Thursday, July 7, 2016

Sensitivity to group size in policy decision-making | VOX, CEPR’s Policy Portal

Sensitivity to group size in policy decision-making | VOX, CEPR’s Policy Portal

Evidence shows that individuals often do not act in a completely selfish manner, but rather take into account the welfare of other parties when making decisions. But how decision-makers trade off costs and benefits when the costs are dispersed among many individuals is unclear. 

Monday, June 27, 2016

Making the Eurozone more resilient: What is needed now and what can wait? | VOX, CEPR’s Policy Portal

Making the Eurozone more resilient: What is needed now and what can wait? | VOX, CEPR’s Policy Portal

Britain voted to leave the EU. This is terrible news for the UK, but it is also bad news for the Eurozone. Brexit opens the door to all sorts of shocks, and dangerous political snowball effects. Now is the time to shore up the Eurozone’s resiliency. The situation is not yet dire, but prompt action is needed. This VoxEU column – which is signed by a wide range of leading economists – identifies what needs to be done soon, and what should also be done but can probably wait if markets are patient. 


Brad DeLong reacts 



Further reaction from Paul Krugman