GECMagz

When Wall Street drifts from Main Street: Consumption as an anchor for stock prices

Debate over whether buoyant equity markets reflect durable economic gains or a widening gap between Wall Street and Main Street…

7 hours ago

Better work, not always better workers

Professional judgement comes from learning by doing: junior workers in law, medicine, science, engineering, and consulting (among others) master foundational…

7 hours ago

Geopolitical risk is reshaping global finance, one bank loan at a time

Geopolitical tensions are increasingly reshaping the flow of trade, investment and capital flows. This column documents that the same process…

7 hours ago

The cost of not innovating: Frontier AI models, cyber defence, and EU strategic autonomy

The cyber threat landscape changed dramatically in April 2026 with the emergence of frontier AI models from OpenAI and Anthropic.…

4 days ago

Capital inflows boost output, even after accounting for expectations

Emerging market economies that are expected to perform well may attract more foreign capital, making it difficult to establish the…

4 days ago

The smokestack illusion: Who really pays for net zero

Reaching net-zero CO2 emissions by 2050, as prescribed by the Paris Agreement, is hard to imagine without a carbon tax.…

4 days ago

Quantifying financial repression through the lens of portfolio choice: A century of evidence

With public debt at high peacetime levels, how advanced economies can reduce debt burdens is again at the centre of…

1 week ago

Measuring what work generative AI does: Survey evidence versus chat logs

The chat logs of AI companies are often used to measure what work AI actually does. This column uses a…

1 week ago

How data centres affect electricity prices and for whom

Increases in US electricity prices since 2020 have coincided with a sharp rise in demand from data centres. This column…

1 week ago

How minimum wages reshape firms and their productivity from within

How far can minimum wages rise without damaging jobs and output? This column uses evidence from France to show that…

1 week ago