Oxford University Press's
Academic Insights for the Thinking World

Less-than-universal basic income

Ten years ago, almost no one in the United States had heard of Universal Basic Income (UBI). Today, chances are that the average college graduate has not only heard of the idea, but probably holds a very strong opinion about it.

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How can business leaders add value with intuition in the age of AI? [Long Read]

In a speech to the Economic Club of Washington in 2018, Jeff Bezos described how Amazon made sense of the challenge of if and how to design and implement a loyalty scheme for its customers. This was a highly consequential decision for the business; for some time, Amazon had been searching for an answer to the question: “what would loyalty program for Amazon look like?”
A junior software engineer came up with the idea of fast, free shipping. But a big problem was that shipping is expensive. Also, customers like free shipping, so much so that the big eaters at Amazon’s “buffet” would take advantage by free shipping low-cost items which would not be good for Amazon’s bottom-line. When the Amazon finance team modelled the idea of fast, free shipping the results “didn’t look pretty.” In fact, they were nothing short of “horrifying.”

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Five unexpected things about medical debt

100 million Americans hold medical debt which causes people to forgo or be denied necessary medical care. Luke Messac, a historian and physician, looks at five unexpected things about medical debt.

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The neuroscience of consciousness by the Oxford Comment podcast

Women in sports: Althea Gibson, Billie Jean King, and their legacies [podcast]

Women’s history in sports has in fact been a long series of shocks that have reshaped the world of athletics as well as the possibilities that exist for women everywhere. In episode 80 of The Oxford Comment, we discussed tennis greats Althea Gibson and Billie Jean King and the legacies for women in sports with scholars Ashley Brown and Susan Ware.

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The neuroscience of consciousness by the Oxford Comment podcast

Mind the gap: the growth in economic inequality [podcast]

Amid the current economic crises, how do we recover? How can we address such financial distress and inequity, and how might we go about enacting more permanent resolution? Listen to Christopher Howard and Tom Malleson on The Oxford Comment podcast.

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State lotteries in modern America

The intertwined history of state lotteries and convenience stores

This past summer, millions of Americans were transfixed by the prospect of becoming billionaires. After weeks with no winner, the jackpot for the multi-state lottery game Mega Millions rose to $1.3 billion before being won by an as-yet-unnamed gambler who purchased the winning ticket at a Speedway gas station in Des Plaines, Illinois. Or, more specifically, at the convenience store portion of the gas station, where customers can purchase gas, food, drinks, cigarettes, and, of course, lottery tickets.

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Unexpected Prosperity: How Spain Escaped the Middle Income Trap

Beyond the Anna Karenina principle in economic development

The opening sentence of Tolstoy’s novel Anna Karenina–All happy families are alike; each unhappy family is unhappy in its own way–is popular among development practitioners, who often offer their own version as follows: All rich economies are alike; each poor economy is poor in its own way. This idea, which we can call the Anna Karenina principle of economic development, is meant as a recognition of the value of context and local knowledge.

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Before the UN Sustainable Development Goals

Russia’s invasion of Ukraine is another tragic setback in our efforts at building a sustainable future

To say that wars cause disruption and hardship is stating the painfully obvious. Regardless of attempts—real or professed—at limiting civilian casualties, military conflict always unleashes suffering on the civilian population. History also shows us that the disruptive effect of war also runs deeper and far beyond the geographic limits of fighting with far-reaching consequences for sustainability.

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