My Republica

Diane Coyle

Diane Coyle is Professor of Public Policy at the University of Cambridge

The Dangers of Data-Based Certainty

Published On: April 15, 2021 07:50 AM NPT By: Diane Coyle

Friends of mine who work in the arts and humanities have started doing something unusual, at least for them: poring over data. This is due to the pandemic, of course. Every day, they check COVID-19 case numbers, how slowly or quickly the R factor is declining, and how many people in our area got vaccinated the day before.

Restoring nature to economics

Published On: February 15, 2021 08:00 AM NPT By: Diane Coyle

Humanity’s relationship with nature will inevitably change in the coming years, and economic policymakers must influence how it changes. Ignorance is no defense.

Taking national investment seriously

Published On: December 20, 2020 09:15 AM NPT By: Diane Coyle

The current health and economic catastrophe arrived little more than a decade after the global financial crisis. If it does not bring about systematic change in policymaking and business, it will be just one of many crises to come.

The key to the productivity puzzle

Published On: October 17, 2020 06:08 AM NPT By: Diane Coyle

The challenge for researchers and policymakers is to understand exactly what coordination is needed to increase productivity, and what actions can achieve this.

COVID-19 and the End of Individualism

Published On: May 10, 2020 03:00 PM NPT By: Diane Coyle

CAMBRIDGE – Aristotle was right. Humans have never been atomized individuals, but rather social beings whose every decision affects other people. And now the COVID-19 pandemic is driving home this fundamental point: each of us is morally responsible for the infection risks we pose to others through our own behavior.

Now or Never

Published On: March 1, 2020 09:57 AM NPT By: Diane Coyle

CAMBRIDGE – Everybody seems to agree that data will play a fundamental role in the economy of the future, whether through health discoveries, smart energy grids, autonomous vehicles, or other areas of innovation. The problem is that nobody knows precisely how the new forms of economic value will be created, who will benefit, or what the regulatory response should be. In addition to enthusiasm about the power of big data, there are growing concerns about its potential to be abused, including in the case of facial recognition and other applications that involve a significant erosion of privacy.

End of Free-Market Paradigm

Published On: January 15, 2020 08:29 AM NPT By: Diane Coyle

CAMBRIDGE – The 2020s will be the decade when the idea that economic problems can be “left to the market” to solve is finally put to rest—after some 40 years during which that belief has caused untold damage to society and the environment.

Rethinking productivity

Published On: November 13, 2019 09:48 AM NPT By: Diane Coyle

In much of today’s global economy, even the production of tangible goods is shaped by a growing number of intangible factors

Puzzle of economic progress

Published On: August 14, 2019 12:30 AM NPT By: Diane Coyle

What do we actually mean by “progress”? How should it be measured and monitored, and who experiences it?

Why economics must go digital

Published On: June 11, 2019 01:00 AM NPT By: Diane Coyle

As several recent reports have pointed out, the digital economy poses a problem for competition policy

How market betrays economies

Published On: April 11, 2019 12:30 AM NPT By: Diane Coyle

Income inequality is near historic highs, wealth inequality is even higher, and economic insecurity is widespread

What will succeed GDP?

Published On: March 3, 2019 01:30 AM NPT By: Diane Coyle

GDP may be toppling from its throne, but there is a long way to go before another composite indicator is crowned in its place

Lies, damned lies, and AI

Published On: December 16, 2018 12:20 AM NPT By: Diane Coyle

By taking existing structures and processes to their logical extremes, artificial intelligence (AI) is forcing us to confront the kind of society we have created

Can investments be efficient?

Published On: October 14, 2018 01:30 AM NPT By: Diane Coyle

At a time when protectionism is on the rise, the risk of trade disruptions is only increasing

Three cheers for regulation

Published On: July 22, 2018 01:00 AM NPT By: Diane Coyle

Contrary to the simplistic view that regulation is inevitably bad for business, there are channels through which regulation can benefit an economy