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Economic theory suggests that unemployment could affect human capital investment decisions in either direction. The authors use microdata on sixteen year-olds from the U.K. Family Expenditure Survey to examine the effects of household circumstances and regional unemployment rates on early school...
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Regulators and the courts are increasing privacy constraints upon the news media. Journalists and editors are being called to account for their decisions which intrude into the private lives of citizens under the pretext of being in the so-called “public interest”. Judges and self-regulatory...
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The economic crisis that started in 2008 has had a profound impact on the lives of citizens. Millions of people lost their job, saw their life-savings disappear and experienced prolonged financial hardship. The economic crisis has also led a number of OECD governments to introduce austerity...
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Some people make great claims about the advantages to be gained from greater reliance on the private sector for the provision of social protection. Many of the claims for great macroeconomic advantages do not stand up to scrutiny. However, there is some reason hope that private provision might...
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