"I believe a big part of our problem is that the very violent inmates, like the three that escaped, [were] sent to private prisons that were just not up to the job”, argued Arizona Attorney General Terry Goddard following the escape of three murderers from Arizona's Kingman private prison on 30 July 2010. According to … Continue reading Should prisons be privatised?
Julien Grenet is a researcher at the CNRS, an Associate Professor at Paris School of Economics, and one of the founders of the Institut des Politiques Publiques. He is specialised in education economics, public economics and market design. He is known by the general public for his participation in the public debate and the vulgarisation … Continue reading Interview with Julien Grenet from PSE
If literature has widely covered collusion in horizontal markets, it has not given enough attention to collusion in vertical markets, and more precisely on how to properly evaluate the impact of cartels on total welfare. As we observe convictions for collusion among prominent manufacturers, economists try to advise authorities on new approaches to … Continue reading Should we use new economic methods to assess the impact of collusion on welfare in vertical markets? The example of the “Yoghurt case”
In recent years, digital technologies have profoundly changed many aspects of our daily lives, from e-commerce to internet search, travel, communication or entertainment consumption. While for the most part these changes have benefited consumers, certain voices have started to speak up against the power and influence of the Big Tech companies - Google, Amazon, Facebook, … Continue reading Should we break-up Big Tech?
Africa: a continent full of colours and great potential, yet suffering from being poorly developed. One way to see it is to have a look on the state of the electricity market in Sub-Saharan Africa. While 87% of the world population have access to electricity in 2016, only 42% of Africans have this privilege, thus … Continue reading From “Dark Continent” to “Sun Continent”: a story of power