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Academic Insights for the Thinking World

Cambridge Journal of Economics

Inequality and economics: let’s go back to Adam Smith

Although the issue of economic inequality has long been neglected by economists, it has become increasingly important in academic and public debate over the past decade. International institutions long considered pro-liberal, such as the OECD and the IMF, are now openly calling on governments to take redistributive and tax justice measures to enable more inclusive and equitable growth.

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Socio-Economic Review

Cybervetting in hiring: the hunt for moral performances

In roughly 7 out of 10 workplaces in the US, HR professionals use cybervetting to get to “know a person” beyond information provided on a resume. But what are cybervetters really attempting to learn, what inferences do they make, and what does any of this have to do with how a candidate will perform on the job?

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Fading signs of son preference

Son preference is a phenomenon that has strong historical roots in many western and non-western cultures. The positions of men and women in modern societies are becoming more aligned. In this context, it is natural to ask whether son preference is yet another social phenomenon that is losing its historical ground. Could it even be that in some domains of life such preference is already a thing of the past?

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Respecting property takes two

A claim of “This is mine!” is not the end of property. If it were, then property would be as purely subjective as “I want this” is. Rather, property requires that people other than me also know the circumstances of when my claim of “Mine!” is indeed true.

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Beer: A Global Journey through the Past and Present

Ten refreshing books to read for National Beer Day [reading list]

Beer is one of the world’s oldest produced alcoholic beverages and since its invention some 13,000 years ago, people across the globe have been brewing, consuming, and even worshiping this amber nectar. Whether you prefer a pale ale, wheat beer, stout, or lager, from the cask or a humble bottle, beer enthusiasts can agree that the topic of beer is as complex as its taste.

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SHAPE today and tomorrow: Q&A with Sophie Goldsworthy and Julia Black (part two)

This second part of our Q&A with Sophie Goldsworthy, Director of Content Strategy & Acquisitions at OUP, and Professor Julia Black CBE FCA, Strategic Director of Innovation and Professor of Law at the London School of Economics and Political Science, and President-elect of the British Academy, reflects on how SHAPE disciplines can help us to understand the impact of the events of the pandemic and look towards the future of SHAPE.

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Review of Finance

The horizontal agency problem and how China deals with it

Economies cannot grow unless they have well-functioning stock markets. Up until now, China was a striking exception to this rule. However, for China’s growth to continue, it recognizes that a well-functioning stock market must play a major role. Therefore, two important questions are the following. First, what is the nature of the agency problem in China? Second, what is the potential solution to this problem?

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Introducing SHAPE: Q&A with Sophie Goldsworthy and Julia Black (part one)

OUP is excited to support the newly created SHAPE initiative—Social Sciences, Humanities, and the Arts for People and the Economy. SHAPE has been coined to enable us to clearly communicate the value that these disciplines bring to not only enriching the world in which we live, but also enhancing our understanding of it. In the first instalment this two-part Q&A, we spoke to Sophie Goldsworthy and Professor Julia Black to find out more about SHAPE and what it means to them.

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Journal of the European Economic Association

The importance of occupational skills in understanding why individuals migrate

Why do some individuals move to another country, while others don’t? This question is fundamental because it has important implications for the characteristics of migrants, for the speed of integration of migrants into the destination country’s labor market, and, more generally, for the impact of migration on the sending and destination country.

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The emerging economic themes of the COVID-19 pandemic

The COVID-19 pandemic has created both a medical crisis and an economic crisis. The tasks currently facing policy-makers are extraordinary. The ideas, arguments, and proposals in a new special issue of OxREP are intended to support them in that urgent work.

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Why do humans have property?

Property is a rather old subject. We’ve been writing about it since at least the time of the Sumerian tablets, in part, because after four and a half millennia we still haven’t settled on what property is, who has it, how we get it, or even what it’s for.

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Strategy

Six leadership practices that create an agile organisation

Leadership practices play a key role in shaping the form and outcomes of strategy processes in an organisation. As individuals and collectives to whom others pay attention, broader stakeholder attitudes and activities will be influenced by how leaders are perceived to think, talk, and act about strategy. This leadership influence on how strategy happens can […]

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