LSE Business Review

Disruption in the Strait of Hormuz is a global inflation, shipping and growth story - LSE Business Review A short closure of the Strait of Hormuz by Iran is an oil shock. Aa long closure becomes an inflation and growth shock.

The Strait of Hormuz is an “economic clock of war”: a short closure is an oil shock but a long closure becomes an inflation and growth shock. And while strategic oil reserves may buy time they will not make a long war economically harmless.

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How geopolitics disrupts the business – and meaning – of sport - LSE Business Review Conflict spoils both the economics and the cultural power of sporting competition.

Iran will boycott the FIFA World Cup in America this summer. Conflict had already forced Iranian footballers to seek asylum in Australia and left T20 cricketers stranded in India. Geopolitical tensions also undermine the business of sport and sports betting. blogs.lse.ac.uk/businessrevi...

AIs are designed and trained – by men – to be sexist towards women - LSE Business Review From submissive female virtual assistants to a CV-screening tool that downgraded female candidates, big tech has a sexism problem.

From submissive female virtual assistants to a CV-screening tool that downgraded female candidates, big tech has a sexism problem.
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Collective discernment is the missing line on the corporate balance sheet - LSE Business Review Collective discernment is an invisible asset most firms depend on but rarely govern explicitly.

Collective discernment is an invisible asset most firms depend on but rarely govern explicitly.
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Men who are overconfident in financial matters are often less confident about their masculinity - LSE Business Review If men really wanted to show how much they know about financial markets, the best thing they could do would be to invest more like women.

Men who are less confident in their own masculinity overcompensate by making bold decisions and risky investments.

If men really wanted to show how much they know about financial markets, the best thing they could do would be to invest more like women.

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Men who are overconfident in financial matters are often less confident about their masculinity - LSE Business Review If men really wanted to show how much they know about financial markets, the best thing they could do would be to invest more like women.

If men really wanted to show how much they know about financial markets, the best thing they could do would be to invest more like women.

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The three “wicked monsters” of modern capitalism - LSE Business Review Some of the five “giant evils” preventing social progress have been tamed, but the battle is not over. Here are three “wicked monsters” to be tackled next.

In 1942 William Beveridge wrote about five “giant evils” in the way of social and economic progress. In a forthcoming book Sandy Pepper of LSE writes of three “wicked monsters” which are equally destructive of modern society.
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Mediterranean dockworkers are striking to protest against war - LSE Business Review Action targeted the militarisation of commercial ports with dockworkers threatening action to prevent arms being shipped to be used in Gaza. How will they respond to the war in Iran?

Recent labour actions targeted shipments to Gaza and criticised the EU's rearmament plans. But operations by America and Israel against Iran have also drawn condemnation from international labour organisations. If war is prolonged, unions could broaden their focus. blogs.lse.ac.uk/businessrevi...

The new critical minerals race: why the US-China rivalry will be decided in the global south - LSE Business Review Over the past few years, minerals that were once confined to specialist mining circles have moved to the centre of global strategy.

Competition is not occurring only between America and China. It is unfolding across Africa, Southeast Asia and Latin America in countries that possess the minerals essential for the next industrial era.
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Electric vehicles, and industrial policy, could transform African economies - LSE Business Review Africa is now at the helm of a global quest for critical minerals. Countries should follow China’s example of using a “guiding hand” in shaping its economy.

The EV industry could provide a twist on the fortunes of many of countries in Africa – if they can follow China’s example of using a “guiding hand” in shaping their economies.

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With TrumpRx is America reforming its pharmaceutical market, or simply rebranding prices? - LSE Business Review TrumpRX is largely performative and political. If countries want cheaper drugs then procurement reform, generics and supply chains matter more than portals.

TrumpRx aggregates manufacturer discounts and selected offers on prescription medicines. These are then marketed as Donald Trump himself delivering rapid savings for American patients. blogs.lse.ac.uk/businessrevi...

The paradox of narcissism at work: impressive at first, costly over time - LSE Business Review Most research on narcissism at work focuses on the “toxic boss.” But narcissism exists at all levels, and colleagues high in narcissism can place enormous strain on individuals and organisations alike...

People high in narcissism often excel at work: they present well, speak with conviction, self-promote and often self-assured. They stand out in interviews, meetings, project work and performance reviews. But the same traits can become liabilities over time.
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Does artificial intelligence make banks safer? - LSE Business Review Does AI makes banks safer or amplify new forms of risk? How can lessons in innovation-driven economic growth, rewarded in the 2025 Nobel prize in economics, apply to banking?

Although banks use AI extensively, the technology’s implications for risk-taking and financial stability remain poorly understood. This blog investigates whether AI makes banks safer, or whether it amplifies new forms of risk.

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Donald Trump and Gianni Infantino are ruining FIFA and football - LSE Business Review Ahead of the football World Cup this summer the relationship between President Donald Trump and Gianni Infantino has been under the spotlight.

Ahead of the World Cup this summer the relationship between President Donald Trump and Gianni Infantino, the boss of FIFA, has been under the spotlight.

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AI governance must move from “point-in-time” audits to “living” compliance - LSE Business Review The capabilities of AI are moving faster than the capabilities of those tasked with overseeing it. Time for "living compliance"

The financial sector is navigating a dangerous “velocity trap” where the speed of AI-driven business outruns the speed of manual compliance, leading to regulatory failure.

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AI productivity gains should be measured in more than minutes saved - LSE Business Review Productivity gains from AI are commonly measured by in time saved by using the technology. From a Schumpeterian perspective, this is a serious limitation.

Current measurement of AI productivity gains are mostly concerned with time savings and cost reductions, while saying very little about the quality or novelty of what is produced. From a Schumpeterian perspective, this is a serious limitation.

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Are jobs getting better? Reconciling the quantity and quality of jobs in an age of AI - LSE Business Review What impact do minimum wages, technology and flexible working have on labour markets and unemployment?

In response to high youth unemployment figures the British government may delay an increase in the minimum wage for young adults.

Why are young people struggling to find jobs? And what impact do minimum wages, technology and flexible working have on unemployment?

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Australia’s solar waste is piling up – reusing panels could be the key to fixing it - LSE Business Review Reusing old solar panels could cut waste and make solar power more accessible.

More than four million Australian homes have panels on their roofs. But when homeowners upgrade, they wrongly assume that their old panels will no longer work. So most are removed and sent to landfill, undermining the environmental benefits of reusable energy.

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Inside Southeast Asia’s industrialised fraud factories - LSE Business Review An estimated 220,000 people are currently trapped in “scam centres” in Cambodia and Myanmar, forced to coerce strangers into handing over money online.

Around 220,000 people are trapped in “scam centres” in Cambodia and Myanmar, forced to coerce strangers into handing over money online.

@drslazarus.bsky.social describes how economics, politics, organised crime and global business support this horrifying industry.

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Are jobs getting better?: The ability to work from anywhere will redistribute talent around the world - LSE Business Review How "work from anywhere" technology is reversing the brain drain.

How technology and "work from anywhere" employment policies are reversing the brain drain.
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What does “good” EdTech look like – and what do schoolchildren think about it? - LSE Business Review The British government encourages schools to use education technology and AI. But the sector is largely unregulated and its use differs considerably.

British teachers use EdTech extensively. But the sector is largely unregulated and how it is used differs hugely.

What do children think?

Ahead of an event at LSE on 12 February this blog introduces the findings of the Better EdTech Futures for Children project.

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AI tools are helping Mexican workers move into the formal economy - LSE Business Review Apps driven by AI are allowing Mexico’s informal workers to enter the formal economy by giving them access to healthcare, social security and finance.

New apps driven by artificial intelligence are giving informal workers in Mexico access to healthcare, social security and financial services
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How has American trade diplomacy changed under Donald Trump? - LSE Business Review The recent history of American trade diplomacy, and how it is wielded by Donald Trump.

Historically America has pursued three aims: supporting political alliances; building an international trade system that serves its interests; and unilateralism. Donald Trump has placed unilateralism above alliance-based and international economic co-operation.

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Moltbook is social media for AI. The way they interact will surprise you - LSE Business Review When AI evaluates AI, permission beats credentials; relationships beat (existential) philosophy; vulnerability beats polish.A social media platform for AI agents feels like science fiction. AI agents ...

Your brand’s chatbot is building a reputation. Not with customers. With other chatbots.

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Are jobs getting better? “AI has the potential for a massive productivity uplift” - LSE Business Review Fabien Curto Millet, the chief economist at Google, explains his excitement about AI and his scepticism that technology is harming labour markets.

Google's Fabien Curto Millet explains his scepticism that technology is harming labour markets and offers advice to young people entering the AI-economy.
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Meta’s $2 billion purchase of Manus raises concerns over AI valuations - LSE Business Review For investors and policymakers alike, the $2 billion Meta-Manus deal should be read as a warning.

Valuations are increasingly driven by FOMO and optimistic growth narratives rather than sustainable financial fundamentals.

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A trade deal between Canada and China infuriates America - LSE Business Review Closer economic relations between Canada and China will be mutually beneficial. But the two countries will have to tread a careful line not to irritate America.

Closer relations between Canada and China will be mutually beneficial. But the two countries will have to tread a careful line not to irritate America.

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Why public expectations of inflation matter - LSE Business Review Not for the first time the British public was able to predict the latest inflation much more accurately than the Bank of England’s policymakers.

Not for the first time the British public was able to predict the latest inflation much more accurately than the Bank of England’s policymakers.
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What is “fair” pay for a chief executive? - LSE Business Review CEOs are paid for performance not because they refuse to work hard without incentives but because it is human to want to be recognised for a job well done.

Bosses are paid handsomely not because they refuse to work hard without the carrot of an extra yacht, but because they wish to be recognised for a job well done blogs.lse.ac.uk/businessrevi...

When climate discourse outpaces climate action - LSE Business Review Analysis of language used by energy firms reveals a distance between what they say about the energy transition and what they can currently deliver.

Companies are under pressure to communicate their climate strategies. But new analysis reveals a growing distance between what they say about the energy transition and what they currently deliver.
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