Serious investment thinking that doesn’t take itself too seriously.
Our professorial contributors illuminate the latest academic research in real estate and economic policy
Back in July, I was invited to give a keynote speech at an international conference we hosted in Cambridge. In it, I took the opportunity to look back at Cambridge economics a hundred years ago; 1920s Cambridge economics means Keynes, of course. The 1923 book “A Tract on Monetary Reform” contains...
Despite the pandemic, restrictive government policies, and the worst economic contraction in history, US household net worth rose again in the fourth quarter to a new record....
This article was originally published in August 2020. There is no doubt that California is in a big fiscal hole. It relies heavily on income taxes from wealthy taxpayers making...
Nicholas Kristof is elated. Of course, there lies the problem with elation found in the overly emotional. It’s not always grounded in reality. To see why, consider what has...
The prevailing build-to-rent (BTR) model has been seen in various jurisdictions across the US, UK, Canada, Japan, Australia and Singapore in recent years. This unique format has...
During the early 20th century, ‘natural’ ice was in decline. ‘Artificial’ or ‘manufactured’ ice was taking its place. Men continued to carve ice out of ponds and lakes during the...
Private real estate partnerships tend to outperform institutional real estate investments by a significant margin for several reasons. First, they include a greater proportion of...
For decades, those of us sceptical of our central banks’ monetary experiments have tried to punish them for their excesses – rein them in, have them follow a stated rule, or at...
This article was originally published in September 2020. Around 15 million people work in around 410 million m² of office space in Germany. Although many people used to work...
David Attenborough, a well-known BBC film presenter and climate activist, has a fantastic quote about growth and economists. It’s so captivating that I suspect it lies at the...