Showing 1 - 10 of 57
It's the economic history, stupid
Oped, Iker Saitua, Published on 14/01/2026
» Every year, I walk into a first-year lecture hall in Bilbao at the University of the Basque Country (EHU) and watch shoulders slump. The title of the course I'm teaching -- "Economic History" -- draws a similarly dejected reaction from my students: "Meh." "Boooring." "What's this even for?" Some call it "the history class", as if it belonged to another century.
Institutional redesign in order for economic change
News, Diane Coyle, Published on 30/12/2025
» The Nobel Prize in economics was awarded both this year and last year to scholars who, in different ways, emphasised the importance of institutions to economic growth.
Trickery in the land of tavern trivia
Published on 23/11/2025
» The world of pub quizzes was shaken in Britain recently when a team at The Barking Dog pub in Manchester was kicked out for cheating. Although disputes may occasionally occur in such quizzes it doesn't usually come down to such strong disciplinary action. However the team involved was believed to be clearly in breach of trivia etiquette.
The effects of unfinished momentum
News, Peerasit Kamnuansilpa, Published on 08/11/2025
» Why do some nations surge confidently into the future while others advance only in half-steps, not declining but not accelerating either? In their influential book Why Nations Fail (first published in 2012), Daron Acemoglu -- now a Nobel Prize economist -- and James Robinson, both economists and political scientists at the University of Chicago, offer a helpful lens for understanding Thailand's development path without casting blame or provoking division.
A magician from the trenches of war
Roger Crutchley, Published on 07/09/2025
» Last month PostScript mentioned the strange phenomenon of how the 1950s British ventriloquist Peter Brough and his schoolboy dummy Archie Andrews had a successful radio show called Educating Archie. Although Brough's ventriloquist skills was a visual art and seemed wasted on radio it didn't appear to bother listeners.
What's to blame for inequality?
Oped, Keun Lee, Published on 01/09/2025
» Over a decade ago, Nobel laureates Daron Acemoglu and James A Robinson, together with their co-author Thierry Verdier, contrasted America's "cutthroat" brand of capitalism with Western Europe's "cuddly" version. The qualities that make cutthroat capitalism more conducive to innovation, they argued, also lead to higher levels of inequality, while cuddly reward structures tend to lead to lower growth and higher welfare. Today, inequality is soaring, notably in the United States. Do policies aimed at boosting innovation risk making a bad situation worse?
Recalling a world of dots and dashes
Roger Crutchley, Published on 04/05/2025
» I forgot to mention in PostScript last week that Sunday, April 27, was Morse Code Day which marks the birth of Samuel Morse, inventor of the famous communications code. The reason for my interest is that it brings fond memories of the late 1960s when I worked at Cable and Wireless (C&W) communications company in Holborn, central London.
Remembering a journo like no other
Oped, Thitinan Pongsudhirak, Published on 04/04/2025
» Gwen Robinson was a quintessential journalist who probed for the best scoop and pried for the juiciest gossip, an old-style old hand the likes of which we are unlikely to see again. In the new contentious era of geopolitical conflict and geoeconomic tension underpinned by American economic nationalism, Robinson's journalist craft over more than four decades explaining and linking Asia and the West will be sorely missed.
I heard it on the radio, a long time ago
Roger Crutchley, Published on 23/03/2025
» News reports suggest the future of Voice of America (VOA) is seriously in doubt. I haven’t listened to VOA in five decades but there was a time I tuned in during my teenage years back in the Stone Age. It might seem strange for a spotty English kid to switch on VOA so I will attempt to explain.
It's time to jive on the old six-five
Roger Crutchley, Published on 16/02/2025
» Today is Feb 16, admittedly not a date that would resonate amongst most people. But this day 68 years ago witnessed the first time British television launched a programme dedicated to pop music or rather rock-and-roll. Not exactly earth-shattering news, but it was a start.