The Conversation

Jue 06/10/2022

The big reason Florida insurance companies are failing isn’t just hurricane risk – it’s fraud and lawsuits

(Shahid S. Hamid, Florida International University) Hurricane Ian’s widespread damage is another disaster for Florida’s already shaky insurance industry. Even though home insurance rates in Florida are nearly triple the national average, insurers have been losing money. Six have failed since January 2022. Now, insured losses from Ian are estimated to exceed US$40 billion

 

Jue 06/10/2022

Europe has never had a global voice – but that may be changing with rise of digital media

(Liam Kennedy, University College Dublin) An oft-quoted question attributed (probably wrongly) to the former US secretary of state, Henry Kissinger: “Who do I call if I want to speak to Europe?”, still resonates as an indication of Europe’s lack of unity and leadership. It also signals a disconnect in transatlantic communications that is due, in part, to the lack of a pan-European media system that engages a broad continental audience.

  • (Liam Kennedy, University College Dublin) An oft-quoted question attributed (probably wrongly) to the former US secretary of state, Henry Kissinger: “Who do I call if I want to speak to Europe?”, still resonates as an indication of Europe’s lack of unity and leadership. It also signals a disconnect in transatlantic communications that is due, in part, to the lack of a pan-European media system that engages a broad continental audience.

Lun 26/09/2022

Patagonia’s founder has given his company away to fight climate change and advance conservation: 5 questions answered

(Ash Enrici, Indiana University) Patagonia founder Yvon Chouinard, his wife and their two adult children have irrevocably transferred their ownership of the outdoor apparel company to a set of trusts and nonprofit organizations.

 

  • (Ash Enrici, Indiana University) Patagonia founder Yvon Chouinard, his wife and their two adult children have irrevocably transferred their ownership of the outdoor apparel company to a set of trusts and nonprofit organizations.

     

Lun 12/09/2022

Quiet quitting is a new name for an old method of industrial action

(Jonathan Lord, University of Salford) The average UK worker now carries out approximately 22 days’ worth of overtime a year. Meanwhile, inflation is at a 40-year high of 10.1%, and real pay is dropping 2.8% – the fastest decline since records began in 2001.

07/09/2022

Gen Z smartphone addiction can boost compulsive buying – but businesses can help them kick the shopping habit

(Nisreen Ameen, Royal Holloway University of London) People born between the mid-1990s and early 2010s – so-called generation Z – face many financial challenges, from more expensive housing to lower wages. Many are already delaying life plans such as buying a home and saving for retirement as a result. But recent research on the connection between smartphone addiction and compulsive buying behaviour in this age group shows the potential for even more financial damage.

 

Jue 01/09/2022

Making EVs without China’s supply chain is hard, but not impossible – 3 supply chain experts outline a strategy

(Ho-Yin Mak, Georgetown University; Christopher S. Tang, University of California, Los Angeles, and Tinglong Dai, Johns Hopkins University) Two electrifying moves in recent weeks have the potential to ignite electric vehicle demand in the United States. First, Congress passed the Inflation Reduction Act, expanding federal tax rebates for EV purchases. Then California approved rules to ban the sale of new gasoline-powered cars by 2035.

Lun 22/08/2022

Will the Inflation Reduction Act actually reduce inflation? How will the corporate minimum tax work? An economist has answers

(Nirupama Rao, University of Michigan) The U.S. is about to spend US$490 billion over 10 years on reducing greenhouse gas emissions, improving health care and reducing the federal deficit. Where’s all that money coming from?

 

Mar 16/08/2022

Computer chips: while US and EU invest to challenge Asia, the UK industry is in mortal danger

(Andrew Johnston, Coventry University and Robert Huggins, Cardiff University) US semiconductor giant Micron is to invest US$40 billion (£33 billion) during the 2020s in chip manufacturing in America, creating 40,000 jobs. This is on the back of incentives in the recent US Chips Act, which has also unlocked major investments from fellow US players Intel and Qualcomm.

 

10/08/2022

The climate bill could short-circuit EV tax credits, making qualifying for them nearly impossible

(James Morton Turner, Wellesley College) The U.S. Senate passed a far-reaching climate, energy and health care bill on Aug. 7, 2022, that invests an unprecedented US$370 billion in energy and climate programs over the next 10 years – including incentives to expand renewable energy and electric vehicles.

 

Jue 04/08/2022

What are automotive ‘over-the-air’ updates? A marketing professor explains

(Vivek Astvansh, Indiana University) Whenever automakers discover that a vehicle has a defect or does not comply with U.S. laws, they must notify the National Highway Traffic Safety Administration and mail a notice to each customer who owns or leases the affected vehicles. Automakers must also recall those cars, trucks or SUVs – which means they have to fix the defect across the entire fleet.

 

  • (Vivek Astvansh, Indiana University) Whenever automakers discover that a vehicle has a defect or does not comply with U.S. laws, they must notify the National Highway Traffic Safety Administration and mail a notice to each customer who owns or leases the affected vehicles. Automakers must also recall those cars, trucks or SUVs – which means they have to fix the defect across the entire fleet.

     

Jue 28/07/2022

Tech firms face more regulation after moves to stop ‘killer’ acquisitions – but innovation could also be under threat

(Renaud Foucart, Lancaster University) One way to eliminate the competition in business is simply to buy them out and shut them down. And that means less choice for consumers and sometimes the loss of innovative and, in the case of the pharmaceutical industry, even life-saving products. But such so-called killer acquisitions are likely to face greater scrutiny in the US and EU following a recent expansion of competition regulators’ powers.

  • (Renaud Foucart, Lancaster University) One way to eliminate the competition in business is simply to buy them out and shut them down. And that means less choice for consumers and sometimes the loss of innovative and, in the case of the pharmaceutical industry, even life-saving products. But such so-called killer acquisitions are likely to face greater scrutiny in the US and EU following a recent expansion of competition regulators’ powers.