Oxford University Press's
Academic Insights for the Thinking World

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Ballmer overbids by one billion

By Adam Grossman
On Sunday, the NBA approved the sale of the Los Angeles Clippers to former Microsoft CEO Steve Ballmer for $2 billion. From a brand management and crisis perspective, it is easy to see why the NBA wanted to approve this sale as quickly as possible.

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Changing focus

By Richard S. Grossman
For the past half dozen years or so, the first Friday of the month has brought fear and dread to large portions of the United States. This heightened anxiety has nothing to do with the phases of the moon, the expiration of multiple financial derivatives, or concerns about not having a date for the weekend.

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How to change behaviour

By Adam Ferrier
So, recently there was another report from the scientists of the IPCC (Intergovernmental Panel on Climate Change) telling us that climate change (what used to be called global warming) is upon us and there are real changes happening now. The scientists urged us to heed their warning and change our behaviours, and we ignored them in droves.

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Pulling together or tearing apart

By Bruce Currie-Alder Is thinking on international development pulling itself together or tearing itself apart? The phrase ‘international development’ can be problematic, embracing multiple meanings to those inside the business, but often meaningless to those outside of it. On the surface, the Millennium Development Goals and debates towards a post-2015 agenda imply a move towards […]

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Five reasons why Spain has a stubbornly high unemployment rate of 26%

By William Chislett
The Spanish economy roared along like a high-speed train for a decade until it slowed down dramatically in 2008. Only recently has it emerged from a five-year recession. But the jobless rate has tripled to 26% (four times the US level) and will not return to its pre-crisis level for up to a decade. Why is this?

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Restoring our innovation “vision”

What are the optimal conditions for commercializing technology breakthroughs? How can we develop a common framework among universities, government, and businesses for generating fundamentally fresh insights? How can the government maximize the public’s return on research and development investments? Innovation is a important topic in both the public and the private sectors, yet no one can agree the best path forward for it.

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All (European) politics is national

By Jean Pisani-Ferry
At the end of May, 400 million EU citizens will be called to participate in the second-largest direct election in the world (the first being held in India). Since they last went to the polls to elect their parliament, in 2009, Europe has gone through an acute crisis that precipitated several countries deeper into recession than any peacetime shock they had suffered for a century.

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Can we end poverty?

Define poverty as living with two dollars a day or less. Now imagine that governments could put those two dollars and one cent in every poor person’s pocket with little effort and minimal waste. Poverty is finished. Of course, things are more complicated than that. But you get a sense of where modern social policy is going—and what will soon be possible.

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The financial consequences of terrorism

By Andrew Staniforth
Within moments of the terrorist attacks in London on the morning of 7 July 2005, news of the unfolding crisis on public transport had reached traders in the City. The London Stock Exchange index, the FTSE 100, lost 3.5 per cent of its total value within just 90 minutes of the trading session that day as a direct result of the bombings – equivalent to a total de-capitalisation of around £44,000,000,000.

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Sam sells

By Adam Grossman
It is rare for a seventh round National Football League (NFL) draft pick to be at the center of the sports world. Then again, Michael Sam is not an average draft pick. Sam is trying to become the first openly gay player to compete for a NFL team.

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Development theories and economic miracles

By Vladimir Popov
Development thinking in the second half of the twentieth century can hardly be credited for “manufacturing” development success stories. It is difficult, if not impossible, to claim that either the early structuralist models of the Big Push (financing gap and basic needs of the 1950-70s), or neo-liberal ideas of Washington consensus (that dominated the field since the 1980s) have provided crucial inputs to economic miracles in East Asia or elsewhere.

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A conversation on economic democracy with Tom Malleson

How do we address the problem of inequality in capitalist societies? Tom Malleson, the author of After Occupy: Economic Democracy for the 21st Century, argues that by making sure that democracy exists in both our economy and in our government, we may be able to achieve meaningful equality throughout society.

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Can we finally stop worrying about Europe?

By Richard S. Grossman
Because Europe accounts for nearly a quarter of the world’s economic output, this question is important not only to Europeans, but to Africans, Asians, Americans (both North and South), and Australians as well. Those who forecast that the United States’s relatively anemic five-year-old recovery is poised to become stronger almost always include the caveat “unless, of course, Europe implodes.”

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The Oracle of Omaha warns about public pension underfunding

By Edward Zelinsky
As the American public debated the legislation ultimately enacted into law as the American Taxpayer Relief Act of 2012, no person was more influential than the Oracle of Omaha, Warren Buffett. Much attention was given to billionaire Buffett’s complaint that his federal income tax bracket was lower than his secretary’s tax rate. President Obama invoked “the Buffett Rule” to bolster the President’s successful effort for the Act to raise income tax brackets for high income taxpayers.

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Is the planet full?

Is the planet full? Can the world continue to support a growing population estimated to reach 10 billion people by the middle of the century? And how can we harness the benefits of a healthier, wealthier and longer-living population?

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Banning Sterling makes a lot of cents for the NBA

By Adam Grossman
Donald Sterling’s lifetime National Basketball Association (NBA) ban, $2.5 million dollar fine, and potentially forced sale of the Clippers may seem fit in the category of previous owners who received a comparable punishment. Marge Schott was forced to sell the Cincinnati Reds for her anti-Semitic and racist comment while owner of the team.

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