February 28, 2018

Socially Useless? The Crucial Contribution of Finance to Economic Life

Financial firms serve many useful functions which individuals and households could scarcely undertake on their own. These functions include maturity transformation, matching lenders and borrowers at low cost, facilitating the transfer of risk and consumption across time and between people, monitoring, and diversification of investments.
February 5, 2018

London’s Global Reach and the Half a Trillion Dollars Equity Prize

As the world’s leading international financial centre, London faces fascinating opportunities as well as some significant challenges in coming years. This is as a result of Brexit, increased international competition from other global financial centres, such as New York, and the changing face of finance itself.
January 29, 2018

Digital Resellers: the Case for Secondary Ticket Markets

The reselling of tickets for events has a long history, dating back at least to Roman times. Such secondary markets in tickets are no different from other kinds of secondary market, and serve the same purpose: to correct flaws in the initial primary market.
January 25, 2018

Supervising the Tech Giants

The rise of the ‘tech giants’ is, of course, a significant commercial threat to more traditional media, but it also raises some potentially important issues of public policy. These companies have variously been accused of facilitating the spread of ‘fake news’ and extremist material, dodging taxes, and exploiting their market dominance.
November 1, 2017

Health by Stealth: Mandatory Food Reformulation

Food and soft drinks manufacturers are continually reformulating their products and bringing new products to market in response to consumer demand. In recent years, there has been growing interest in mandatory reformulation to reduce the salt, sugar and/or fat content of food.
March 1, 2017

Cheap as Chips: is a Healthy Diet Affordable?

It is widely believed that healthy eating is relatively expensive whereas ‘junk food’ is relatively cheap. This has led to an assumption that poor diets and obesity are directly caused by economic deprivation.

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).