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The Sound of Economics

Sound Money Economics System was a fringe political party in Manitoba, Canada, during the provincial election of 1941.

Articles by The Sound of Economics

The EU’s plan to catch up on artificial intelligence

3 days ago

While the US and China have been setting the pace when it comes to Artificial Intelligence, the European Union seems to be lagging behind. What are the Commission’s plans to finally catch up? Will AI increase the gap between big and small companies? This week, Nicholas Barrett is joined by Julia Anderson and Guntram Wolff to discuss the EU’s plan for AI. By: The Sound of Economics Date: February 14, 2020 Topic: Innovation & Competition Policy

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Industrial revolutions might not be as fun as they look

12 days ago

AI promises a new industrial revolution but history warns us that industrial revolutions aren’t always that fun for people in the eye of the storm. This week, Nicholas Barrett and Maria Demertzis spoke with Dr. Carl Frey, author of the book "The technology trap: capital, labor, and power in the age of automation", and Robert D. Atkinson, President of Information Technology and Innovation Foundation (ITIF), about how artificial intelligence will affect the job market. By: The Sound of Economics Date: February 5, 2020 Topic: Innovation & Competition Policy

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The science of Brexit

19 days ago

On Saturday morning, the United Kingdom will wake up outside the European Union. After 37 years of collaboration, how will Brexit affect research and innovation in Europe and in the UK? What should be the next steps undertaken by both in order to maintain the same level of cooperation? This week, Nicholas Barrett is joined by Maria Demertzis, Guntram Wolff and Michael Leigh, Senior Adjunct Professor of European Studies at the Johns Hopkins University, to discuss a post-Brexit agreement for research and innovation. By: The Sound of Economics Date: January 29, 2020 Topic: European Macroeconomics & Governance

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AI in Europe: a conversation with Google’s CEO

28 days ago

It seems almost inevitable that Google will be big part of Europe’s future. And Europe will be a huge part of Google’s too. This week, Alphabet, Google’s parent company, hit $1 trillion market cap for the first time. Can Google’s AI be socially beneficial? Are big tech companies intrinsically bad? This week, Guntram Wolff talked to Google and Alphabet’s CEO, Sundar Pichai. By: The Sound of Economics Date: January 20, 2020 Topic: Innovation & Competition Policy

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Paying for the European Green Deal

January 16, 2020

The European Commission has presented its Just Transition Fund to help regions still dependent on fossil fuel as they move towards green energy. But where does the money come from and is it enough to make Europe carbon neutral by 2050? Should the EU re-write its fiscal rules to encourage sustainable investment? And should environmentalists be optimistic? Nicholas Barrett asked Simone Tagliapietra and Grégory Claeys. By: The Sound of Economics Date: January 16, 2020 Topic: Energy & Climate

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Banking after Brexit

January 16, 2020

The state of health in the EU and the digitalisation of health promotionAt this event the general state of health will be discussed as well as the digitalisation in the industry. Speakers: Stefania Boccia, Caroline Costongs, Katarzyna Czabanowska, Zsolt Darvas, Guillaume Dedet, Martin Dorazil, Josep Figueras, Joanna Kokot, Martin Seychell and Michael Strübin Topic: European Macroeconomics & Governance, Innovation & Competition Policy Location: Bruegel, Rue de la Charité 33, 1210 Brussels

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Will Iran disrupt the global economy?

January 6, 2020

Last Friday, Qassem Soleimani, head of the Iranian Revolutionary Guards’ QUDS force, was killed by an American airstrike outside Baghdad airport. The Ayatollah was not pleased and Tehran has promised to retaliate. At the time of recording, the world is still waiting to see how Iran might respond. Some of have speculated that they could disrupt the world’s oil markets by closing the Strait of Hormuz, which acts as a vital artery for around a third of the world’s liquefied natural gas and almost a quarter of the world’s oil. Today, oil prices surpassed $70 and if tension escalates the price is bound to grow. How dependent is the global economy on affordable Middle Eastern fossil fuel? This week, Nicholas Barrett is joined by Maria Demertzis and Niclas Poitiers to discuss how the US-Iran

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A decade to remember (or possibly to forget) for economists

December 20, 2019

2019 is coming to an end and so is the decade. How did economics change the world over the last ten years? And did the world change economics? Which economics books defined the last ten years? And what should we anticipate in the decade to come? Today, Nicholas Barrett discusses the past and the future with Niclas Poitiers and Maria Demertzis. By: The Sound of Economics Date: December 20, 2019 Topic: Global Economics & Governance

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The Sound of Margrethe Vestager

December 19, 2019

Will AI exacerbate the gap between big companies and small ones? Do ordinary Europeans gain anything from having European tech giants? This week, Nicholas Barrett and Guntram Wolff went to the Berlaymont to interview Margrethe Vestager, the Executive Vice President of the European Commission for a Europe Fit for the Digital Age. By: The Sound of Economics Date: December 19, 2019 Topic: European Macroeconomics & Governance

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Capture the nodes

December 16, 2019

How do states exercise power through global economic networks? The multilateral world order is supposed to be harmonious, but by seizing the nodes of production, powerful forces can control access to the global economic system and threaten to lock their rival out. This week, Nicholas Barrett and Guntram Wolff are joined by Henry Farrell, Professor of political science and international affairs at the George Washington University, and Abraham L. Newman, Professor of Government at the Georgetown University, to discuss their theory of weaponised interdependency By: The Sound of Economics Date: December 16, 2019 Topic: Global Economics & Governance

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Appellate Body Politic

December 12, 2019

This week, the WTO’s Appellate Body, the dispute settlement body, became inoperational: it no longer has the necessary number of judges to render verdicts. What does this mean for international trade and multilateralism? Are we now living in a world without dispute settlement? This week, Guntram Wolff is joined by Alan Beattie, the author of the FT’s new Trade Secrets newsletter, and Alicia García-Herrero to discuss the crisis of the Appellate Body. By: The Sound of Economics Date: December 12, 2019 Topic: Global Economics & Governance

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What’s inside the European Green Deal?

December 11, 2019

President Ursula Von der Leyen has presented her European Green Deal before the European Parliament. How will it work? What are its implications? And will it make Europe carbon neutral by 2050? Nicholas Barrett asks  Simone Tagliapietra what’s inside the Green Deal. By: The Sound of Economics Date: December 11, 2019 Topic: Energy & Climate

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Getting post-Brexit trade deals done

December 10, 2019

The UK goes to the polls on Thursday to decide who (and if) they want to "get Brexit done". But, as soon as Britain leaves, it will have 11 months to agree a trade deal with the EU. Is it possible? Nicholas Barrett is joined by Maria Demertzis and Niclas Poitiers to discuss post-Brexit trade deals with the EU and the USA. By: The Sound of Economics Date: December 10, 2019 Topic: European Macroeconomics & Governance

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The Belt and Road anxiety

December 5, 2019

Is the Belt and Road initiative a global development plan or is it just a trade project? How concerned should the international community be with what is called the "project of the century"? This week, Guntram Wolff discusses the Belt and Road Initiative with Prof. He Fang, from the Shanghai Jiao Tong University, Dr. Jing Gu, director of the Centre for Rising Powers and Global Development, and Suman Bery, from Bruegel. By: The Sound of Economics Date: December 5, 2019 Topic: Global Economics & Governance This podcast was recorded in Berlin at the Asia Europe Economic Forum (AEEF)

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The EU-Russia-China energy triangle

November 28, 2019

Russia wants to export more gas to China, should the EU be concerned? This week, Nicholas Barrett is joined by Georg Zachmann to discuss the EU-Russia-China energy triangle. By: The Sound of Economics Date: November 28, 2019 Topic: Energy & Climate View comments

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Ethics and Algorithms

November 20, 2019

Will the EU’s regulations undermine its power of innovation? How can the EU protect its values while harnessing technology? These are some of the questions we discuss with Brent Mittlestadt, from the University of Oxford, and Andre Loesekrug-Pietri, from the Joint European Disruptive Initiative, in our new Sound of Economics podcast. By: The Sound of Economics Date: November 20, 2019 Topic: Innovation & Competition Policy

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Cars, steel and national security: The EU-US trade spat

November 14, 2019

Guntram Wolff is joined by Alan Beattie, the author of the FT’s new Trade Secrets newsletter, and by Andre Sapir, Bruegel’s very own trade expert to discuss President Trump’s tariffs and whether or not they’re working By: The Sound of Economics Date: November 14, 2019 Topic: Global Economics & Governance

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How to make the European Green Deal work (Part Two)

November 14, 2019

Nicholas Barrett and Guntram Wolff discuss industrial policy and the social consequences of the green deal with Grégory Claeys and Simone Tagliapietra.Don’t worry if you missed part one because all of Bruegel’s pillars for a European Green Deal are created equal. This time, Nicholas Barrett and Guntram Wolff discuss industrial policy and the social consequences of the green deal with Grégory Claeys and Simone Tagliapietra. Read the paper in full.

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How to make the European Green Deal work (Part One)

November 7, 2019

What industrial policy for the European Green Deal?This event will be a workshop, aiming to look into the design and implementation process of the European Green Deal. Each session will be introduced by three short presentations aimed at launching the discussion among all workshop participants. Speakers: Jos Delbeke, Bertrand Déprez, Markus Hess, Laura Piovesan, Megan Richards, Simone Tagliapietra, Mary Veronica Tovšak Pleterski, Kurt Vandenberghe and Reinhilde Veugelers Topic: Energy & Climate, European Macroeconomics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: November 4, 2019

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How not to spend it

October 31, 2019

Buying a car, a house or a cryptocurrency has never been easier: with a simple click, digital banking has made financial operations accessible to everyone. But, while Fintech has become widespread, financial literacy does not seem to keep up the pace. This week Maria Demertzis and Nicholas Barrett are joined by Annamaria Lusardi, Denit Trust Endowed Chair of Economics and Accountancy from George Washington University School of Business to discuss financial literacy.Digital banking has made our lives easier, but why are people use mobile banking more likely to be overdrawn? This week Maria Demertzis and Nicholas Barrett are joined by Annamaria Lusardi, Denit Trust Endowed Chair of Economics and Accountancy from George Washington University School of Business to discuss financial literacy

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How to Spend it

October 23, 2019

Can governments make their fiscal policy go further? And are they trusted enough to try? This week The Sound of Economics asks if the quality of public spending is as important as the quantity. By: The Sound of Economics Date: October 23, 2019 Topic: European Macroeconomics & Governance With interest rates so low for so long, central bankers are running out of levers to pull. But perhaps better fiscal policy can help economies grow as well as cutting carbon emissions. Politicians, journalists and economist have spent years bickering about the quantity of public spending in Europe, but the quality of public spending could be just as important. This week’s podcast features Maria Demertzis, Boris Cournede, Francesco Papadia and Nicholas Barrett.

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The Art of the Brexit Deal

October 17, 2019

An emergency Brexit podcast to dissect today’s tentative deal between the EU27 and the British Government, featuring Maria Demertzis, Guntram Wolff and Nicholas Barrett By: The Sound of Economics Date: October 17, 2019 Topic: European Macroeconomics & Governance The British government has reached a deal with the EU27. The agreement is still subject to approval by the British and European parliaments, as well as the European Council. But is it good news for Brussels? How will Britain strike favourable trade deals when all this is over? And, with a new relationship between Brussels, London and the world yet be realised, is this the beginning of the end or just the end of the beginning?

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Brexit: a European Odyssey

October 11, 2019

Nicholas Barrett and Guntram Wolff talk to Kalypso Nicolaïdis, author of Exodus, Reckoning, Sacrifice: Three Meanings of Brexit. Together they discuss the mythology that binds Britain to continental Europe By: The Sound of Economics Date: October 11, 2019 Topic: European Macroeconomics & Governance In June 2016, 17.4 million people voted to leave the European Union. Since then, Brexit has descended into a complicated and polarising melodrama. But beyond the technical and cultural battlefields, what does Brexit actually mean, not just for Britain for the EU too?  And what does it tell us about Brussels?This week, Nicholas Barrett and Guntram Wolff sit down with Kalypso Nicolaïdis, author of Exodus, Reckoning, Sacrifice: Three Meanings of Brexit. Together they discuss the mythology

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Deep Focus: What’s slowing the Mercosur agreement?

September 27, 2019

The EU-Mercosur has been 20 years in the making, but a hostile trading environment, unpredictable government and growing environmental concerns are putting it in peril. Is the deal worth fighting for and can it be saved? And could it become a casualty Brazil’s forest fires?

The European Union and Mercosur – a customs union covering Argentina, Brazil, Paraguay and Uruguay  – have spent two decades negotiating a trade agreement. The gains are modest the ratification process will be anything but easy. Nevertheless, the deal is worth fighting for according to Uri Dadush. This week he joins Nicholas Barrett on our Deep Focus podcast to discuss the perils and process of an agreement that could be as significant to the globe’s climate as it is for the global economy.
Read the latest policy

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Deep Focus: What is a hybrid attack?

September 18, 2019

Hybrid attacks are fast, dynamic and ever-evolving. They can cross borders and span industries. They are best dealt with at the national level, but without international cooperation, nation-states are bound to be overwhelmed. So should hybrid attacks must be repelled by responsive nation-states and by cooperative international bodies. By: The Sound of Economics Date: September 18, 2019 Topic: Innovation & Competition Policy Increasing cyber and hybrid risks will test the European Union’s system of fragmentation on issues of security but centralisation on financial and other economic issues. This asymmetry was not an obstacle in a world in which security threats were more contained or of a different nature. But the world is changing.  But what is a hybrid attack and whose

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Director’s Cut: The Green New Deal

September 11, 2019

In this Director’s Cut of ‘The Sound of Economics’, Guntram Wolff and Simone Tagliapietra discuss the division of tasks for the new EU commissioners, following Ursua Von der Leyen’s announcement of roles on 10th September. They specifically zoom in on the role of the Green Deal, one of the flagship projects of this commission.The layout of the commission has largely changed this year. A key part being that there are now three executive Vice Presidents, driving three main economic issues. Frans Timmermans, responsible for the implementation of the Green Deal; Margrethe Vestager, responsible for the digital age and competition policy and Valdis Dombrovskis, responsible for economy and financial services. The major change being that, in this commission, the Vice Presidents also have their own

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Backstage at BAM19: Designing a competition policy fit for Europe’s needs.

September 5, 2019

Backstage at the Bruegel Annual Meetings, Rebecca Christie talks with Mathew Heim on competition policy. By: The Sound of Economics Date: September 5, 2019 Topic: Innovation & Competition Policy Should competition policy adjust to current concerns and support industrial policy? How can we contextualise long-run consumer welfare? How can we maintain independence and objectivity in enforcement? In this podcast, Rebecca Christie discusses competition policy, with Mathew Heim.

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Backstage at BAM19: How much further reform is needed for the new financial sector?

September 5, 2019

Backstage at the Bruegel Annual Meetings, Rebecca Christie talks with Nicolas Véron on the new financial sector.Is current financial architecture working as intended? If not, can it be fixed at the margin, or does it require holistic overhaul? Can such reforms be envisaged in a way that gives satisfaction to most or all member states? In this podcast, Rebecca Christie discusses financial sector architecture with Nicolas Véron.

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Backstage at BAM19: Enhancing Europe’s economic sovereignty

September 5, 2019

Backstage at the Bruegel Annual Meetings, Nicholas Barrett talks with Jean Pisani-Ferry on Europe’s monetary union. By: The Sound of Economics Date: September 5, 2019 Topic: European Macroeconomics & Governance What can the EU’s incoming leadership do to protect Europe’s economic autonomy in light of America and China’s economic, geopolitical struggle for supremacy? In this podcast, Nicholas Barrett discusses enhancing Europe’s economic sovereignty, with Jean Pisani-Ferry.

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Backstage at BAM19: Priorities for Europe’s monetary union

September 5, 2019

Backstage at the Bruegel Annual Meetings, Nicholas Barrett talks with Zsolt Darvas on Europe’s monetary union. By: The Sound of Economics Date: September 5, 2019 Topic: European Macroeconomics & Governance How complete is Europe’s monetary union? Is the euro area ready for a next recession or an economic crisis? What should be the reform priorities? In this podcast, Nicholas Barrett discusses the priorities for Europe’s monetary union, with Zsolt Darvas.

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