An assessment of the economic costs of organised crime

In 2012, Paolo Pinotti, Professor of Economics in the University of Bocconi, published a paper titled  “The economic costs of organized crime: evidence from southern Italy”. He reports on the economic consequences of organised crime, focusing on two regions of southern Italy where the presence of criminal organisations is a relatively recent phenomenon. Are the … Continue reading An assessment of the economic costs of organised crime

The power of fear

On 17th January 2019, Colombia woke up with the news that a car bomb had exploded in Bogotá, its capital city. A car had entered the compound of the General Santander police academy, killed 21 people and left 68 injured. The news were striking as many people thought that bomb attacks in urban areas had … Continue reading The power of fear

Subsidies to foreign students and French tuition fees

Higher education is more globalised than ever nowadays. Excellent universities emerge in developing countries and institutions thus face an increasing level of competition to attract the best students from all over the world. At TSE, about half of the students are foreigners. One of the obvious reasons why so many international students seek admission in … Continue reading Subsidies to foreign students and French tuition fees

Why slides are not a good way to teach

Have you ever fallen asleep during a course in which the teacher only uses slides as material? Do not worry, you are not alone. The majority of students cannot fully pay attention if the professor is just pointing at bullet points with a laser pen. This article will discuss why this system is so common … Continue reading Why slides are not a good way to teach

Fake news: Can there be too much information?

In today's world, we receive a crazy amount of information in an instant, via Facebook, Twitter, or any other social media we decide to follow. This situation looks good at first glance as most of the simple economics models assume perfect information and hence, more information should be a good news;  the catch is one … Continue reading Fake news: Can there be too much information?