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Policy Brief n.32 - The Fallacy of r – g

The empirical evidence does not confirm the hypothesis that the public debt tends to be more stable in countries where the (real) interest rate is systematically lower than (real) growth. On the contrary. A policy Brief by Lorenzo Bini Smaghi

The Geopolitics of Trump’s Inauguration Speech

The geopolitical references in the inaugural address of the new US President are striking because they align closely with the concept of “classic geopolitics”—a vision of politics and international relations as an aggressive, zero-sum game. A comment...

Gorodnichenko Yuriy

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Yuriy Gorodnichenko
Yuriy Gorodnichenko

Yuriy Gorodnichenko is Quantedge Presidential Professor in the Department of Economics at the University of California at Berkeley, Editor of American Economic Review, and Director of Ukraine Initiative at the Centre for Economic Policy and Research (CEPR).

The Musk Effect on the Payment System

In a world where the number of smartphones is nearing that of people, and each device typically hosts two or three payment applications, the added value of X's new tool is limited

Why IEP@BU Is Leaving X for Substack

IEP@BU seeks to foster discussions—even on the most divisive topics—that are firmly rooted in data and rigorous analysis of empirical evidence

Proctor, Joseph Christopher

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J.C. Proctor
Joseph Christopher Proctor
J.Christopher Proctor is a researcher at the Institute for European Policymaking at Bocconi University (IEP@BU) studying the macroeconomics of decarbonization and the energy transition with the use of integrated assessment models.
He has a joint PhD from the Sorbonne University Alliance (University of Technology of Compiègne) and Roma Tre University, and degrees from Kingston University London, University Sorbonne Paris Nord, and the University of Tulsa. He is an editor of Rethinking Economics: An Introduction to Pluralist Economics.