman: The Return of Depression Economics.
For details of the lectures and access to the podcasts go to Lionel Robbins Lectures 2009 .

News Posted: 08/06/2009      [Back to the Top]

Reuters

Wonk Watch

Paul Krugman may not have blogged anything today, but he was quite prolific over the weekend. Krugman's been sightseeing in London and making grand predictions suggesting an economic recovery by summer's end at a London School of Economics lecture.

This article appeared on Reuters on 8th June 2009. Link to article

Paul Krugman: The Return of Depression Economics.
For details of the lectures and access to the podcasts go to Lionel Robbins Lectures 2009

News Posted: 08/06/2009      [Back to the Top]

Children and Young People Now

City academies on a par with poorly performing schools

City academies are failing to outdo poorly performing schools in their areas, according to academics at the London School of Economics (LSE). The study, undertaken by Professor Stephen Machin and Joan Wilson of the LSE's Centre for Economic Performance, shows that while academies have boosted GCSE performance compared with the schools they replaced, other poorly performing schools in the same areas had recorded similar increases.

This article appeared in Children & Young People Now on June 6, 2009
Link to article

Related Publications
Academy Schools and Pupil Performance by Stephen Machin and Joan Wilson in CentrePiece Vol 14 Issue 1 Spring 2009 published June 2009

Related Links
Stephen Machin webpage
Joan Wilson webpage
Education and Skills Programme webpage
Centre for the Economics of Education webpage

News Posted: 06/06/2009      [Back to the Top]

Regen

Academy improvements 'no better' than nearby schools

Improvements in GCSE results at the Government's controversial academy schools are no more impressive than those at similar schools nearby that have not become academies, a study says. The report, published by the Centre for Economic Performance at the London School of Economics, says that GCSE results at poorly performing schools did improve after they changed their status.

This article appeared in Regen.net on June 5, 2009
Link to article (subscription necessary)

Related Publications
Academy Schools and Pupil Performance by Stephen Machin and Joan Wilson in CentrePiece Vol 14 Issue 1 Spring 2009 published June 2009

Related Links
Stephen Machin webpage
Joan Wilson webpage
Education and Skills Programme webpage
Centre for the Economics of Education webpage

News Posted: 05/06/2009      [Back to the Top]

The Evening Standard

Academies 'no better for GCSE results than comprehensives'

The exam results of academy schools are "statistically indistinguishable" from those of comprehensives, a new study from the London School of Economics study reveals.

This article appeared in The Evening Standard on June 4, 2009
Link to article

Related Publications
‘Academy schools and pupil performance’ by Stephen Machin and Joan Wilson in CentrePiece Vol 14 Issue 1 Spring 2009 published June 4 2009

Related Links
Stephen Machin webpage
Joan Wilson webpage
Education and Skills Programme webpage
Centre for the Economics of Education webpage

News Posted: 04/06/2009      [Back to the Top]

The Guardian

Academy and comprehensive exam results 'indistinguishable'

The exam results of academy schools are "statistically indistinguishable" from those of comprehensives, a new study from The London School of Economics study reveals.

This article appeared in the Guardian on June 4, 2009
Link to article

Related Publications
‘Academy schools and pupil performance’ by Stephen Machin and Joan Wilson in CentrePiece Vol 14 Issue 1 Spring 2009 published June 4 2009

Related Links
Stephen Machin webpage
Joan Wilson webpage
Education and Skills Programme webpage
Centre for the Economics of Education webpage

News Posted: 04/06/2009      [Back to the Top]

CentrePiece

Spring 2009 Issue Now Out: The Education Issue

Education is always a big issue in public debate. It becomes even more important at a time of crisis, when the economy is in recession, unemployment is rising rapidly and disadvantaged members of society are in danger of becoming even worse off and perhaps permanently 'scarred' by job loss or inability to join the labour market at all.

So how is the UK's education system doing? Over a number of years, researchers at the Centre for Economic Performance (CEP) have been assessing the effectiveness of the nation's educational policies in raising standards. A series of studies has evaluated efforts both to improve the quality of education overall and to tackle the 'long tail' of people without basic skills by giving better opportunities to low-achieving, 'hard-to-reach' children from poorer families.

This CentrePiece provides an overview of the most significant findings across a wide range of policies, including increased resources, the 'choice and competition' agenda and new structures such as academy schools. We also make comparisons with education systems in other countries, and take a look at teachers - both their career decisions and the impact of their expectations on pupil performance.

Key articles include:

Big ideas: education by Sandra McNally; Academy schools and pupil performance by Stephen Machin and Joan Wilson; Assessing pupils' abilities by Stephen Gibbons and Arnaud Chevalier; What works in primary schools? by Olmo Silva; and Going private by Richard Murphy.

To read ALL the articles please go the CentrePiece website at http://cep.lse.ac.uk/CentrePiece - OR -

To keep up to date with the very latest articles from the magazine subscribe to the new CentrePiece webfeed feed/rss



News Posted: 04/06/2009      [Back to the Top]

The Times

Me, me, me is past its sell-by date

All research, such as that conducted by Richard Layard in his wonderful book Happiness, shows that provided you have somewhere to live, enough food and enough money to enable you to enjoy the simpler things of life, then you are no less happy than the person who owns yachts and fast cars and villas in Mus-tique, because money really does not buy you happiness.

This article appeared in the Times on May 31, 2009
Link to article

Related Publications
Happiness: Lessons from a New Science by Richard Layard
Details

Related Links
Richard Layard webpage
Wellbeing Programme httpwebpage
Happiness Research webpage

News Posted: 31/05/2009      [Back to the Top]

Handelsblatt

Klimawandel: Die vergessene Katastrophe

DÜSSELDORF. Wenn Nick Bloom, Ökonomie-Professor im kalifornischen Stanford, über Klimawandel und Weltwirtschaftskrise redet, dann kann das schnell ein bisschen zynisch klingen. Oder ironisch. Dabei meint der Brite das gar nicht so.
“Einen großen Vorteil hat die Wirtschaftskrise”, sagt Bloom, die Rezession habe den Ausstoß von Treibhausgasen rapide gesenkt. “Da arbeiten Heerscharen von Forschern und Aktivisten jahrelang vergeblich daran, dass weniger Treibhausgas in die Atmosphäre geblasen wird”, wundert er sich. “Aber die Einzigen, denen das tatsächlich gelingt, sind die gierigen Wall-Street-Banker.”

This article appeared in Handelsblatt (Germany) on May 29, 2009
Link to article

Related Publications
'The Impact of Uncertainty Shocks: Firm Level Estimation and a 9/11 Simulation', Nick Bloom, Centre for Economic Performance Discussion Paper No.718, March 2006
Will the Credit Crunch Lead to Recession? by Nick Bloom, CentrePiece Volume 13, Issue 1, Spring 2008

Related links
Nick Bloom webpage
Productivity and Innovation Programme webpage

News Posted: 29/05/2009      [Back to the Top]

The Times

Pupils bounce back with 'happiness lessons'

An interim report by the Centre for Economic Performance (London School of Economics) on the US-pioneered scheme called 'Resilience', has found a significant positive impact on pupils' wellbeing as measured by depression and anxiety symptom scores.

This article appeared in The Times on May 29, 2009
Link to article

Related Publications
UK Resilience Programme Evaluation: Interim Report by Amy Challen, Stephen Machin, Philip Noden and Anne West presents the initial findings of the evaluation, which was commissioned by the Department for Children, Schools and Families and is being carried out by the authors, all researchers at the London School of Economics.
The research brief is available to Download
And more details are also available for Download

The UK Resiliency Programme is one of seven strands of work under the Local Well-being Project, an initiative launched in 2006 to test practical ways of improving both individual and community well-being and resilience in three very different areas of the UK – Hertfordshire, Manchester and South Tyneside. The project brings together the three local authorities with the Young Foundation, (www.youngfoundation.org); Professor Lord Richard Layard from the LSE’s Centre for Economic Performance (www.cep.lse.ac.uk), and the Improvement and Development Agency (www.idea.gov.uk).

Related Links
Amy Challen webpage
Stephen Machin webpage
Education and Skills Programme webpage

News Posted: 29/05/2009      [Back to the Top]

Financial Times

Labour to put faith in 'job guarantee'

Labour is considering putting a "job guarantee" for anyone unemployed for 18 months at the heart of its election manifesto, as ministers seek ways to offer hope to victims of the recession. The idea for the policy came in a Budget submission to ministers by Paul Gregg, of the Centre for Economic Performance and Bristol University, and Lord Layard, of the Centre for Economic Performance at the London School of Economics.

This article appeared in the Financial Times on May 28, 2009
Link to article

Related Links
Paul Gregg webpage
Richard Layard webpage
Labour Markets Programme webpage

News Posted: 28/05/2009      [Back to the Top]

Mail and Guardian (South Africa)

In the family way

Pravin Gordhan (Minister of Finance, South Africa) has set himself a more modest, but critical goal. He quotes the British economist, Richard Layard, who has tried to measure the "happiness" and "misery" quotient in economic policy. "The least you can do," says Gordhan, "is to make sure that the world is less miserable when you leave it."

This article appeared in the Mail & Guardian (South Africa) on May 27, 2009
Link to article

Related Publications
Happiness: Lessons from a New Science by Richard Layard, Penguin (2005).
Details

Related Links
Richard Layard webpage
Wellbeing Programme webpage

News Posted: 27/05/2009      [Back to the Top]

Guardian

The Radio 4 road show

It was back to caring first thing Sunday with Richard Layard, the 'happiness tsar'.

This article appeared in the Guardian on May 26, 2009
Link to article

Related Publications
A Good Childhood: Searching for Values in a Competitive Age (2009) by Richard Layard and Judy Dunn, Penguin
Details (scroll down)

Related Links
Richard Layard webpage
Wellbeing Programme webpage

News Posted: 26/05/2009      [Back to the Top]

BBC Radio 4

Broadcasting House

Linda Yueh was interviewed on UK's rating in the international arena in the aftermath of possible downgrade of its sovereign debt due to high deficits.

This interview was broadcast on BBC Radio 4 - 'Broadcasting House' on May 24, 2009
Link to broadcast

Related Links
Linda Yueh webpage
Globalisation Programme webpage

News Posted: 24/05/2009      [Back to the Top]

The Guardian

£64.30 a week. That's Dave's reward for 20 years of work

Jenni Russell Column:

Losing your job is bad enough. But in the British system people with long work records are in for a particularly nasty shock.

Dave had never been unemployed. When made redundant, with just three weeks' redundancy pay, he assumed that the national insurance he had been paying all his life would provide a financial cushion until he could find work. Instead he's been staggered to find that, because his wife is earning at a low level, all he's entitled to is £64.30 a week.

The British welfare state will wrap you fully in its embrace if you have savings of less than 6,000 pounds, and neither partner is in work

That ruthlessness looks unacceptable when jobs are plentiful. It looks much worse when people are desperate to work. There's no point in being hit with a stick when there are no carrots to eat. The economist Jonathan Wadsworth points out that our harsh approach isn't much of an advantage now. Britain's unemployment is now over 7%, while Germany's is still at 8 per cent.

This article was published in The Guardian on May 20, 2009
Link to article

Related Links
Professor Jonathan Wadsworth's webpage
Labour Markets webpage

News Posted: 20/05/2009      [Back to the Top]

BBC World News

Asia Today

Linda Yueh was interviewed on the EU-China summit.

This interview was broadcast on the BBC World News - Asia Today on May 20, 2009
[No link available.]

Related Links
Linda Yueh webpage
Globalisation Programme webpage

News Posted: 20/05/2009      [Back to the Top]

RBC Daily - Russia

China reluctant to make further purchase of cheap dollars

Linda Yueh was interviewed for an article on China diversifying its reserves.

This article appeared in the RBC Daily (Russia) on May 19,2009
Link to article

Related Links
Linda Yueh webpage
Globalisation Programme webpage

News Posted: 19/05/2009      [Back to the Top]

Guardian

China goes global

Linda Yueh contributed an article on China's "going global" policy as part of the Guardian newspaper's 'China at the crossroads' series.

Her article appeared in the Guardian on May 18, 2009
Link to article

Related Links
Linda Yueh webpage
Globalisation Programme webpage

News Posted: 18/05/2009      [Back to the Top]

southtyneside.info

Wellbeing programme making positive impact

A ground breaking programme aimed at helping children in South Tyneside to cope with whatever life throws at them is reaping encouraging results, according to a new survey.
Now, a report commissioned by the national Department for Children, Schools and Families (DCSF) has revealed that depression and anxiety levels went down in pupils taking part in the programme.
The DCSF report was drawn up after a comprehensive survey carried out by the London School of Economics, which collected information on pupils' emotional wellbeing through questionnaires they completed before and after the programme. The results were compared with those of control groups.

This article appeared online on southtyneside.info on May 18, 2009
Link to article

Related Publications
UK Resilience Programme Evaluation: Interim Report by Amy Challen, Stephen Machin, Philip Noden and Anne West presents the initial findings of the evaluation, which was commissioned by the Department for Children, Schools and Families and is being carried out by the authors, all researchers at the London School of Economics.
The research brief is available to Download
And more details are also available for Download

The UK Resiliency Programme is one of seven strands of work under the Local Well-being Project, an initiative launched in 2006 to test practical ways of improving both individual and community well-being and resilience in three very different areas of the UK – Hertfordshire, Manchester and South Tyneside. The project brings together the three local authorities with the Young Foundation, (www.youngfoundation.org); Professor Lord Richard Layard from the LSE’s Centre for Economic Performance (www.cep.lse.ac.uk), and the Improvement and Development Agency (www.idea.gov.uk).

Related Links
Amy Challen webpage
Stephen Machin webpage
Wellbeing Programme webpage
Education and Skills Programme webpage

News Posted: 18/05/2009      [Back to the Top]

FinFacts - Ireland

Capitalism entering a new era of lower risk tolerance, higher regulation and slower growth

In a new report, Risk and regulation: A new era for capitalism, sponsored by Dubai Holding, the Economist Intelligence Unit finds that almost 60% of 418 global senior executives surveyed agree that the current crisis has “fundamentally changed” capitalism. Richard Layard (Wellbeing Programme, Centre for Economic Performance) quoted:
“We do not want communism… the communist countries were the least happy in the world and also inefficient. But we do need a more humane brand of capitalism, based not only on better regulation but better values.”- Richard Layard, founder, London School of Economics, The Centre for Economic Performance

This article appeared in FinFacts - Ireland on May 18, 2009
Link to article

Related Publications
'The Marginal Utility of Income', Richard Layard, Guy Mayraz and Stephen Nickell, Centre for Economic Performance Discussion Paper No.784, March 2007
Tackling Unemployment: Europe's Successes and Failures, Richard Jackman, Richard Layard and Stephen Nickell, CentrePiece Vol.10, Issue 1, Spring 2005
CEP Special Report Investment Prospects In Russia by Richard Layard and George Lucas, February 1997
Abstract

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Labour Markets Programme webpage

News Posted: 18/05/2009      [Back to the Top]

Voice of America (Mandarin Service)

Business scene

Linda Yueh gave an interview on China's falling foreign direct investment.

This interview was broadcast on Voice of America (Mandarin Service) - Business Scene on May 15, 2009
[No link available]

Related Links
Linda Yueh webpage
Globalisation Programme webpage

News Posted: 15/05/2009      [Back to the Top]

Radio 4

The Today Programme

Despite some optimistic talk of signs of economic recovery - optimism not shared by the Bank of England in its latest assessment of things - unemployment is continuing to rise. Lord Richard Layard, director of the Wellbeing programme at the Centre for Economic Performance, discusses if there is a dramatic deterioration in job prospects for young people.

Related Links
Richard Layard's Webpage

Richard Layard's interview on the Today Programme



News Posted: 14/05/2009      [Back to the Top]

Financial Times

Leave them kids alone

A Good Childhood by London School of Economics professor Lord Richard Layard, the British government's "happiness tsar", and co-authored by King's College psychiatry professor Judy Dunn is based on a 2009 report commissioned by The Children's Society charity; its subtitle frames the book's agenda: "searching for values in a competitive age".

This article appeared in the Financial Times on May 9, 2009
Link to article

Related Publications
A Good Childhood: Searching for Values in a Competitive Age (2009), Richard Layard and Judy Dunn, Penguin
Details

Related Links
Richard Layard webpage
Wellbeing Programme webpage

News Posted: 09/05/2009      [Back to the Top]

CNN.com

Commentary: Is stock rally for real

Simon Johnson, is a professor at MIT Sloan School of Management and former International Monetary Fund chief economist. Peter Boone is a research associate of the Centre for Economic Performance and chairman of Effective Intervention, a UK-based charity.

In their commentary they say we have zombie banks and zombie companies.
Stocks are rallying as if the economy is out of the woods. However, that is premature, and we could be in for a long period of stagnation.

This article appeared in CNN.com (USA) on May 8, 2009
Link to article

Related Links
Peter Boone webpage
Effective Intervention Programme wepage

News Posted: 08/05/2009      [Back to the Top]

de Volkskrant

Groei is een dubieuze maatstaf

De Britse econoom Richard Layard is de belangrijkste denker op dit gebied. Hij vindt dat geluk een beleidsdoel zou moeten worden, en dat de vergroting van het landelijke geluk net zo grondig zou moeten worden gemeten als de groei van het bnp.

This article appeared in de Volkskrant (Amsterdam) on May 8, 2009
Link to article

Related Links
Richard Layard webpage
Wellbeing Programme webpage

News Posted: 08/05/2009      [Back to the Top]

Klikk.no - Norway

Nordmenn er lykkelige fritidselskere

Hellevik referer i denne sammenheng til briten Richard Layard. Han tilhører det som er blitt kjent som lykkeøkonomer.

This article appeared in Klikk.no (Norway) on May 7, 2009
Link to article

Related Links
Richard Layard webpage
Wellbeing Programme webpage

News Posted: 07/05/2009      [Back to the Top]

Mercado

Por un capitalismo que sea menos egoísta

Un catedrático inglés, Sir Richard Layard, publicó recientemente en el Financial Times una columna que no pasó desapercibida. En ella pidió abandonar la adoración del dinero y crear una sociedad más humana.

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Labour Markets Programme webpage



News Posted: 05/05/2009      [Back to the Top]

BBC News

Call to increase child therapists

Children's mental health services need an extra 1,000 therapists to help them cope with demand, an influential government adviser has warned.
Lord Layard, whose advice prompted a recent £173m investment in adult therapists, said training of child specialists should start in 2010.

This article appeared in the BBC News Online on May 4, 2009
Link to article

Related Publications
Mental Health Policy Group publications webpage

Related Links
Richard Layard webpage
Mental Health Policy Group webpage
Wellbeing Programme webpage

News Posted: 04/05/2009      [Back to the Top]

The Times

Skilled migrant jobs to be cut by a third

The number of skilled jobs open to immigrants from outside the EU should be cut by 270,000 because of the recession and rising unemployment, the Government's official advisers recommended yesterday. David Metcalf, Professor of Industrial Relations at the London School of Economics and chairman of the Migration Advisory Committee, said that a planned partial review of the shortage list had been more extensive "because we had to respond to the troubled times and economic turmoil in the labour market".

This article was published in The Times on 30 April 2009.

Related Links
David Metcalf's Webpage



News Posted: 30/04/2009      [Back to the Top]

The Daily Mail

Crumbling: Motorists have to dodge a pothole every 120 yards and the backlog of repairs will take 13 years to clear

Nine out 10 motorists are frustrated by the condition of their local roads, and only 5 per cent believe their taxes are being used appropriately, reveals a new RAC poll. Dr Tim Leunig from the London School of Economics said: "When motorists are paying more than £1,000 a year in specific motoring taxes, they have the right to expect roads to be properly maintained. RAC members are in line with expert opinion in preferring that motoring taxes are spent on small local schemes rather than grandiose visions that all too often fail to deliver the promised benefits."

This article appeared in the Daily Mail on the 30th April 2009. Link to article.

See also
The Daily Express 90 Per Cent Of Drivers Hate Britain's Roads

Related Links
Tim Leunig's Webpage



News Posted: 30/04/2009      [Back to the Top]

Prospect Magazine - blog

Arsenal and Liverpool - panicking like Olympic weightlifters

In last night’s match between Arsenal and Liverpool, ultimately its defining characteristic was rubbish defending. Manchester United are going to win the league not because they are the best attackers -they palpably are not - but because they make fewer mistakes at the back.
Why so many mistakes? The result reminded me of a fascinating recent paper from the LSE’s Centre for Economic Performance, concerning the economics of tournament theory - and Olympic wrestlers. Economists Christos Genakos and Mario Pagliero, in their paper “Risk Taking and Performance in Tournaments: Evidence from Weightlifting Competitions”, looked at the performance of professional weightlifters in competitions, including the Olympics, for the last twenty years, to see if they took more risks if they thought they’d win, and in turn choked under pressure.

This article appeared in Prospect Magazine blog on April 22, 2009
Link to article.

Related Publications
‘Risk Taking and Performance in Tournaments: Evidence from Weightlifting Competitions’, Christos Genakos and Mario Pagliero, Centre for Economic Performance Discussion Paper No.928, May 2009
Weightlifting competitions: lessons for performance management, Christos Genakos and Mario Pagliero, in CentrePiece 13_3, Winter/Spring 2009

Related Links
Christos Genakos webpage
Productivity and Innovation Programme webpage

News Posted: 22/04/2009      [Back to the Top]

Bristol University News

Professor Paul Gregg comments on Budget 2009

Professor Paul Gregg from the Bristol University's Centre for Market and Public Organisation was interviewed on BBC Radio Bristol's Breakfast Show 22 April about his predictions for the Budget. He will also provide analysis on the show tomorrow shortly before 7am.

Paul Gregg's interviews tool place on BBC Radio Bristol's Breakfast Show on 22 and 23 April 2009.



News Posted: 22/04/2009      [Back to the Top]

The Daily Star (Bangladesh)

Britain set for crunch recession budget

Britain will unveil a recession-fighting budget this week, seen as vital for Prime Minister Gordon Brown as he struggles to boost his flagging fortunes ahead of a likely election next year. "It's an important budget, and the one by which the government will be judged by in the next general election -- including how it manages this recession," said Oxford University economics professor Linda Yueh.

This article appeared in the Daily Star (Bangladesh) on April 19, 2009
Link to article

Related Links
Linda Yueh webpage
Globalisation Programme webpage

News Posted: 19/04/2009      [Back to the Top]

Independent on Sunday

GPs 'are failing depressed patients'

Report on how the NHS is failing patients suffering from depression notes that "Fourteen per cent of adults in the UK suffer from depression and/or anxiety at any one time, costing the economy an estimated £12bn every year, according to the LSE."

This article appeared in the Independent on Sunday on April 19, 2009
Link to article

Related Publications
The Depression Report: A New Deal for Depression and Anxiety Disorders by Richard Layard. Download report


Related Links
Richard Layard webpage
Wellbeing Programme webpage

News Posted: 19/04/2009      [Back to the Top]

Guardian

Faith schools 'failing to improve standards'

Research by the LSE and the Institute of Education has found that faith schools fail to improve standards and create "social sorting" of children along lines of class, ability and religion, researchers. The research suggests that government policies to promote a market in education - by promising parents a choice of school in the belief that the competition for children will improve standards - only create a more socially fragmented system.

This article appeared in the Guardian on April 18, 2009
Link to article

Related Publications
‘Faith Primary Schools: Better Schools or Better Pupils?’, by Steve Gibbons and Olmo Silva, Centre for the Economics of Education (CEE) Discussion Paper No.72, November 2006.
In brief: Faith Primary Schools: Better Schools or Better Pupils? by Steve Gibbons and Olmo Silva in CentrePiece Volume 12 Issue 1 Summer 2007

Related Links
Steve Gibbons webpage
Olmo Silva webpage
Education and Skills Programme webpage

News Posted: 18/04/2009      [Back to the Top]

The Economist

Change and continuity among minority communities in Britain

Alan Manning and Andreas Georgiadis of the London School of Economics crunched data to show that British-born Pakistanis, or those who immigrated as children, are more likely to have foreign spouses than those who came to Britain as adults.

This article appeared in the Economist on April 16, 2009
Link to article

Related Publications
'Change and Continuity Among Minority Communities in Britain', Andreas Georgiadis and Alan Manning, Centre for Economic Performance Discussion Paper No. 903, January 2009

Related Links
Andreas Georgiadis webpage
Alan Manning webpage
Labour Markets Programme webpage

News Posted: 16/04/2009      [Back to the Top]

The Independent

Do economists know any more than us?

A clue to how economists might change comes from Richard Layard, who has tried to reconfigure economics by marrying statistics to the utilitarian, pleasure-based philosophy of Jeremy Bentham. Layard thinks that social sciences can be made to deliver happiness. Criticising the number of economists who "don't do useful things," he tells me that each one should also be "a bit of something else."

This article was published in The Independent on 11 April 2009

Related Links
Richard Layard's webpage

Related Publications
Happiness : Lessons from a new science, Penguin, February 2005.



News Posted: 11/04/2009      [Back to the Top]

Guardian

Confidently predicting darker days

That most Britons believe the economy will get worse suggests they misguidedly think things aren't so bad right now, writes Tom Cunningham from the Centre for Economic Performance.

This article appeared in the Guardian on April 8, 2009
Link to article

Related Links
Tom Cunningham webpage
Macro Programme webpage

News Posted: 08/04/2009      [Back to the Top]

Voice of America

G20 leaders get to work trying to find common ground

A strong commitment to working together will be crucial, says economist Gianluca Benigno of the London School of Economics - crucial for public perception and for jittery markets.

This article appeared in the Voice of America on April 2, 2009
Link to article

Related Links
Gianluca Benigno webpage
Globalisation Programme webpage

News Posted: 02/04/2009      [Back to the Top]

Times

Management briefing: Innovation

Yet the opposite is true, according to a report from the Centre for Economic Performance at the London School of Economics (LSE) that finds "that the presence of investors boosts innovation by decreasing the risks faced by chief executives who promote new ideas. Often if things go wrong for reasons beyond their control, the board think that they are bad managers and may fire them, the authors write."

This article appeared in the Times on the 31st March 2009. Link to article.

Related Publications
‘Innovation and Institutional Ownership’ by Philippe Aghion, John Van Reenen and Luigi Zingales, Centre for Economic Performance Discussion Paper No.911 February 2009

Related Links
John Van Reenen webpage
Productivity and Innovation Programme webpage


News Posted: 31/03/2009      [Back to the Top]

The Huffington Post

Nonsense pronouncements about budget deficits

As the economist Richard Layard has written, for example, "in a poor society a man proves to his wife that he loves her by giving her a rose, but in a rich society he must give a dozen roses."

This article appeared in The Huffington Post on the 30th March 2009.
Link to article.

Related Links
Richard Layard webpage
Wellbeing Programme webpage


News Posted: 30/03/2009      [Back to the Top]

Republica (Italy)

Uomini e senza laurea dirigenti made in Italy

Press coverage of the management survey in an Italian newspaper.

This article appeared in Republica on the 27th March 2009. Link to article.

Related Links
Nick Bloom webpage
Raffaella Sadun webpage
John Van Reenen webpage
Productivity and Innovation Programme webpage


News Posted: 27/03/2009      [Back to the Top]

Financial Times

Wanted: an impresario of industrial theatre

"As Tim Leunig of the London School of Economics points out, in [Matthew] Boulton's wake nostalgic conservatives railed against the switch from agriculture into manufacturing."

This article appeared in the Financial Times on the 26th March 2009.
Link to article.

Reltaed Links
Tim Leunig webpage
Globalisation Programme webpage


News Posted: 26/03/2009      [Back to the Top]

BBC World Service

World Business News

Linda Yueh interviewed on March 25th to discuss the state of the Japanese and global economy.

This interview was broadcast on the 25th March link.

Also in:
BBC Radio 5 – ‘Up all Night’
Linda Yueh interviewed, speaking on China’s proposal for the IMF’s SDRs to become the global reserve currency in lieu of the US dollar.

ABC (Australian Broadcasting Corporation) – ‘NewsHour’
Linda Yueh interviewed for programme to comment on the ongoing financial crisis.

Related Links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 25/03/2009      [Back to the Top]

BBC News (Business)

RPI falls to 0% in 'big surprise'

Linda Yueh interviewed, speaking on UK inflation

This interview appeared on BBC News on the 24th March 2009.
Link to video.

Also on
BBC Radio 5 Wake Up to Money
BBC Radio 4 the Today programme
BBC News Channel (8 & 9 am editions)
BBC Radio 5 Victoria Derbyshire programme
BBC Radio Scotland "Scotland at Ten"

Related Links
Linda Yueh webpage: webpage
Globalisation Programme webpage


News Posted: 24/03/2009      [Back to the Top]

The Guardian

It's time to give up our blind faith in economic growth

"This focus on growth fails to take account of what the social and psychological evidence tells us," says the economist Richard Layard.

This article appeared in the Guardian on the 22nd March. Link to article

Related Publications
Happiness: Lessons from a New Science by Richard Layard. Details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Happiness research webpage


News Posted: 22/03/2009      [Back to the Top]

Financial Times (Top 1000 Schools)

Which school is 'best'?

Professor Francis Green, of the University of Kent, in collaboration with colleagues at the London School of Economics, where he is a visiting professor, sought to discover whether independent schools really conferred lifelong economic benefits to more than a select group of pupils. Their conclusion was unequivocal.

This article appeared in the Financial Times on the 21st March 2009.
[No link avaliable]

Related publications
‘The Changing Economic Returns to Private Education’ by Francis Green, Stephen Machin, Richard Murphy and Yu Zhu. Paper forthcoming.
An early version of this paper debated at the Nuffield Foundation on 11/1/08, and an abstract are currently available.

Related links Francis Green webpage
Education and Skills Programme webpage
Centre for the Economics of Education webpage

News Posted: 21/03/2009      [Back to the Top]

BBC News Channel

BBC News

Linda Yueh interviewed, to discuss the NAO report on the government's handling of Northern Rock and lessons from the management of the financial crisis.

This interview was broadcast on BBC news channel the 20th March 2009.
[No link avaliable]

Related Links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 20/03/2009      [Back to the Top]

Gulf News

Now is the time to engage in less selfish capitalism

Article written by Richard Layard asking What is progress? The Organisation for Economic Cooperation and Development has been asking this question for some time and the current crisis makes it imperative to find an answer.
Lord Layard is at the London School of Economics Centre for Economic Performance. He has written Happiness (2005) and co-authored A Good Childhood (2009)

This article appeared in the Gulf News on March 19, 2009
Link to article

Related Publications
Happiness: Lessons from a New Science by Richard Layard. Published by Penguin, 2005 Details
A Good Childhood by Richard Layard and Judy Dunn. Published by Penguin, 2009 Details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Happiness Research webpage

News Posted: 19/03/2009      [Back to the Top]

The Washington Post

U.K. finance watchdog urges changes

Prescriptions Include New, European-Wide Banking Regulator Michael McMahon, said the report [Financial Services Authority Report by Adair Turner] was "not as reactionary as some people in the market feared. . . . It doesn't take the view that we can control bankers with an iron fist, and that's a positive move."

This article appeared in The Washington Post on the 19th March 2009.
Link to article.

Related Links
Michael McMahon webpage
Macro Programme webpage


News Posted: 19/03/2009      [Back to the Top]

BBC News

Unemployment up 1,500 in county


Linda Yueh quoted in bulletin, broadcast on BBC News on the 18th March 2009 link

Related Links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 18/03/2009      [Back to the Top]

EurekAlert (press release) - Washington,DC,USA

Global poverty is still a priority

"How will the global financial crisis impact the extremely poor and extreme poverty?" asks Dr Peter Boone, of the ESRC's Centre for Economic Performance. "Subsistence living and lack of accumulated wealth mean many of the extremely poor are well-insulated from the current crisis. However, the problems are in the future: reduced public finances, less global growth, less foreign aid, and possibly more civil wars, will mean the extremely poor do not get the health services, education and opportunities needed to pull themselves and their children out of poverty.

This article appeared EurekAlert on the 18th March 2009.
Link to article.

Related Links
Peter Boone webpage
Effective Intervention Programme webpage
Globalisation Programme webpage


News Posted: 18/03/2009      [Back to the Top]

New Scientist

The credit crunch: what happened?

Work by Nick Bloom at Stanford University in California has shown that even the temporary surges in uncertainty that followed previous shocks had destructive effects.

This article appeared in the New Scientist on the 18th March 2009.
Link to article.

'In brief: The recession will be over sooner than you think’ article in CentrePiece 13(3) Winter 2008/9 Winter 2008/9
'The Impact of Uncertainty Shocks: Firm Level Estimation and a 9/11 Simulation’ by Nick Bloom, Centre for Economic Performance Discussion Paper No.718, March 2006
'Will the Credit Crunch Lead to Recession?' by Nick Bloom. Article in CentrePiece, Volume 13, Issue 1 Spring 2008

Related links
Nick Bloom webpage
Productivity and Innovation Programme webpage


News Posted: 18/03/2009      [Back to the Top]

Financial Times

Experts at odds over industrial resurgence

Brian Groom writes that with the sins of the financial sector visited on the services-dominated economy of south-east England, a national "rebalancing" in favour of manufacturing that would narrow the north-south divide seemed a realistic prospect. However, things are not - yet - working out that way. Manufacturing is taking a beating. Tim Leunig, reader in economic history at London School of Economics, says: "The idea that we are going to rebalance towards manufacturing is simply wrong and I don't think it would be desirable. Germany has more manufacturing and it is doing worse than us." He believes London will soon resume its role as a magnet for talented people in finance and creative industries.

This article appeared in the Financial Times on the 17th March 2009.
Link to article.

Related Links
Tim Leunig webpage
Globalisation Programme webpage


News Posted: 17/03/2009      [Back to the Top]

ESRC Society Today

Online press briefing: Britain and the Global Financial Crisis Recession: health and happiness

Professor Sir Richard Layard spoke at a seminar held on 26th February 2009, and chaired by economist and journalist, Evan Davies, of BBC Radio Four's Today programme and Dragons Den, on the subject of how mental health and happiness are affected by an economic downturn.

This speech can be downloaded from the ESRC website. Link

Related Links
Richard Layard webpage
Wellbeing Programme webpage


News Posted: 16/03/2009      [Back to the Top]

Independent

Yasmin Alibhai-Brown: Don't make light of the pain of divorce

In A Good Childhood (Penguin, 2009), a flawed yet vital study commissioned by the Children's Society, Economics professor Richard Layard and Judy Dunn, Professor of developmental psychology,conclude: "Parental conflict and separation can have a disastrous effect on children, even though some children survive unscathed."

This article appeared in the Independent on 16th March 2009.
Link to article.

Related Publications
A Good Childhood: Searching for Values in a Competitive Age by Richard Layard and Judy Dunn. Published by Penguin, February 2009. Details

Related Links
Richard Layard webpage
Wellbeing Programme webpage


News Posted: 16/03/2009      [Back to the Top]

Scotland on Sunday - Edinburgh,Scotland,UK

Bill Jamieson: If finance capitalism really is dead what system ...

As for the advocates of 'social' banking, Professor Richard Layard – he of 'happiness economics' – has weighed into the 'whither capitalism' debate with a call to "stop the worship of money and create a more humane society where the quality of human experience is the criterion". However, even this virtuous paradise will need a banking system we can trust to take deposits and lend money.

This article appeared in Scotland on Sunday on the 16th March 2009. Link to article.

Related Publications
Happiness: Lessons from a New Science by Richard Layard. Details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Happiness research webpage


News Posted: 16/03/2009      [Back to the Top]

The Sunday Times (Appointments)

Soothing the pain of redundancy

Richard Layard, government adviser on happiness and work, and director of the LSE Centre for Economic Performance, comments on giving people access to therapy.

This article appeared in the Sunday Times on 15th March 2009.Link to article.

Related Publications
The Depression Report: A New Deal for Depression and Anxiety Disorders by Richard Layard. Download report

Related Links
Richard Layard webpage
Wellbeing Programme webpage


News Posted: 15/03/2009      [Back to the Top]

The Times

Give more people access to therapy

Richard Layard, government adviser on happiness and work, and director of the LSE Centre for Economic Performance writes..... work gives us meaning and identity, and employment is important in recovering from depression and anxiety. Redundancy can lead to higher rates of depression and suicide. Hopefully, the difference in this recession is that people will realise that mental illness shouldn’t have a stigma attached to it.

This article appeared in the Times on the 15th March 2009.
Link to article.

Related Publications
The Depression Report: A New Deal for Depression and Anxiety Disorders by Richard Layard. Download report

Related Links
Richard Layard webpage
Wellbeing Programme webpage


News Posted: 15/03/2009      [Back to the Top]

BBC Radio 4 'News Briefing'

Linda Yueh interview

This interview was broadcast on 14th March 2009 on BBC Radio 4. Link

Also on:
BBC News Channel "BBC News" (2 pm edition)

Related Links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 14/03/2009      [Back to the Top]

guardian.co.uk – UK

A hard-hitting study of the social effects of inequality has profound implications

Epidemiologists Richard Wilkinson and Kate Pickett’s description of unequal societies as "dysfunctional" suggests implicit criticism of the approach taken by Britain's "happiness tsar" Richard Layard, who recommended that the poor mental health of many Britons be "fixed" or improved by making cognitive behavioural therapy more easily available.

This article appeared in the Guardian on 14th March 2009.
Link to article.

Related Links
Richard Layard webpage
Wellbeing Programme webpage


News Posted: 14/03/2009      [Back to the Top]

The Week

Bad Week For...

A study by the LSE reveals train journeys into London are now slower than before the Second World War.

This article appeared in the Week on 14th March 2009.
[No link avaliable]

Related Publications
‘Train times’ by Tim Leunig. Article in CentrePiece Volume 13, Issue 3,
Winter 2008/9 Article can be downloaded from the CEP website Link to article

Related Links
Tim Leunig webpage
Globalisation Programme webpage


News Posted: 14/03/2009      [Back to the Top]

BBC2 – Newsnight

Linda Yueh interview

Linda Yueh interviewed about the G20 meeting.

This interview was broadcast on the 13th March 2009. Link

Also on: More4 "More4 News"
BBC News Channel "BBC News" (2 pm and 7 pm editions)

Related Links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 13/03/2009      [Back to the Top]

CorpWatch.org

Who Will Determine the Future of Capitalism?

Richard Layard of the London School of Economics weighs in with a piece arguing that “we should stop the worship of money and create a more humane society ...

This article appeared in CorpWatch.org on 13th March 2009.
Link to article.

Related Publications
Happiness: Lessons from a New Science by Richard Layard. Details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Happiness research webpage


News Posted: 13/03/2009      [Back to the Top]

CBC Radio One (Canada)

The Current

John Van Reenen interviewed on pension funds – that they have a role to play in demanding better corporate governance.

This interview was broadcast on the 13th March 2009.
Link to article.

Related Links
John Van Reenen webpage
Productivity and Innovation Programme webpage


News Posted: 13/03/2009      [Back to the Top]

New York Times

Investors see a glimmer and shares soar worldwide

Nick Bloom, an economist at Stanford University, said that a declining, though still high, volatility in stock markets and “reasonably good” federal policies suggested that the economy should be able to avoid the long stagnation of Japan in the 1990s or the Great Depression. Mr. Bloom, who has studied 16 financial crises before the current one, said the recovery, which he expected in late 2009 or early 2010, should be fairly rapid.

This article appeared in the New York Times on the 13th March 2009.
Link to article.

Related Publications
‘In brief: The recession will be over sooner than you think’ Article in CentrePiece Volume 13(3) , Winter 2008/9. The Impact of Uncertainty Shocks: Firm Level Estimation and a 9/11 Simulation’ by Nick Bloom, Centre for Economic Performance Discussion Paper No.718 , March 2006
'Will the Credit Crunch Lead to Recession?' by Nick Bloom. Article in CentrePiece, Volume 13, Issue 1 Spring 2008

Related Links
Nick Bloom webpage
Productivity and Innovation Programme webpage

News Posted: 13/03/2009      [Back to the Top]

BBC World Service

Analysis

Linda Yueh was interviewed on China as an engine of growth.

This interview was broadcast on BBC World Service on the 12th February 2009.
Link to article.

Related Links
Linda Yueh webpage
Globalisation Programme webpage

Also on:
CNN “Quest Means Business” interviewed on the Rio Tinto-Chinalco deal.

News Posted: 12/03/2009      [Back to the Top]

Australian Broadcasting Corporation

NewsHour

Linda Yueh appeared on programme to comment on developments in the financial crisis.

This interview was broadcast on Australian Broadcasting on the 12th March 2009.
[No link avaliable]

Related Links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 12/03/2009      [Back to the Top]

Financial Times

Now is the time for a less selfish capitalism

Lord Layard asks how we should measure progress and suggests we should stop the worship of money and create a more humane society where the quality of human experience is the criterion. Lord Layard is at the London School of Economics Centre for Economic Performance.

This article appeared in the Financial Times on the 12th March 2009.
Link to article.

Related Links
Richard Layard webpage
Wellbeing Programme webpage


News Posted: 12/03/2009      [Back to the Top]

Financial Times

It seems not all recessions are created equal

"The recession will be over sooner than you think", to quote the title of an article in CentrePiece by two US academics, Nick Bloom and Max Floetotto. The bit of history they emphasise is that of uncertainty exhibited in the equity market, measured by the implied volatility of the S&P100, apparently known as the "financial fear factor".

This article appeared in the Financial Times on 12th March 2009.
[No link avaliable]

Related Publications
‘In brief: The recession will be over sooner than you think’ Article in CentrePiece Volume 13(3) , Winter 2008/9. The Impact of Uncertainty Shocks: Firm Level Estimation and a 9/11 Simulation’ by Nick Bloom, Centre for Economic Performance Discussion Paper No.718 , March 2006
'Will the Credit Crunch Lead to Recession?' by Nick Bloom. Article in CentrePiece, Volume 13, Issue 1
Spring 2008

Related Links
Nick Bloom webpage
Productivity and Innovation Programme webpage


News Posted: 12/03/2009      [Back to the Top]

Business Spectator, Melborne, Australia

Alan Kohler Capitalism will renew itself

For example the Financial Times has a begun series under that title, including a piece today by Richard Layard of the London School of Economics, ...

This article appeared in the Business Spectator on 12th March 2009. Link to article.

Happiness: Lessons from a New Science by Richard Layard details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Happiness research webpage


News Posted: 12/03/2009      [Back to the Top]

Stanford Review - Stanford,USA

Brazil's Economy: Stop Waffling, Lula

Take for instance LSE economics professor Richard Layard’s platitudinous advice for the brutes among us who find progress in measures of money: What is ...

This article appeared in the Stanford Review on 12th March 2009.
Link to article.

Related Publications
Happiness: Lessons from a New Science by Richard Layard details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Happiness research webpage


News Posted: 12/03/2009      [Back to the Top]

Bloomberg - USA

Economic Growth and Innovation Aren't All-Important, Layard Says

.. latter are sometimes useful as means to the greater end, said Richard Layard , of the Centre for Economic Performance at the London School of Economics. ...

This article appeared in Bloomberg USA on 12th March 2009.
Link to article.

Related Publications
Happiness: Lessons from a New Science by Richard Layard. Link

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Happiness research webpage


News Posted: 12/03/2009      [Back to the Top]

BBC News Channel

Linda Yueh interview

Linda Yueh interviewed to discuss the UK's quantitative easing programme coming into effect on March 11th

This interview was broadcast on the 11th March 2009.
[No link avaliable]

Related Links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 11/03/2009      [Back to the Top]

CNBC

'Worldwide Exchange'

Linda Yueh was interviewed to discuss Japan's economic outlook.

This interview was broadcast on CNBC on 11th March 2009.
[No link avaliable]

Related Links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 11/03/2009      [Back to the Top]

UK PR Wire

Commuter train trips take longer now

Some commuter train journeys into London take more time now than they did in 1930, according to new research from the London School of Economics.

This article appeared on UK PR Wire on 11th March 2009.
Link to article.

Related Publications
‘Train times’ by Tim Leunig CentrePiece Volume 13, Issue 3 Winter 2008/9
Article can be downloaded from the CEP website link to article

Related Links
Tim Leunig webpage
Globalisation Programme webpage


News Posted: 11/03/2009      [Back to the Top]

RadioFreeEurope/RadioLiberty - Prague,Czech Republic

US-Europe split on economic stimulus erupts ahead of G20

Peter Boone, a Europe expert at the London School of Economics, says the answer is in the different ways the two sides view the Great Depression of the ...

This interview appeared on Radio Free Europe/Radio Liberty on the 11th March 2009. Link to article.

Related Links
Peter Boone webpage
Effective Intervention Programme webpage
Globalisation Programme webpage


News Posted: 11/03/2009      [Back to the Top]

Inequality is bad for your health

The Guardian

The WHO [World Health Organisation) study is part of a growing lexicon of work examining the relationship between health, economics and wellbeing which, in addition to Wilkinson's latest book, includes Lord [Richard] Layard's book, Happiness.

This article appeared in the Guardian on the 11th March 2009.
Link to article.

Related Publications
Happiness: Lessons from a New Science by Richard Layard details

Related Links
Richard Layard webpage
Wellbeing Programme webpage


News Posted: 11/03/2009      [Back to the Top]

The Hindu - Chennai, India

Inequality is bad for mental health

Echoing some of the conclusions reached by the academic Richard Wilkinson ... includes Lord [Richard] Layard's book, Happiness. Layard examined the costs to the economy of a failure to foster better mental health, and his analysis has directly influenced policy in the UK - most notably in the recruitment of thousands of extra therapists to make "talking therapies" readily available on the tax funded National health Service (NHS).

This article appeared in The Hindu, India 11th March 2009.
Link to article.

Related Links
Richard Layard LSE experts webpage


News Posted: 11/03/2009      [Back to the Top]

ABC.es - Madrid, Spain

Psicólogo gratis para los británicos deprimidos por la falta de ...

De acuerdo con el profesor Richard Layard, ex asesor del Gobierno y coautor de un informe de la London School of Economics sobre depresión, ...

This article appeared in ABC.es on the 10th March 2009.
Link to article.

Also in:
ADN.es - Spain Link to article

Related Publications The Depression Report: A New Deal for Depression and Anxiety Disorders
by Richard Layard.

Related Links
Richard Layard webpage
Wellbeing Programme webpage


News Posted: 10/03/2009      [Back to the Top]

Nurnberger Nachrichten - Germany

Gluck als Unterrichtsfach

Die Botschaft: Finde dein Glück. Das größte Glück, fand der britische Wirtschaftswissenschaftler Richard Layard heraus, ist die Arbeit. ...

This article appeared in Nurnberger Nachrichten on the 9th March 2009.
Link to article.

Related Publications
Richard Layard webpage
Wellbeing Programme webpage


News Posted: 09/03/2009      [Back to the Top]

Sunday Times (Business)

Bank injection means we are all monetarists now

David Smith comments on a particularly poor edition of Radio 4's The Moral Maze concerning Sir Fred Goodwin, noting that "On the question of inequality, raised by the latest outbreak of fatcattery, things are also not what they seem. Research in the London School of Economics Centrepiece journal shows that earnings inequality was starting to decline, at least until the recession."

This article appeared in the Sunday Times on 8th march 2009.
Link to article.

Related Publications
‘The Changing Pattern of Earnings: Employees, migrants and low-paid families’ by Richard Dickens and Abigail McKnight in CentrePiece Volume 13, Issue 3 Winter 2008/09

Related Links
Richard Dickens webpage
Abigail McKnight webpage
Labour Markets Programme webpage


News Posted: 08/03/2009      [Back to the Top]

El confidencial - Spain

El Gobierno británico pagará terapias a ciudadanos deprimidos por la recesion

El profesor Richard Layard, ex asesor del Gobierno y coautor de un informe de la London School of Economics sobre depresión, declaró que el plan del ...

This article appeared in El confidencial on the 8th March 2009.
Link to article.

Related publications
The Depression Report: A New Deal for Depression and Anxiety Disorders by Richard Layard. Link to report

Related Links
Richard Layard webpage
Wellbeing Programme webpage


News Posted: 08/03/2009      [Back to the Top]

Observer (Business and Media)

Cutting the payroll means unhappy dividends

Simon Caulkin comments on the relationship between the economic climate and national wellbeing, recalling a recent speech by Richard (Lord) Layard of the LSE at the "Recession: health and happiness" seminar.

This article appeared in the Observer on 8th March 2009
Link to article.

Related Publications
Press release: ‘Money may not buy happiness, but neither does poverty’
Happiness: Lessons from a New Science by Richard Layard. details

Related Links
Richard Layard webpage
Wellbeing Programme webpage


News Posted: 08/03/2009      [Back to the Top]

Observer

Victims of recession to get free therapy

The government is announcing new plans to offer psychological help to millions of people facing unemployment, debt and relationship breakdown Professor Richard Layard, a co-author of the London School of Economics' Depression Report and a former adviser to government, said the moves to expand provision amounted to the "most important development in the treatment of mental health since the war".

This article appeared in the Observer on 8th March 2009.
Link to article.

Related publications
"The Depression Report: A New Deal for Depression and Anxiety Disorders" by Richard Layard.

Related Links
Richard Layard webpage
Wellbeing Programme webpage


News Posted: 08/03/2009      [Back to the Top]

The Independent

Hilary Steedman: A brave new world for apprenticeships

Previously a full article published in February 2008 in the Independent. Why are these opportunities not better known by school leavers? The main reason is that the great majority of schools don't tell their students that they exist. Talking to half a dozen engineering apprentices, we learnt that not one had been told about apprenticeship at school. Most had chanced upon the training through press advertisements or careers guidance.

This article appeared in The Independent – Independent minds blog on the 7th March 2009.
Link to article.

Related Links
Hilary Steedman LSE experts webpage

News Posted: 07/03/2009      [Back to the Top]

BBC Radio 5

Weekend Breakfast

Linda Yueh commented on the Lloyds rescue.

This interview was broadcast on BBC Radio 5 on 7th March 2009.
Link to article.

Related Links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 07/03/2009      [Back to the Top]

BBC News Channel

Linda Yueh interview

Linda Yueh commented on the Lloyds rescue.

This interview was broadcast on BBC News channel on 7th March 2009.
[no link avaliable]

Related Links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 07/03/2009      [Back to the Top]

Daily Telegraph

1930s rail beats '09

Some train trips take longer now than in 1930, a study has found. Researchers said the demise of slam doors was a key factor. Timetables for services before the Second World War were compared with the 20 busiest modern journeys in Britain -all short hops into London. Commuting from Wimbledon takes three minutes longer than in 1930, from Surbiton it is two. Dr Tim Leunig , of the London School of Economics, said automatic doors had slowed things down, adding: "People now take longer to get on and off." He said faster trips were vital for the economy.

This article appeared in the Daily Telegraph on 7th March 2009. [No link avaliable]

Also in:
The Sun - Some train trips take longer now than in 1930, a study found yesterday.
Link to article.

Related Publications
'Train times' by Tim Leunig. Article in CentrePiece Volume 13, Issue 3, Winter 2008/9. Article will be available to download from the CEP website after Friday 6 March details

Related Links
Tim Leunig webpage
Globalisation Programme webpage


News Posted: 07/03/2009      [Back to the Top]

BBC One

London News

Tim Leunig interviewed on trains being slower than in pre-war years.
[No link avaliable]

Also on
London Tonight (ITV)
BBC Radio 5 Live

Related Publications
‘Train times’ by Tim Leunig.Article in CentrePiece Volume 13, Issue 3 Winter 2008/9.

Related Links
Tim Leunig webpage
Globalisation Programme webpage


News Posted: 06/03/2009      [Back to the Top]

CityWire.co.uk London

Morning Line: Guaranteed jobs for everyone

Government advisor Lord Richard Layard is one of the economists calling on the government to take this opportunity to bring in measures guaranteeing a job ...

This article appeared in Citywire.co.uk on 6th March 2009.
Link to article.

Related Links
Richard Layard webpage
Wellbeing Programme webpage


News Posted: 06/03/2009      [Back to the Top]

Daily Mail

Rail journeys to work 'take longer than 70 years ago'

Some train trips take longer now than in 1930, a study ed by Dr Tim Leunig of the London School of Economics has found.

This article appeared in the Daily Mail on 6th March 2009.
Link to article.

Also in:
Daily Mirror- Commuter journeys 'getting slower' link to article
The London Paper-London News: Commuter train journeys into London take longer than before the Second World War link to article
Formby Times - Commuter journeys 'getting slower' link to article
Gulf News - Trips longer than before Second World War link to article
Metro - Commuter journeys 'slower than pre-war days link to article

Related publication
‘Train times’ by Tim Leunig. Article in CentrePiece Volume 13, Issue 3, Winter 2008/9. Article will be available to download from the CEP website after Friday 6 March details

Related Links
Tim Leunig webpage
Globalisation Programme webpage


News Posted: 06/03/2009      [Back to the Top]

Reformatorisch Dagblad, Netherlands

Geloof en geweld vaak ten onrechte met elkaar verbonden

Richard Layard (zelf een atheïst) presenteert in zijn Lionel Robins Lecture in 2002 een overzichtstabel van de literatuur naar de factoren die menselijk ...

This article appeared in Reformatorisch Dagblad on 6th March 2009.
Link to article.

Related links
Richard Layard webpage
Wellbeing Programme webpage


News Posted: 06/03/2009      [Back to the Top]

Daily Telegraph

Train services 'slower now than before the war'

According to a study by the LSE's Tim Leunig, London commuters enjoyed faster train journeys before the Second World War than they do today. Mr Leunig said "It is remarkable that after 70 years of technical progress our trains are slower than they were in 1939."

This article appeared in the Daily Telegraph on 6th March 2009.
Link to article.

Also in:
Press Association - Commuter Journeys Getting Slower Link to article
This is London - Rail journeys to work 'take longer than 70 years ago' Link to article
Hastings Observer - Commuter train trips getting slower Link to article
Teletext-train trips 'getting slower' Link to article

Related Publications
'Train times' by Tim Leunig. Article in CentrePiece Volume 13, Issue 3, Winter 2008/9. Article will be available to download from the CEP website after Friday 6 March details

Related Links
Tim Leunig webpage
Globalisation Programme webpage

News Posted: 06/03/2009      [Back to the Top]

BBC One

World Business Report

Linda Yueh interviewed, spoke on China’s economic stimulus package.

This interview was broadcast on BBC One World Business Report on 5th March 2009.
[No link avaliable]

Also interviewed on:
BBC News Channel, discussing the Bank of England's interest rate decision and use of quantitative easing measures.
[No link avaliable]

Related Links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 05/03/2009      [Back to the Top]

The Guardian

Parents' admissions trauma is down to gross inequality outside school gates

Peter Wilby comments on school selection: "As research from the London School of Economics has shown, the differences between intakes even among community comprehensives is enormous

This article appeared in the Guardian on 5th March.
Link to article.

Related Publications
‘School segregation and its consequences’ by Stephen Gibbons and Shqiponja Telhaj. Article in CentrePiece, Volume 12, Issue 3, Winter 2007/08.

Related Links
Steve Gibbons webpage
Shqiponja Telhaj webpage
Education and Skills Programme webpage


News Posted: 05/03/2009      [Back to the Top]

BBC World News

World Business Report

Linda Yueh interviewed, spoke on China’s economic stimulus package

This interview was broadcast on BBC World News on 4th March 2009.
No link avaliable

Also interviewed on: CNBC “Europe Tonight”
BBC Radio 4 “The World Tonight”

Related Links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 04/03/2009      [Back to the Top]

The Guardian

Treatment lottery restricts hi-tech treatment for depression

Talking therapies shot up the government's agenda after Lord Layard, a London School of Economics professor and author of the book Happiness, claimed that mental health was the country's "biggest social problem", and convinced Number 10 that the widespread introduction of psychological therapies would have significant economic as well as health benefits.

This article appeared in the Guardian on 3rd March 2009.
Link to article.

Related Publications
The Depression Report: A New Deal for Depression and Anxiety Disorders by Richard Layard details

Related Links
Richard Layard webpage
Wellbeing Programme webpage


News Posted: 03/03/2009      [Back to the Top]

The Irish Times

Investment in management practice is key to recovery

Recent studies by economists at the London School of Economics and Stanford find a remarkably strong relationship between the standard of management in a country and productivity.

This article appeared in the Irish Times on 2nd March 2009.
Link to article.

Related Links
John Van Reenen webpage
Management Practices and Organisationl Structures webpage
Productivity and Innovation Programme webpage

News Posted: 02/03/2009      [Back to the Top]

Guardian

You say inflation, I say deflation

Tom Cunningham (Centre for Economic Performance) says that journalists have misunderstood the Consumer Price Index and that, in fact, prices are falling and not rising as they are reporting.

This article appeared in the Guardian on February 27, 2009
Link to article

Related Links
Tom Cunningham webpage
Macro Programme webpage

News Posted: 27/02/2009      [Back to the Top]

Press Release

Economic research receives further funding boost

Economic Research Receives Further Funding Boost

Following the latest call for proposals, the Economic and Social Research Council (ESRC) is pleased to announce overall funding of £16.5m over 5 years from 2009/10 to 2015/16 for three new Centres focusing on the economic wellbeing of the UK. Professor John Van Reenen of the Centre for Economic Performance (CEP), at the London School of Economics receives £6.08m. Conducting world class and policy relevant research on economic performance, CEP's globalisation programme will include research on macroeconomic growth. The Centre will also research how our national capabilities change as a result of globalisation, such as how high levels of immigration may foster growth through diversity but may also undermine performance and wellbeing through loosening of community times.

The full press release from the ESRC is available to download.


Related Links
John Van Reenen webpage
Centre for Economic Performance Research Programmes webpage

News Posted: 26/02/2009      [Back to the Top]

Press Release

Money may not buy happiness but neither does poverty

Money May Not Buy Happiness but Neither Does Poverty
In the past 50 years individual levels of wealth have increased by but so have crime, deprivation, depression and addictions to alcohol and drugs. Most of us believe that more money will make us happier; however, as societies become richer, does that wealth positively impact on our happiness?

The 'Recession: health and happiness' event on Thursday 26th February, may well provide a surprising answer. Lord Professor Richard Layard who has spent years researching the impact of wealth on wellbeing will argue the answer is 'not necessarily'.

Details of the event can be found within the News Release.


Related Publications
Happiness: Lessons from a New Science by Richard Layard.
Details

Related Links
Richard Layard webpage
Wellbeing Programme webpage

News Posted: 24/02/2009      [Back to the Top]

Berlin Lunchtime Meeting

Carbon taxes: good for the planet, not bad for economy

INVITATION - Berlin Lunchtime Meeting
on Wednesday, 25 February 2009, 12 to 2pm

DIW Berlin, Mohrenstr. 58, 10117 Berlin
Main Conference Room, Second Floor

Carbon taxes:
Good for the Planet, not bad for Economy

SPEAKER: Dr. Ralf Martin, London School of Economics
COMMENT: PD Dr. Siegfried Gelbhaar, Universität Trier
CHAIR: Prof. Dr. Claudia Kemfert, DIW Berlin

In a recent study supported by the Anglo-German Foundation, researchers from the London School of Economics (LSE) show that carbon taxes can reduce pollution without harming the economy.

In 2001 the UK government introduced a tax on various energy fuels for industry - the Climate Change Levy (CCL). A research team from the Centre for Economic Performance (CEP) at the LSE, led by Ralf Martin, has conducted an in depth evaluation of the effect of this policy on individual firms using a representative sample of the UK economy which includes detailed data on more than 10.000 enterprises.

They found that the Climate Change Levy - which on average corresponds to a £20 carbon tax per ton - has had a strong impact on power usage by companies and reduced electricity consumption for the average manufacturing firm by 10 to 20 percent. The economists also examined whether the levy had had any adverse impacts on economic performance of companies in areas such as employment or productivity. They did not find any evidence for this.

Ralf Martin summarises the outcome of the research as "good for the planet and not bad for the economy". He goes even further, suggesting that an increase in carbon taxes and a simultaneous reduction of taxes on wages and employment could be the ideal policy measure in the current crisis, as it would secure existing jobs without leading to more government borrowing.

Registration is required. Please send an email to: events@diw.de. We look forward to your participation.

Venue: Deutsches Institut für Wirtschaftsforschung (DIW)
Main Conference Room, 2nd floor, Mohrenstr. 58, 10117 Berlin
Map

Ralf Martin is a British Academy Postdoctoral Research Fellow at the Centre for Economic Performance and the Grantham Institute for the Study of Climate Change at the London School of Economics. He studies business behaviour and performance. Currently, his main research interest is the determinants of business sector greenhouse gas emissions and the impact and design of climate change policies for business.

News Posted: 23/02/2009      [Back to the Top]

The Guardian

Fit for purpose



News Posted: 18/02/2009      [Back to the Top]

Guardian

We need to outgrow our debt

Deflation is still a risk – we should press on with quantitative easing even though prices aren’t sliding quite as fast. Column by Tom Cunningham of the Centre for Economic Performance, LSE.

This article appeared in the Guardian on February 18, 2009
Link to article

Related Links
Tom Cunningham webpage
Macro Programme webpage

News Posted: 18/02/2009      [Back to the Top]

LSE Public Lecture

The Global Economic Crisis-Meeting the Challenge

The LSE is holding a number of public lectures with key academics, business leaders and politicians who will examine the issues raised by the ongoing crisis.

On Tuesday 17th February 2009 the first public lecture in the current series, Global Economic Crisis - Meeting the Challenge took place in The Old Theatre. The speakers were Professor Tim Besley, Professor Francesco Caselli, Professor Chris Pissarides, and Professor Danny Quah and in the Chair, Professor Lord Richard Layard.

This panel discussion focused on the current global economic crisis: its origins, transmission, and possible impact and resolution.

Listen to the Podcast: MP3



News Posted: 17/02/2009      [Back to the Top]

The Finnish Broadcasting Corporation (YLE)

Linda Yueh interview

Linda Yueh was interviewed for the main news programme to discuss the UK's economic situation.

This interview was broadcast on the Finnish Broadcasting Corporation on the 12th February 2009.
[No link avaliable]

Related Links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 12/02/2009      [Back to the Top]

Freelance UK

One runny nose, little sticky fingers and a PC Clinic

The two babies in my life were quite poorly the other day. One was too warm with a runny nose, the other was too warm with what I mistook to be a hard-drive failure. Now, as hectic and chaotic as this all sounds, I am not alone in trying to juggle family life with a home-run business, as a mum (in my case, of three). In a research carried out by Dr. Tim Leunig of the London School of Economics, mumpreneurs, as we are affectionately known, are making what he called “a tangible impact on the British Economy, with a combined turnover of £4.4bn that exceeds some FTSE 100 companies” and according to Prowess, the UK’s leading Women’s Enterprise Network, their “Inspirational Business Mum” category at the 2008 Prowess Awards was by far the most popular category in the contest, attracting more than 130 entries. Plenty of us jumping on the band wagon then!

This article apperared on Freelance UK on 12th February 2009
Link to article.

Related Links
Tim Leunig webpage
Globalisation Programme webpage


News Posted: 12/02/2009      [Back to the Top]

RBC Daily (Russia)

Linda Yueh on China's trade surplus and growth prospects.

Linda Yueh on China’s trade surplus and growth prospects.

This article appeared on RBC Daily on 12th February 2009.
Link to article.

Related Links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 12/02/2009      [Back to the Top]

DST International - Surbiton,London,UK

Pension, hedge fund dominance 'positive for industrial innovation'

Carried out by the Centre for Economic Performance (CEP), the research suggests publicly traded companies where institutional investors have increased their ...

This article appeared in DST International on 12th February 2009.
Link to article.

Related Publications
'Innovation and Institutional Ownership', Philippe Aghion, John Van Reenen and Luigi Zingales, Centre for Economic Performance Discussion Paper No 911, February 2009

Related Links
John Van Reenen webpage
Productivity and Innovation Programme webpage




News Posted: 12/02/2009      [Back to the Top]

Canberra Times (Australia)

Breaking down the barriers

''The British Government, following a report by the economist Richard Layard on depression and how it costs the country vast sums of money, is now putting a lot of money into developing a walk-in therapy service for depression as part of the National Health Service,'' she said. In Australia, sessions of counselling are also now funded through Medicare, for those who see their general practitioner for depression.

This article appeared in the Canberra Times on the 12th February 2009.
Link to article.

Related Publications
‘The Depression Report: A New Deal for Depression and Anxiety Disorders’ by Richard Layard details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Mental Health Group webpage


News Posted: 12/02/2009      [Back to the Top]

The Guardian

Is the media too hard on working mums?

Working mums need support rather than blame. Richard Layard, of the London School of Economics, and Judy Dunn, of King's College London, who wrote A Good Childhood, published by the Children's Society last week, say in a letter to the Guardian that their research was twisted.

This article appeared in the Guardian on the 11th February 2009.
Link to article.

Related Publications
The Good Childhood Inquiry by Richard Layard and Judy Dunn is published by Penguin details
For other publications by Richard Layard details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Mental Health Group webpage


News Posted: 11/02/2009      [Back to the Top]

LSE Public Lecture

A Good Childhood: searching for values in a competitive age

This public lecture was held on Wednesday 11 February 2009, in the Old Theatre, Old Building, LSE.

Speakers: Professor Judy Dunn, Professor Lord Richard Layard

Is childhood all it should be? Or has it been spoilt by broken homes, junk food, alcohol and exam stress? The speakers will present the findings of The Good Childhood Inquiry.

Judy Dunn is professor of developmental psychology at King’s College London, and was chair of The Good Childhood Inquiry. Richard Layard is director of the Well-being Programme in the LSE Centre for Economic Performance.

Listen to the Podcast: MP3



News Posted: 11/02/2009      [Back to the Top]

Liverpool Echo

Why new Liverpool can ride out the credit crunch ...

With Liverpool having twice been bashed in recent reports, chief feature writer Paddy Shennan asks a top Liverpool academic how prepared the city is to cope with the current credit crunch. WE were well-used to being knocked when we were down, but it’s been a bit of novelty to be battered while we’re on the way up. Recent reports written by people from outside Liverpool have painted a bleak picture for this city, with one, Cities Unlimited, co-written by much-criticised boffin Dr Tim Leunig for the right-wing Policy Exchange think-tank, laughably calling on Scousers to pack their backs and move to the apparently beautiful south.

This article appeared in the Liverpool Echo on 9th February 2009.
Link to article.

Related Links
Tim Leunig webpage
Globalisation Programme webpage


News Posted: 09/02/2009      [Back to the Top]

Scotland on Sunday

Abba-solutely Fabulous

According to economists Richard Layard and Richard Easterlin, who have made a business of studying happiness, the reasons for the smooth functioning of ...

This article appeared in Scotland on Sunday on the 8th February 2009.
Link to article.

Related Publications
Happiness: Lessons from a New Science by Richard Layard details
.
Related Links
Richard Layard webpage
Wellbeing Programme webpage
Happiness Research webpage


News Posted: 08/02/2009      [Back to the Top]

LBC Radio

'Ken Livingstone' programme

LBC Radio "Ken Livingstone" programme Linda Yueh was interviewed to discuss the benefits of UK and China economic relations.

This interview was broadcast on the 7th February 2009.
[No link avaliable]

Related Links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 07/02/2009      [Back to the Top]

BBC Radio 4

PM

Dr Tim Leunig , lecturer in economic history at LSE, took part in a slot defining an economic depression.
This interview was broadcast on the 5th February 2009 on BBC Radio 4.
[No link avaliable]

Also on:
BBC Radio Scotland
Dr Tim Leunig, economic history, commented on the interest rate cuts and deflation. [No link avaliable]

Related Links
Tim Leunig webpage
Globalisation Programme webpage


News Posted: 05/02/2009      [Back to the Top]

Radio Free Europe

Explainer: How Sweden Rescued Its Banks In The 1990s

And in a particularly tough-minded move, Stockholm decided to protect ordinary citizens with deposits in banks but not to protect the owners -- the shareholders -- of the banks themselves. "They decided both to guarantee all the liabilities and the depositors while at the same time, in those banks where there was no value left, they would let the shareholders be wiped out through nationalization," says Peter Boone, an economics expert at the London School of Economics.

This interview was broadcast on Radio Free Europe on 5th February 2009.
Link to article.

Related Links
Peter Boone webpage
Globalisation Programme webpage


News Posted: 05/02/2009      [Back to the Top]

The Independent

Good intentions, perverse incentives

Luis Garicano, a Professor of Economics at LSE, thinks that the effect of the global market on incentives can go some way to explaining the current financial crisis. Applying his model of incentives to the world of football, he demonstrates that it is only when we consider rewards that we can understand the way the economics of such diverse situations operate.

Big Ideas is a series of films featuring leading academics from the London School of Economics and Political Science presenting novel and often bold solutions to some of the problems facing British society today. The series has been made specially for Independent.co.uk by Ember Regis in conjunction with LSE.

This film was posted to The Independent Online - Commentators on February 4, 2009
Link to film and information

Related Links
Luis Garicano webpage
Productivity and Innovation Programme webpage

News Posted: 04/02/2009      [Back to the Top]

The Guardian

Comment

The Children's Society report fails to see that, while kids today may act like adults, they are more constrained than ever before. Report co-author Sir Richard Layard writes of the importance of giving children a sense of purpose: what he calls "the law of love".

This article appeared in The the Guardian on the 4th February 2009.
Link to article.

Related Publications
The Good Childhood Inquiry by Richard Layard and Judy Dunn is published by Penguin details
Other publications by Richard Layard details
.
Related Links
Richard Layard webpage
Wellbeing Programme webpage
Mental Health Group webpage

News Posted: 04/02/2009      [Back to the Top]

BBC World Service

David Marsden interviewed

David Marsden gave an interview on Obama’s announcement that executive pay in firms receiving state bail-outs would be capped at $500,000 a year.

This interview was broadcast on BBC World Service on the 4th February 2009.
[No link avaliable]

Related Links
David Marsden webpage
Labour Markets Programme webpage


News Posted: 04/02/2009      [Back to the Top]

BBC Radio 4

The World at One

Dr Tim Leunig, commented on the strikes in the UK due to the dispute at the Lindsey Oil Refinery over the use of foreign labour.

This interview was broadcast on 3rd February 2009.
[No link avaliable]

Related Links
Tim Leunig webpage
Globalisation Programme webpage

Also on:
BBC Radio 4 PM
BBC Radio 5 Live
BBC Scotland

News Posted: 03/02/2009      [Back to the Top]

RBC Daily - Russia

'Êèòàéñêèå êðåñòüÿíå îñòàëèñü áåç ðàáîòû' by Vladimir Pavlov

Linda Yueh on migrant unemployment in China.

This article appeared in RBC Daily on the 3rd February 2009.
Link to article.

Related Links
Linda Yueh webpage
Globalisation Programme webpage

News Posted: 03/02/2009      [Back to the Top]

Communitycare.co.uk - Sutton UK

Children's Society highlights rise in mental health problems

The report was co-authored by economist Richard Layard , who inspired the government's programme to expand talking therapies provision for adults....

This article appeared on Communitycare.co.uk on the 3rd February 2009.
Link to article.

Related Publications
The Good Childhood Inquiry by Richard Layard and Judy Dunn is published by Penguin details
Other publications by Richard Layard details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Mental Health Group webpage


News Posted: 03/02/2009      [Back to the Top]

Wales Online

Adult selfishness and too much TV blamed as threats to children's wellbeing

ADULTS’ aggressive pursuit of personal success is now the “greatest threat” to children’s wellbeing and happiness, a landmark inquiry has found. Professor Lord Richard Layard , Emeritus Professor of Economics at the London School of Economics, added: “We think that the preoccupation with self is taking too much of the joy out of children’s lives, out of their family lives, out of their school, even out of their leisure life and consumption.

This article appeared on Wales Online on the 3rd February 2009.
Link to article.

Related Publications
The Good Childhood Inquiry by Richard Layard and Judy Dunn is published by Penguin details
Other publications by Richard Layard details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Mental Health Group webpage


News Posted: 03/02/2009      [Back to the Top]

This Is Gloucestershire

The Facebook generation

Shaun Fenton, headteacher at Cheltenham's Pate's Grammar School, gives his personal view about the state of childhood folliwng the publication of a major report. Speaking at a news conference to launch the report, Professor Lord Richard Layard, Emeritus Professor of Economics at the London School of Economics, and a member of the inquiry panel, said excessive individualism had filled the vacuum left by a decline in religious belief and social solidarity.

This article appeared in This is Gloucestershire on the 3rd February 2009.
Link to article

Related Publications
The Good Childhood Inquiry by Richard Layard and Judy Dunn is published by Penguin details
Other publications by Richard Layard details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Mental Health Group webpage


News Posted: 03/02/2009      [Back to the Top]

Journal Live

Happiness under threat

A NORTH East children's charity chief yesterday welcomed a report which suggests that the aggressive pursuit of personal success by adults is now the "greatest threat" to the wellbeing and happiness of youngsters...

Meanwhile, Richard Layard , Emeritus Professor of Economics at the London School of Economics, and a member of the inquiry panel, said excessive individualism had filled the vacuum left by a decline in religious belief and social solidarity.
Link to article.

Related Publications
The Good Childhood Inquiry by Richard Layard and Judy Dunn is published by Penguin details
Other publications by Richard Layard details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Mental Health Group webpage


News Posted: 03/02/2009      [Back to the Top]

CNBC Worldwide Exchange

Worldwide Exchange

Linda Yueh was interviewed to discuss Australia’s economy.

This interview was broadcast on CNBC on the 3rd February 2009.
[No link avaliable]

Linda Yueh webpage
Globalisation Programme webpage


News Posted: 03/02/2009      [Back to the Top]

Examiner (Ireland)

'Me first' society endangers children

AN AGGRESSIVE pursuit of personal success by adults is the “greatest threat” to the wellbeing and happiness of children, according to a landmark inquiry published in Britain yesterday. Speaking at a news conference to launch the report, Professor Lord Richard Layard, Emeritus Professor of Economics at the London School of Economics and a member of the inquiry panel, said excessive individualism had filled the vacuum left by a decline in religious belief and social solidarity.

This article appeared in the Examiner on the 3rd February 2009.
Link to article.

Related Publications
The Good Childhood Inquiry will be published on 4 February Details
Happiness: Lessons from a New Science by Richard Layard Details
Other publications by Richard Layard Details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Mental Health Group webpage


News Posted: 03/02/2009      [Back to the Top]

The Guardian

Look beyond number one

Despite greater affluence, life has become more difficult for our children. According to yesterday's A Good Childhood report, this increased stress is due to the excessive individualism in our society, which produces increased family break-up, excessive pressure to consume, too much exam stress and too great inequality.

These are not nostrums but carefully documented facts, leading to specific targeted proposals. Surveys show that, since around 2000, one in six of our children have been suffering from serious emotional or behavioural problems, compared with only one in 10 some 15 years earlier. The problem arises in every social class. What causes it?

Read the full article by Richard Layard on the Guardian Online - Comment is freeLook beyond number one: Schools should take the lead in helping our young people to find a sense of purpose published 03 February 2009.

Lord Layard is co-author of the Children's Society-commissioned report A Good Childhood

Related Publications
A Good Childhood: Searching for Values in a Competitive Age by Richard Layard. Details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
The Children's Society - The Good Childhood Inquiry



News Posted: 03/02/2009      [Back to the Top]

BBC Turkish.com

Ödevini yapan çocuk 'Bencillik çocukluand gölgeliyor'

Raporun bas yazari olan Isçi Partili Lordlar Kamarasi üyesi Lord Richard Layard, "Kisisel özgürlük ve kendi kaderini tayin hakki pekçok faydayi beraberinde ...

This article appeared on BBCTurkish.com, London on the 2nd February 2009.
Link to article.

Related Publications
The Good Childhood Inquiry by Richard Layard and Judy Dunn is published by Penguin details
Other publications by Richard Layard details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Mental Health Group webpage


News Posted: 02/02/2009      [Back to the Top]

The Harrow Times

Selfish adults 'threat to children'

Speaking at a news conference to launch the report, Professor Lord Richard Layard, Emeritus Professor of Economics at the London School of Economics, and a member of the inquiry panel, said excessive individualism had filled the vacuum left by a decline in religious belief and social solidarity.

This article appeared in the The Harrow Times on the 2nd February 2009.
Link to article.

Related Publications
The Good Childhood Inquiry by Richard Layard and Judy Dunn is published by Penguin details
Other publications by Richard Layard details


Related Links
Richard Layard webpage
Wellbeing Programme webpage
Mental Health Group webpage

Also in:
Bury Times link
Yahoo UK

News Posted: 02/02/2009      [Back to the Top]

Evening Standard

Adults 'let our children down'

The Good Childhood Inquiry published by the Children's Society has claimed more young people were "unhappy" in the 21st century than in previous generations. The 238-page report was written by Lord Layard, emeritus professor at the London School of Economics and a former adviser to Tony Blair, and Professor Judy Dunn, from the Institute of Psychiatry

This article appeared in the Evening Standard on the 2nd February 2009.
[No link avaliable]

Related Publications
The Good Childhood Inquiry by Richard Layard and Judy Dunn is published by Penguin details
Other publications by Richard Layard details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Mental Health Group webpage


News Posted: 02/02/2009      [Back to the Top]

Independent

Schools urged to teach good parenting skills

All children should be taught good parenting in school ... by the former Downing Street adviser Richard Layard and Judith Dunn

This article appeared in the Independent on the 2nd February 2009.
Link to article.

Related Publications
The Good Childhood Inquiry by Richard Layard and Judy Dunn is published by Penguin details
Other publications by Richard Layard details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Mental Health Group webpage


News Posted: 02/02/2009      [Back to the Top]

Housing News

Policy exchange calls for 'Right to Move'

Social tenants with a record of good behaviour should be able to demand their landlord sells their house so they can move, according to a report from think tank, The Policy Exchange. Report author, London School of Economics academic Tim Leunig, said: “The right to move is about freedom, dignity, and opportunity. It has the potential to transform the lives of millions of people living in social housing, by allowing them to decide where it is they live.”

This article appeared in Housing News on the 2nd February 2009.
Link to article.

Related Links
Tim Leunig webpage
Globalisation Programme webpage


News Posted: 02/02/2009      [Back to the Top]

Guardian – Politics blog

Is life really worse for kids today than it was for previous generations?

Lord Layard, the distinguished author of Happiness, has been on the radio saying things are bad, but that these things go in cycles: our "excessively individual" social attitudes will recede.

This article appeared on the Guardian Politics Blog on the 2nd February 2009.
Link to article.

Related Publications
The Good Childhood Inquiry by Richard Layard and Judy Dunn is published by Penguin details
Other publications by Richard Layard details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Mental Health Group webpage


News Posted: 02/02/2009      [Back to the Top]

BBC Radio 4

Six o'clock news

Dr Tim Leunig, reader in economic history commented on the strikes.
[No link avaliable]

Related Links
Tim Leunig webpage
Globalisation Progrmme webpage

News Posted: 02/02/2009      [Back to the Top]

The Guardian

Children paying price for adults' pursuit of success, says report

The wellbeing of millions of children across Britain is being damaged by adults' aggressive pursuit of personal success, a three-year inquiry by the Children's Society concluded today.

The society blamed the problems of young people on "a belief among adults that the prime duty of the individual is to make the most of their own life, rather than contribute to the good of others".

It said this "excessive individualism" was the cause of high rates of family break-up, unhealthy competition in schools, unprincipled advertising and acceptance of income inequality that left millions of children living in poverty.

The report, A Good Childhood, called for a return to traditional moral values. Its most controversial target was the increasing economic independence of women.

Read the full article : Children paying price for adults' pursuit of success, says report from The Guardian, 02 February 2009.

Related Publications
A Good Childhood: Searching for Values in a Competitive Age by Richard Layard. Details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
The Children's Society - The Good Childhood Inquiry



News Posted: 02/02/2009      [Back to the Top]

BBC News

Selfish adults 'damage childhood'

The aggressive pursuit of personal success by adults is now the greatest threat to British children, a major independent report on childhood says.

It calls for a sea-change in social attitudes and policies to counter the damage done to children by society.

Family break-up, unprincipled advertising, too much competition in education and income inequality are mentioned as big contributing factors.

A panel of independent experts carried out the study over three years.

The report, called The Good Childhood Inquiry and commissioned by the Children's Society, concludes that children's lives in Britain have become "more difficult than in the past", adding that "more young people are anxious and troubled".

The inquiry's final report and recommendations, A Good Childhood, is written by Richard Layard and Judy Dunn and published by Penguin on 4th February 2009.

Listen to Lord Layard on the Today Programme (BBC Radio 4) on 2nd February 2009.

Related Publications
A Good Childhood: Searching for Values in a Competitive Age by Richard Layard. Details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
The Children's Society - The Good Childhood Inquiry



News Posted: 02/02/2009      [Back to the Top]

The Guardian

Parents who argue 'harm their children'

The Good Childhood Inquiry is the culmination of a major independent inquiry, commissioned by The Children's Society and carried out by a team of experts led by economist and government adviser Richard Layard.

This article appeared in the Guardian on the 1st February 2009.
Link to article.

Related Publications
The Good Childhood Inquiry by Richard Layard and Judy Dunn is published by Penguin details
Other publications by Richard Layard details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Mental Health Group webpage

News Posted: 01/02/2009      [Back to the Top]

In The News

Children have harder childhood today, report says

A study into children's welfare has concluded that children face more challenges growing up today than in the past. Emeritus professor at the London School of Economics Lord Layard and the Institute of Psychiatry's Development Psychology professor Judy Dunn wrote the report for the Children's Society.

This article appeared on In The News on the 1st February 2009.
Link to article.

Related Publications
The Good Childhood Inquiry by Richard Layard and Judy Dunn is published by Penguin details
Other publications by Richard Layard details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Mental Health Group webpage


News Posted: 01/02/2009      [Back to the Top]

The Observer

Are our children really in crisis, or the victims of parents' anxiety?

The conclusions of the Good Childhood Inquiry, which has tracked the lives of the country's children for more than two years, are that British children are anxious, fearful of bullying, stressed by schoolwork, and wrestling with worries about family relationships, poverty, peer pressure or physical, emotional or sexual abuse. The study was commissioned by the Children's Society and included an independent panel of 12 experts including Lord Layard , emeritus professor of economics a the London School of Economics, and Sir Al Aynsley-Green, children's commissioner for England.

This article appeared in the Observer on the 1st February 2009.
Link to article.

Also in
Sunday Times (News Review)
Sunday Times, 01-Feb-2009, page 3
Daily Telegraph, 31-Jan-2009, page 29

Related Publications
The Good Childhood Inquiry by Richard Layard and Judy Dunn is published by Penguin details
Other publications by Richard Layard details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Mental Health Group webpage

News Posted: 01/02/2009      [Back to the Top]

The Daily Telegraph

Broken Britain needs lessons in love

British children need lessons in love and moral responsibility to combat the growing culture of greed and individualism, a landmark report has advised.

The report entitled 'A Good Childhood' also recommends report cards for youngsters to monitor their emotional wellbeing.

Its authors found Britain has been damaged by rampant individualism and states the country is one of the worst affected in the western world

The report's lead authors are Lord Layard, emeritus professor at the London School of Economics and former adviser to Tony Blair on wellbeing; and Judy Dunn, professor of developmental psychology at the Institute of Psychiatry in London.

This article Broken Britain needs lessons in love was published in The Daily Telegraph, 01 February 2009.

Related Publications
A Good Childhood: Searching for Values in a Competitive Age by Richard Layard. Details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
The Children's Society - The Good Childhood Inquiry



News Posted: 01/02/2009      [Back to the Top]

The Sunday Times

Our children's blighted lives

Ask yourself this: do you ever fight with your other half in front of the children? Do you leave them to their own devices when they are on the computer? Have you ever sat them in front of the television instead of taking them out for a walk?

According to A Good Childhood - a report commissioned by the Children's Society and produced by the independent Good Childhood Inquiry, which undertook the biggest investigation into childhood conducted in the UK - these types of parental shortcomings are the hallmarks of British parenting.

In an attempt to assess how we could do it better, a group of experts, including Richard Layard, emeritus professor of economics at the London School of Economics who heads its investigations into wellbeing, have spent two years sifting through reports and contributions from some 35,000 people. They have tried to understand why British kids fare the worst of all the children in the 21 developed nations. That's worse than Germany, Scandinavia, Finland and even France.

Read the full article Our children's blighted lives, from The Sunday Times published 01 February 2009.

Related Publications
A Good Childhood: Searching for Values in a Competitive Age by Richard Layard. Details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
The Children's Society - The Good Childhood Inquiry



News Posted: 01/02/2009      [Back to the Top]

BBC World Service

The Instant Guide

Linda Yueh spoke on China’s recession.

This interview was broadcast on BBC World Serice on the 31st January 2009.
[No link avaliable]

Related Links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 31/01/2009      [Back to the Top]

BBC News Channel

BBC News

Linda Yueh was interviewed to comment on UK-China relations with the visit of Chinese Premier Wen.

This interview was broadcast on BBC News on the 31st January 2009.
[No link avaliable]

Related links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 31/01/2009      [Back to the Top]

Repubblica (Italy)

Crisi La formula algebrica del fallimento? Nel sollevamento pesi

Il bonus ai manager è eticamente sbagliato, parola di Obama. Di più, lo è scientificamente, assicurano due studiosi. La conclusione della loro ricerca può essere "tradotta" così: se Lehman Brothers è fallita è perché i suoi dirigenti ragionano come pesisti turchi al sesto posto nella classifica provvisoria di una finale olimpica. Per arrivare sul podio dichiarano che solleveranno l' impossibile e quando il bilanciere casca ci facciamo male tutti quanti. Paradossale? Mica tanto. Cominciamo dall' inizio, quando i pesi sono fermi sul pavimento, nessuno ha ancora sentito parlare di mutui subprime e Christos Genakos (docente alla London School of Economics) e Mario Pagliero (Università di Torino) si stanno godendo in tv le immagini delle Olimpiadi ateniesi dell' estate 2004.

This article appeared in Repubblica Italy on the 31st January 2009.
Link to article.

Related Publications
Article refers to research by Christos Genakos with Mario Pagliero on "Risk Taking and Performance in Multistage Tournaments: Evidence from Weightlifting Competitions". (Forthcoming article in CentrePiece Winter 2008/09 issue.)

Related Links
Christos Genakos webpage
Productivity and Innovation Programme webpage

News Posted: 31/01/2009      [Back to the Top]

The Guardian

Give council tenants the right to move

Those in social housing should be allowed to require their landlord to sell their home and buy a place of their choice, writes Dr Tim Leunig, economic historian, LSE.

This article appeared in The Guardian on the 30th January 2009.
Link to article.

Related Links
Tim Leunig webpage
Globalisation Programme webpage


News Posted: 30/01/2009      [Back to the Top]

Radio Lithuania

'Ryto Garsai'(Morning)

Linda Yueh interviewed on the 'News Map' segment on reforming the international economic system.

This interview was broadcast on Radio Lithuania on the 30th January 2009.
[No link avaliable]

Linda Yueh webpage
Globalisation Programme webpage


News Posted: 30/01/2009      [Back to the Top]

Nederlands Dagblad

Moet massaontslag?

De Britse econoom Richard Layard beschrijft in zijn boek Waarom zijn we niet gelukkig? dat werkloos raken zeer pijnlijk is. De klap is vergelijkbaar met een ...

This article appearerd in Nederlands Dagblad - Barneveld,Gelderland on the 30th January 2009.
Link to article.

Happiness: Lessons from a New Science by Richard Layard Details
Other publications by Richard Layard Details

Related Links
Richard Layard webpage
Wellbeing Programme webpage


News Posted: 30/01/2009      [Back to the Top]

Times Higher Education

Published this week

‘Mostly Harmless Econometrics: An Empiricist's Companion’ by Joshua D. Angrist, professor of economics, Massachusetts Institute of Technology, and Jorn-Steffen Pischke, professor of economics, London School of Economics Princeton University Press, £54.00 and £24.95 Angrist and Pischke show how the basic tools of applied econometrics allow data to speak, explaining why fancier econometric techniques are typically unnecessary and even dangerous.

This article appeared in the Times Higher Education Supplement on the 29th January 2009.
Link to article.

Related Links
Steve Pischke webpage
Labour Markets Programme webpage


News Posted: 29/01/2009      [Back to the Top]

BBC Radio 4

The World Tonight

Linda Yueh was interviewed on China-U.S. relations.

This interview was broadcast on Radio 4 on 28th January 2009.
[No link avaliable]

Related Links
Linda Yueh webpage
Globalisation Programme webpage


News Posted: 28/01/2009      [Back to the Top]

Blog d'AdmiNet (Communiqués de presse) - France

Y at-il une science du bonheur ?

Une société qui s'enrichit n'est pas forcément une société de gens heureux : c'est le constat que pose Richard Layard au fondement de sa « nouvelle science ...

This article appeared on Blog d'AdmiNet on the 28th January 2009.
Link to article.

Related Publications
Happiness: Lessons from a New Science by Richard Layard details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Happiness Research webpage


News Posted: 28/01/2009      [Back to the Top]

Guardian

I've changed my mind about carbon taxes

Tim Leunig writes that regulation is the smart answer to global warming.

This article appeared in the Guardian on 27 December 2009. Link to article

Related links
Tim Leunig webpage
Globalisation Programme webpage


News Posted: 27/01/2009      [Back to the Top]

Guardian

Stuck in the middle

Tom Cunningham writes “We know the UK's assets have plunged in value. It turns out to be the middle classes who are taking the hit”.

This article appeared in the Guardian on 27th January 2009.
Link to article.

Related Links
Tom Cunningham webpage
Macro Programme webpage


News Posted: 27/01/2009      [Back to the Top]

Financial Times

To save the banks we must stand up to the bankers

Peter Boone and Simon Johnson warn against bank nationalisation in the US. Peter Boone is chairman of Effective Intervention, a UK-based charity, and a research associate at The Centre for Economic Performance, London School of Economics.

This article appeared in the Financial Times on 27th January 2009.
Link to article.

Related Links
Peter Boone webpage
Effective Intervention webpage
Globalisation Programme webpage


News Posted: 27/01/2009      [Back to the Top]

finchannel.com

LSE professor awarded knighthood

Professor Anthony Venables was awarded a CBE. Professor Venables is now an associate in the Centre for Economic Performance at LSE but is based at Oxford University.

This article appeared on finchannel.com on 25th January 2009.
Link to article.

Related Publications
See publications webpages for Professor Tony Venables.

Related Links
Tony Venables webpage
Globalisation Programme webpage


News Posted: 25/01/2009      [Back to the Top]

RBC Daily

Linda Yueh Interviewed

Linda Yueh interviewed on China offering a currency swap agreement to Hong Kong.

This interview appeared on RBC on 21st January 2009.
Link to article.

Related Links
Linda Yueh, webpage
Globalisation Programme webpage


News Posted: 21/01/2009      [Back to the Top]

Brisbane Times – Australia

Ditching designer lifestyle good for the soul

Authors such as Oliver James, Richard Layard and, in Australia, Clive Hamilton, were of the belief that excessive prosperity and abundance were ruining our mental health rather than making us happier.

This article appeared in the Brisbane Times on 20th January 2009.
Link to article

Related Publications
Happiness: Lessons from a New Science by Richard Layard. Details
The Depression Report: A New Deal for Depression and Anxiety Disorders by Richard Layard Link to report

Related Links
Richard Layard webpage
Happiness Research webpage
Mental Health Policy Group webpage
Wellbeing Programme webpage


News Posted: 20/01/2009      [Back to the Top]

The Financial

Obama's LSE alumni

Two LSE economics professors have paid tribute to the brilliance of Barack Obama’s new budget director Peter Orszag, who is one of an impressive retinue of LSE alumni appointed to the president-elect’s administration. Professor Emeritus Lord Richard Layard was so impressed with Orszag’s work as a Masters student that he invited him to Moscow in 1992 in the early post-Soviet period to work on the influential monthly publication Russian Economic Trends. 'I invited him to Russia because he was a brilliant, outstanding chap,' said Professor Layard.

This article appeared in the Financial on 20th January 2009. [No link avaliable]

Related Publications
‘The Conditions of Life’, A. Illarionov, R. Layard and P. Orszag, Centre for Economic Performance Discussion Paper No. 165, August 1993.
‘Dumping on Free Trade: The US Import Trade Laws’, P. Orszag and J. Stiglitz, Centre for Economic Performance Discussion Paper No. 210, October 1994.

Related Links
Richard Layard webpage


News Posted: 20/01/2009      [Back to the Top]

Prospect Magazine

Letters-High speed trains

Letter to the editor from Dr Tim Leunig, economic history, LSE.

This article appeared in Prospect Magazine on the 19th January 2009.
Link to article.

Related Links
Tim Leunig webpage
Globalisation Programme webpage


News Posted: 19/01/2009      [Back to the Top]

Kathimerini (Greece)

Recession will finish faster than was first thought

News article by Nick Bloom and Max Floetotto on how the recession may come to an end sooner than expected.

This article appeared in Kathimerini on the 19th January 2009. Link to article

Related links
Nick Bloom webpage
Productivity and Innovation webpage
.

News Posted: 18/01/2009      [Back to the Top]

Wall Street Journal

Guest Post: Time to Recapitalize Banks Fully

As debate continues over the release of the second half of the Treasury Department’s Troubled Asset Relief Program, Peter Boone and Simon Johnson argue that it’s time to stop taking half steps and make sweeping moves to fight bank insolvency. Boone is chairman of Effective Intervention, a U.K.-based charity, and a research associate at the Centre for Economic Performance, London School of Economics, and Johnson is a former IMF chief economist, and is currently a professor at MIT Sloan School of Management and a senior fellow at the Peterson Institute for International Economics. They run the economic crisis website BaselineScenario.com

This article appeared in the Wall Street Journal on 15th January 2009.
Link to article.

Related Links
Peter Boone webpage
Effective Intervention webpage
Globalisation Programme webpage


News Posted: 15/01/2009      [Back to the Top]

RBC Daily - Russia

Linda Yueh interviewed

Linda Yueh interviewed on China's banking measures that could increase the amount of bad debts in the sector.

This interview was broadcast on RBC Daily on the 13th January 2009. Link to article.

Related Links
Linda Yueh webpage
Globalisation Programme webpage

News Posted: 13/01/2009      [Back to the Top]

The Guardian

Perspectives on the graduate job crunch

Letter from Jonathan Wadsworth, Centre for Economic Performance, LSE who suggests graduates are still better placed to secure jobs than those without degrees.

This article appeared in the Guardain on the 13th January 2009.
Link to article.

Related Links
Jonathan Wadsworth webpage
Labour Markets Programme webpage


News Posted: 13/01/2009      [Back to the Top]

Economist.com

Link Exchange

Nicholas Bloom and Max Floetotto forecast that ‘After falling by 3% between October 2008 and June 2009, we forecast GDP will rapidly rebound from July 2009 onwards. Delaying the stimulus package until the summer may mean that it is too late. The economic medicine will be administered just as the patient is trying to leave the hospital.’

This article appeared on the Economist.com blog, Washington on the 12th January 2009.
Link to article

Related Links
Nick Bloom webpage
Productivity and Innovation webpage


News Posted: 12/01/2009      [Back to the Top]

Zeit online

Der Schock sitzt tief

Die Krise der Weltwirtschaft zieht Deutschland hinab. Wie lange die globale Rezession anhält, ist ungewiss. Für drei US-Ökonomen ist das ein Grund zur Hoffnung.
Article by Von Philip Faigle on paper by Nick Bloom and Max Floetotto, regarding uncertainty and the recession.

This article appeared in Zeit online on January 11, 2009
Link to article

Related Publications
‘The Impact of Uncertainty Shocks: Firm Level Estimation and a 9/11 Simulation’ by Nick Bloom, Centre for Economic Performance Discussion Paper No.718, March 2006
'Will the Credit Crunch Lead to Recession?' by Nick Bloom. Article in CentrePiece, Volume 13, Issue 1 Spring 2008
'The Recession Will Be Over Sooner Than You Think' by Nick Bloom and Max Floetotto. Article forthcoming in CentrePiece, Volume 13, Issue 3, Winter 2008/9

Related Links
Nick Bloom webpage
Productivity and Innovation Programme webpage

News Posted: 11/01/2009      [Back to the Top]

The Daily Telegraph

Six ways to get the economic motor running

Economists, including Linda Yueh, associate at CEP, tell Edmund Conway what they would do to fix the financial crisis.

This article appeared in the Daily Telegraph on the 10th January 2009.
Link to article.

Related Links
Linda Yueh webpage
Globalisation Programme webpage

News Posted: 10/01/2009      [Back to the Top]

The Guardian

The crunch generation

Professor Peter Dolton of Royal Holloway, University of London, and the London School of Economics’ Centre for the Economics of Education, notes fewer graduates now take vocational courses, leaving them open to uncertainties of the current jobs market.

This article appeared in the Guardian on the 10th January 2009.
Link to article.

Related Links
Peter Dolton wepage
Centre for the Economics of Education webpage


News Posted: 10/01/2009      [Back to the Top]

The Guardian

The rate cut wasn't big enough

Column by Tom Cunningham (CEP) on how the Bank of England’s inflation targeting charter has led to some strange monetary policy decisions.

This article appeared in the Guardian on the 9th January 2009.
Link to article.

Related Links
Tom Cunningham webpage
Macro Programme webpage


News Posted: 09/01/2009      [Back to the Top]

The FINANCIAL Tbilisi, Georgia

LSE professor awarded knighthood

Professor Venables, now an associate in the Centre for Economic Performance was awarded a CBE in the Queen’s New Years Honours List 2009.

This article appeared in The FINANCIAL, Georgia on the 8th January 2009.
Link to article.

Related Links
Tony Venables webpage
Globalisation Programme webpage


News Posted: 08/01/2009      [Back to the Top]

Wall Street Journal blog

'Real Time Economics'

As details emerge about the incoming Obama administration’s stimulus plans, Peter Boone and Simon Johnson argue that proposals should be even bolder. Boone is chairman of Effective Intervention, a U.K.-based charity, and a research associate at the Centre for Economic Performance , London School of Economics.

This article appeared in Wall Street Journal Blogs on the 7th January 2009.
Link to article.

Related Links
Peter Boone webpage
Intervention Economics Programme webpage
Globalisation Programme webpage webpage


News Posted: 07/01/2009      [Back to the Top]

BBC World Service Radio

Analysis

Dr Tim Leunig, commented in a slot about protectionism.

This interview was broadcast on BBC World Serice Radio on the 6th January 2009.
[no link avaliable]

Related Links
Tim Leunig webpage
Globalisation Programme webpage


News Posted: 06/01/2009      [Back to the Top]

CNBC

Europe tonight

Linda Yueh interviewed to discuss unemployment in China.

This interview was broadcast on the 6th January 2009.
[No link avaliable]

Related Links
Linda Yueh webpage
Globalsation programme webpage


News Posted: 06/01/2009      [Back to the Top]

The Guardian

Not a question of faith

Control over admissions is what makes a difference to a school, writes Peter Wilby. Unfortunately, there is not a scrap of evidence that the success of church or other faith schools has anything to do with religious teaching, moral ethos or principled commitment to equality. All the research, mostly from the London School of Economics, shows the schools' apparent success is almost entirely explained by the characteristics of the pupils who attend them.

This article apperared in the Guardian on the 6th January 2009.
Link to article.

Related Publications
‘Faith Primary Schools: Better Schools or Better Pupils?’, by Steve Gibbons and Olmo Silva, Centre for the Economics of Education (CEE) Discussion Paper No.72 , November 2006.

Related Links
Sandra McNally webpage
Steve Gibbons webpage
Olmo Silva webpage webpage
Education and Skills Programme webpage


News Posted: 06/01/2009      [Back to the Top]

Voice of America (Mandarin Service)

Current Affairs

Linda Yueh interviewed on the increased convertibility of the Chinese RMB.

This interview was broadcast on Voice of America the 5th January 2009.
No link avaliable.

Related Links
Linda Yueh webpage
Globalisation Programme webpage

News Posted: 05/01/2009      [Back to the Top]

CNN 'Business International'

China's year in review

Linda Yueh spoke on a year-end assessment of the Chinese economy.

This interview was broadcast on the 2nd January 2009.
Link to article.

Related Links
Linda Yueh webpage
Globalisation Programme webpage

Also interviewed on World Business Report

News Posted: 02/01/2009      [Back to the Top]

Financial Times

Darling wins backing for his tax cuts

Economic Survey 2009. Fiscal Policy. John Van Reenen of the Centre for Economic Performance at the London School of Economics critical of new Treasury rules on government spending.

This article appeared in the Financial Times on the 2nd January 2009.
Link to article

Related Publications
John Van Reenen webpage
Productivity and Innovation webpage


News Posted: 02/01/2009      [Back to the Top]

Financial Times

Joblessness peak set to near 3m

Economic Outlook 2009. Unemployment is likely to rise to near 3m, adding 1m people to dole queues and returning the country to a position not seen since the early 1990s. Tim Leunig of the London School of Economics said: "People aged over 50 who lose their job may well not get another one, and certainly not one on their current wage rates."

This article appeared in the Finanical Times on the 2nd January 2009.
Link to article.

Related Links
Tim Leunig webpage
Globalisation Programme webpage


News Posted: 02/01/2009      [Back to the Top]

The Guardian

2009 brings harsh choices over the future of capitalism

In his column, Timothy Garton Ash says Paul Krugman promises us months of "economic hell". He also says that Richard Layard has written an interesting book, Happiness: Lessons from New Science. Is this what Freidrich Nietzsche meant by "the gay science"?

This article appeared in the The Guardian on the 1st January 2009.
Link to article.

Related Publications
Happiness: Lessons from a New Science Details

Related Links
Richard Layard webpage
Wellbeing Programme webpage
Happiness Research webpage

Also appeared in:
derStandard.at - Wien,Austria Link to article
Globe and Mail - Toronto, Ontario, Canada [No link available to article]
Eesti Päevaleht Online - Tallinn,Harjumaa,Estonia Link to article

News Posted: 01/01/2009      [Back to the Top]