Does corruption favor economic growth?

As opposed to what many may think, the impact of corruption on growth is still a very controversial question. Key factors such as a country’s political regime, legal structure or governing capacities make this topic a case-by-case issue. However, a large unanimity still considers corruption as a scourge for economic development as it is still … Continue reading Does corruption favor economic growth?

The opportunities and challenges of the hydrogen economy

According to the Intergovernmental Panel on Climate Change (IPCC), in order to limit the global rise of temperatures to below 1.5°C above pre-industrial levels, we should reach carbon neutrality by 2050. In 2016, 70% of greenhouse gas emissions originated from the energy sector, mostly attributable to transportation, buildings and industry. The use of renewable energies … Continue reading The opportunities and challenges of the hydrogen economy

Jump-starting America by Jonathan Gruber and Simon Johnson

It has become well known that the United States is a divided nation: politically with an increasing polarization, economically with more and more inequalities between poor and rich individuals, and geographically with production concentrated in a few major cities. Starting from this observation, two MIT economists, Jonathan Gruber and Simon Johnson, come up with an … Continue reading Jump-starting America by Jonathan Gruber and Simon Johnson

Should prisons be privatised?

"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?