Category Archives: Technology

Pandenomics Revisited – Podcast

Back in April 2020, only a few weeks into the Covid-19 pandemic, I published a report entitled “Pandenomics – 15 Ways that Covid-19 could change the world”, with a subsequent spinoff for the CEPR’s VoxEU.  Now that the pandemic is … Continue reading

Posted in Digital, Macroeconomics, Pandemic, Technology, Uncategorized | Leave a comment

GDP – a Digital Remix

  In a recent article for Project Syndicate, I argue that more than a decade after the global financial crisis, macroeconomists have failed to absorb three crucial sets of lessons. The models that most are using are still struggling to … Continue reading

Posted in Economic Growth, Inflation, Macroeconomics, Technology | Tagged , , , , , , , , | 1 Comment

Time for Macroeconomics to be Remastered

A decade on from the financial crisis, economists have still to learn three crucial sets of lessons. Continue reading

Posted in Economic Forecasting, Inequality, Macroeconomics, Politics, Sustainability, Technology | Tagged , , , , , , | Leave a comment

Forecasting is Fallible, But Necessary

In my first piece for Project Syndicate I build on my earlier post on the lessons for economic forecasters.  The subtitle of their post prompted some questions about the usefulness of big data. There’s no doubt that economic forecasters can … Continue reading

Posted in Big Data, Economic Forecasting, Fintech, Innovation, Macro, Macroeconomics, Network economics, Politics, Technology | Tagged , , , , | Leave a comment

Future of Banking – digital disruption, digital diversity

In this video for Oracle, I discuss the future of banking. Digitalisation means that banks will have to figure out how to best use data and combine it creatively with external data sources to provide better and more holistic services to their … Continue reading

Posted in Big Data, Digital, Fintech, Innovation, Network economics, Platforms, Technology, Uncategorized | Tagged , , , , , | Leave a comment

Machine, Platform, Crowd – Book Review

Andrew McAfee and Erik Brynjolfsson have done it again. ‘Machine, Platform, Crowd’ is a lucid and timely exploration of three powerful trends unleashed by the digital revolution. They describe the ‘three rebalancings’: first, as machine learning either complements or supplants … Continue reading

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How our mobiles could make us rich

Our mobiles could help us lead richer lives – this was the bold claim that I made at the recent Ignite conference in London. Based on my earlier post entitled Beyond Mobile Banking, I noted that people already say that … Continue reading

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Driverless Cars – The Route to Richer, Happier Lives

Driverless cars are already a reality. There’s still work to be done on the technology, and big challenges confront their widespread adoption. But there can be little doubt that they promise to be a transformative technology. Apart from boosting output … Continue reading

Posted in Autonomous Vehicles, Driverless Cars, Economic Growth, Inflation, Innovation, Macro, Productivity, Real Estate, Sharing Economy, Technology | Leave a comment

Beyond Mobile Banking – A List of 6 Ways to the Future

Financial markets are in turmoil and many economists are miserable about growth prospects. But tell this to the fintech world. The outlook for mobile banking has never been brighter. Its adoption has been much faster than the internet banking that … Continue reading

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Globalization Disrupted : Will world trade continue to disappoint?

Since the onset of the financial crisis, world trade is no longer growing twice as fast as output. I examine the reasons behind this in this presentation, an updated version of one produced to support a panel debate at a … Continue reading

Posted in Economic Growth, Macro, Macroeconomics, Technology, Uncategorized | Tagged , , , , , , , , , , , , | 2 Comments