VoxTalks Economics

• S8 Ep55: Overcoming climate agenda fatigue

  Can COP 30 get the green transition back on track? It’s not a great time for international cooperation right now and, with hindsight, was the period from 2017 to 2022 a “golden moment” the climate transition, and was it an opportunity missed? That’s the argument presented by Livio Stracca, Deputy Director General Financial Stability at the European Central Bank, also the chair of NGFS work on climate scenarios. He talks to Tim Phillips about what we can learn from this golden moment, and what can be done this time around to avoid the dangers of what Livio calls “climate agenda fatigue” among both the public and governments. 

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• S8 Ep54: Coalitions of the willing

  In the first of our special episodes from the first Hoffmann Centre / CEPR / ReCIPE Conference, we’re discussing what chances there are of significant multilateral agreements being signed at COP 30 and, given that the chances are low, what plan B might be. Beatrice Weder di Mauro of CEPR, Hoffmann Centre and the Geneva Graduate Institute tells Tim Phillips that, if everyone can’t agree, then coalitions of the willing – climate or finance clubs that offer incentives for the countries that want to join – can agree their own sustainability policies. But what are those incentives? And who will lead?

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• S8 Ep53: The visual politics of Brexit

  A decade ago, the UK voted in a referendum to leave the European Union. It was the culmination of years of partisan arguments over membership. During that time, most newspapers in the UK took strong “leave” or “remain” positions in the stories they wrote. But were they less obviously partisan in their choice of pictures too? Wanyu Chung of University of Birmingham and CEPR was one of a team of researchers that used artificial intelligence to estimate the emotional impact of news images of politicians before and after the Brexit vote. Photo: European Union 2016 - European Parliament

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• S8 Ep52: A hundred lessons from history

  The International Macroeconomic History Online Seminar Series, hosted by CEPR, is turning 100 this month — not years, but episodes. What began as a lockdown experiment has become a global fixture for anyone who believes economics never forgets. In a special edition of VoxTalks Economics, Tim Phillips talks with organisers Nathan Sussman and Rui Esteves of the Geneva Graduate Institute about the moments that shaped the series and what a hundred lessons from history can teach us today. Why does history matter so much to economists? And how can the series help us understand current events?  Nathan’s selection The great demographic reversal https://cepr.org/multimedia/imhos-13-great-demographic-reversal-ageing-societies-waning-inequality-and-inflation Monetary and fiscal history of the US https://cepr.org/multimedia/imhos-81-monetary-and-fiscal-history-united-states-1961-2021 The journey of humanity https://cepr.org/multimedia/imhos-37-journey-humanity Rui’s selection The Smoot-Hawley trade war https://cepr.org/multimedia/imhos-26-smoot-hawley-trade-war Financial sanctions https://cepr.org/multimedia/imhos-59-financial-sanctions-arsenal-democracy-or-feeble-weapon Industrial policy https://cepr.org/multimedia/imhos-93-panel-industrial-policy-history

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• S8 Ep51: A European Carbon Central Bank

  In the second of our episodes based on the topics discussed at the conference “Addressing the Risks and Responses to Climate Overshoot”, organised by the AXA Research Fund, CEPR, and Paris School of Economics, Tim Phillips talks to Matthias Kalkuhl of the University of Potsdam about how to remove carbon from the atmosphere. The innovative technologies that might be able to do this in the future need investment now – so one idea is for firms to buy the right to emit carbon now, as long as they commit to remove carbon when mature technology exists. But to administer this, Europe would need a dedicated Carbon Central Bank. Who would be in charge of it, how would it work, and is any politician brave enough to set it up?

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