Clark Center Forum

About the Clark Center Forum

The Forum for the Kent A. Clark Center for Global Markets is home to the European, Finance, and US Economic Experts Panels as well as a repository of thoughtful, current, and reliable information regarding topics of the day.
Europe

Increasing Returns

Ideas are nonrival, so increasing returns to scale is an essential feature of technological change in a market economy.

 
US

Increasing Returns

Ideas are nonrival, so increasing returns to scale is an essential feature of technological change in a market economy.

 
US

Ride-Sharing Caps

This week's IGM Economic Experts Panel Statements:

A. Capping the number of ride-sharing drivers as is being discussed in New York City, Chicago and London will make the average resident in that city worse off.

B. To achieve a given level of congestion, it would be better to use taxes for driving that vary based on the level of congestion, rather than limiting the number of ride-sharing vehicles. 
Europe

Central Banks and Productivity

This week's IGM European Economic Experts Panel Statement:

Britain’s Labour party recently proposed giving the Bank of England a target of 3% annual labor productivity growth. Consider the following statement:

Central banks cannot significantly increase productivity growth over a ten year horizon, except perhaps by promoting macroeconomic stability. 
US

Central Banks and Productivity

This week's IGM Economic Experts Panel statement:

Britain’s Labour party recently proposed giving the Bank of England a target of 3% annual labor productivity growth. Consider the following statement:
Central banks cannot significantly increase productivity growth over a ten year horizon, except perhaps by promoting macroeconomic stability.