In regulating digital gold, India should look to Britain - LSE Business Review Investors in India are increasingly keen on digital gold. But the country’s regulatory system does not adequately protect them.

Investors in India are increasingly keen on digital gold. But the country’s regulatory system does not adequately protect them.

blogs.lse.ac.uk/businessrevi...

How to keep empathy sustainable in a world of hybrid, intergenerational work - LSE Business Review The more a manager is relied upon as the emotional stabiliser of the team, the more they are exposed to sustained regulation demands. This risks causing burnout.

Empathic leadership is commonly associated with better employee engagement and lower turnover. But leading with empathy can burn out even the best managers. blogs.lse.ac.uk/businessrevi...

Prediction markets have made uncertainty itself a tradable asset - LSE Business Review Prediction markets do not simply depend on uncertainty. They reward it.

Prediction markets such as Kalshi and Polymarket allow users to trade contracts on elections, interest rates, wars, pandemics and more. More uncertainty leads to more disagreement, more trading and larger markets.
blogs.lse.ac.uk/businessrevi...

In what ways does the Middle East conflict affect global trade and growth? - LSE Business Review Growth had been forecast to slow to just under 2 per cent in 2026, but high energy prices and other disruptions are likely to push that closer to 1.5 per cent.

Higher energy prices are expected to shave around 0.3 percentage points off global growth. The IMF has downgraded its global growth outlook, highlighting broader downside risks from elevated energy costs and geopolitical uncertainty.
blogs.lse.ac.uk/businessrevi...

Despite unprecedented access to data, decision-making in organisations remains contested and uncomfortable. Organisations often respond by doubling down on analytics, seeking ever more refined models. But this can exacerbate the problem.
blogs.lse.ac.uk/businessrevi...

Is it time to resist algorithmic influences? - LSE Business Review Algorithms exploit behavioural biases to capture attention while reinforcing echo chambers and misinformation, especially during politically sensitive times.

Algorithms exploit behavioural biases to capture attention while reinforcing echo chambers and misinformation. “Algorithmic resistance” is essential to safeguard user autonomy.
blogs.lse.ac.uk/businessrevi...

Using college majors to assess the impact of high-skilled immigration in the United States - LSE Business Review High-skilled immigration is a contentious political issue in the United States, in part because its effects on native workers are uncertain.

More than 40 per cent of foreign-born workers in the United States now hold a bachelor’s degree or higher. Yet economists and policymakers continue to debate whether high-skill immigrants help or harm native workers.
blogs.lse.ac.uk/businessrevi...

When feedback becomes a weapon – how organisational incentives silence accountability Organisations use feedback tools to promote fairness and surface risk, but they can protect the powerful and punish those who demand accountability.

Organisations invest heavily in feedback tools to keep workplaces fair and highlight problems early. Yet under real political pressure, these mechanisms often drift from their purpose. Instead of revealing the truth, they stabilise authority and preserve comfort.
blogs.lse.ac.uk/businessrevi...

When firms announce redundancies, who pays for the loss of meaning? - LSE Business Review When corporations announce AI-driven redundancies, they capture efficiency gains for shareholders while transferring social costs to the state.

When corporations announce AI-driven redundancies, they capture efficiency gains for shareholders while transferring social costs to the state. But there is a deeper cost that no one is preparing to address: the loss of meaning.
blogs.lse.ac.uk/businessrevi...

What will it take to revive economic democracy 50 years after the Meidner plan? - LSE Business Review Ahead of the 50th anniversary of the Meidner plan, Neil Warner looks at the prospects for reviving the “third pillar” of democratisation.

Fifty years ago this year, one of the most powerful labour movements in the world adopted an audacious plan to transform the ownership structure of a capitalist economy in an electoral democracy.

blogs.lse.ac.uk/businessrevi...

AI must be designed for the way that people actually use it - LSE Business Review When designing AI for business the critical question is how it fits into real work practices and decision structures.

When designing AI for business the critical question is not only whether a model performs well, but how it fits into real work practices and decision structures.

blogs.lse.ac.uk/businessrevi...

Ageing, inequality and the fight for retirement security - LSE Business Review Our ability to plan for retirement so depends on our wage, age, gender, financial literacy, location and, above all, confidence in investing.

Planning for retirement is one of the biggest financial commitments most people will make in their lifetimes. But our ability to do so depends on our wage, age, gender, financial literacy, location and – above all – confidence in investing.
blogs.lse.ac.uk/businessrevi...

AI personalisation has become the architecture of market trust and co-ordination - LSE Business Review The economic significance of technological personalisation lies in the theoretical adjustments it demands of economic theories of the firm and of markets.

The economic significance of technological personalisation lies not in its capacity to customise decision pathways, but in the theoretical adjustments it demands of economic theories of the firm and of markets.

blogs.lse.ac.uk/businessrevi...

Can the WTO’s ministerial meeting rescue a rules-based international order? - LSE Business Review What are the chances of reform at the WTO’s biennial ministerial meeting?, what are the chances of reform?

This week the World Trade Organisation meets in Cameroon.

The need for reform has long been recognised. But America’s lurch to unilateralism under Donald Trump has raised the stakes.

Change will take time and commitment, both of which are in short supply.

blogs.lse.ac.uk/businessrevi...

When AI sounds right but is wrong – what “strawberry” reveals about the limits of today’s AI - LSE Business Review Large language models have become embedded in everyday processes far faster than even experts expected. But their fluency and usefulness can be misleading.

Ask an LLM how many times the letter “r” appears in the word “strawberry”. For years, many leading models answered “two”, even when they could correctly spell the word.

blogs.lse.ac.uk/businessrevi...

The UK stablecoin is already here – Scottish banknotes - LSE Business Review Scotland has had a stablecoin regime for some time. Its banknotes are testament to the plurality of monies in circulation.

Scottish banknotes offer a reminder that the co-existence of stablecoins with other monies need not be controversial.

blogs.lse.ac.uk/businessrevi...

AI is a misleading tale of hope and fear - LSE Business Review Hype has plagued the subject of technology futures since the birth of commercial computing. AI is no exception. On AI, post-truth is doing us few favours.

Hype has plagued the subject of technology futures since the birth of commercial computing. Artificial intelligence is no exception.
blogs.lse.ac.uk/businessrevi...

What impact is AI having on British firms and the jobs they offer? - LSE Business Review So far, AI is reshaping employment in Britain through gradual restructuring rather than mass displacement.

AI is reshaping employment in Britain through gradual restructuring rather than sudden mass displacement. But while firms benefit from efficiency gains and cost reductions, the implications for labour markets and inequality are substantial.

blogs.lse.ac.uk/businessrevi...

The story of one failed digital transformation - LSE Business Review The story of one 18-month study of the roll out of an AI platform on a Chinese construction site shows why digital transformations fail on the frontline.

Mr Yang gingerly traverses the interlacing pipes on the way to a reinforced concrete column and wipes his brow: “Totally impossible! They even require us to measure the key indices for all walls and columns at the end of each procedure. What are we? Robots?”
blogs.lse.ac.uk/businessrevi...

Feminist financial influencers – a new “marriage” of feminism and capitalism - LSE Business Review Feminist financial influencers promise women empowerment through financial self-help. This may sound liberating but there are hidden costs to their advice.

Feminist financial influencers promise women empowerment through financial self-help. This may sound liberating but there are hidden costs to their advice.

blogs.lse.ac.uk/businessrevi...

Everything you thought you knew about local markets is wrong In retail markets, competition among firms happens “locally”. But what is the right way to define the local geographic market?

The methodologies both researchers and competition authorities use to define local markets are, to put it bluntly, wrong.
blogs.lse.ac.uk/businessrevi...

South-south trade with China is the future of global trade - LSE Business Review China’s trade with the global south, including through its flagship Belt and Road Initiative, is increasingly important to the global economy.

Developing economies presently account for about 45% of global GDP, up from 25% in 2000. A structural shift in the global economic dynamics is quietly taking shape.

blogs.lse.ac.uk/businessrevi...

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.

blogs.lse.ac.uk/businessrevi...

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.
blogs.lse.ac.uk/businessrevi...

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.
blogs.lse.ac.uk/businessrevi...

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.

blogs.lse.ac.uk/businessrevi...

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.

blogs.lse.ac.uk/businessrevi...

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.
blogs.lse.ac.uk/businessrevi...

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...