Friday 30 July 2010

LSE in print

Public will be given the power to veto high council tax rises
The Times, 30/07/2010, p.10, Jill Sherman
Residents will be given new powers to veto council tax rises and stop town halls setting big increases to fund public services, ministers will announce today. Tony Travers, local government spokesman at the LSE said the coalition was effectively forcing councils to set low rises. "This policy will allow the Government to say that this is now a localist issue where local people decide," Mr Travers told the Times.
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Britain plans to give central bank governor more powers to prevent crises
International Herald Tribune, 30/07/2010, p.13, STEPHANIE BAKER ;JENNIFER RYAN BLOOMBERG
To help prevent another financial crisis, the Bank of England will be given greater powers over banks. The FSA is to be split in two with most of its regulatory powers transferring to the Bank under Hector Saints, the current chief exec of the regulator. An LSE-published essay by Sushil Wadhwani, who served on the bank's interest-rate-setting Monetary Policy Committee from 1999 to 2002, is quoted: "Little was done to deal with the bubble, despite public concerns about excessive risk taking, while the response to the crisis was slow, Yet the absence of contrition from the BOE has been surprising.''
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How to win in emerging markets
Investors Chronicle, 30/07/2010, p.18, David Stevenson
Societe Generale quantitative strategist Andrew Lapthorne recommends that investors do not treat all emerging markets the same, saying;"you need to focus on individual markets at different points in a cycle of returns". The LSE's Paul Woolley looks at the role of professional bankers and fund managers in inflating assets prices.
(no link available)

A Combatant in the Battle of Ideas
The Wall Street Journal (Europe), 30/07/2010, p.11, Brendan Simms
Review of a new biography of Ernest Gellner, who became a professor at the LSE and later Cambridge after being forced into exile by Hitler coming to power.

Wanted: more flawed climate legislation
European Voice, 29/07/2010 p9
Opinion piece by Andrés Jonathan Drew from the department of law on what the US and Australia can learn from the European emissions trading scheme.
The full article is available here:|

LSE online

Atomic bomb scientist survived secret nuclear explosion
The Age (Web), 28/07/2010, p.0, Unattributed
Obituary for Manhattan Project physicist Arnold Kramish, who taught courses at the University of California at Los Angeles, the London School of Economics, as well as other institutions.|

Three new ambassadors announced
Barbados Advocate (Web), 29/07/2010, p.0, Unattributed
Two senior officers in the Public Service and a veteran Trade Unionist are Barbados' latest Ambassadors. Minister of Foreign Affairs and Foreign Trade, Senator the Hon. Maxine McClean yesterday announced the appointments of Mr Samuel Chandler and Ms Sandra Phillips as the new Ambassadors of Barbados to Belgium and Venezuela respectively and Mr Joseph Goddard as the new Permanent Representative to the United Nations. Ms Phillips holds a Masters in Development Studies from the London School of Economics and Political Science.|

James Hoggan: International Scientists Confirm Climate Change is "Undeniable"
Huffington Post (Blog), 28/07/2010, p.0, Unattributed
An international team of climate scientists led by the National Oceanic and Atmospheric Administration (NOAA) has confirmed that climate change is "undeniable" and clearly driven by the "human fingerprints" of greenhouse gas emissions. Bob Ward, policy director of the Grantham Institute at the London School of Economics, told the Financial Times: "This confirms that while all of this [Climategate] was going on, the earth was continuing to warm. It shows that Climategate was a distraction, because it took the focus off what the science actually says."|

Indian brand makes it big in Hollywood
Hindustan Times (Web), 29/07/2010, p.0, Unattributed
Feature on the Isharya Indian jewellery brand, founded by Gauri and Radhika Tandon. Gauri, a graduate of London School of Economics, who currently lives in India.|

Exclusive: Employees want financial rewards for innovation but employers are slow on the uptake
Human Resources Magazine UK (Web), 29/07/2010, p.0, Unattributed
Employees want to be financially rewarded for generating ideas for their business but employers are failing to consider innovation when developing their reward strategies. "There is paradox between individualisation and collaboration in business," said Carsten Sorensen, senior lecturer in information systems and innovation at the London School of Economics and Political Science. "There is a nave assumption that collaboration means we all want the same thing but individuals want their own thing in this case reward for their work."

University tuition fees soar for foreign students
Telegraph (Web), 29/07/2010, p.0, Graeme Paton
New figures show students from outside Britain and the EU will pay an average of 10,463 in tuition fees next year a rise of 5.6 per cent. A survey of institutions by Mike Reddin, a former academic at the London School of Economics, shows that average fees for foreign students will top 10,000 for the first time next year.|

Study: Climate change 'undeniable'
CNN (Web), 29/07/2010, p.0, Unattributed
Bob Ward, policy director of the Grantham Institute at the London School of Economics, contributes to an article about research headed by the US National Oceans and Atmospheric Administration, and based on new data not available for the UN's Intergovernmental Panel on Climate Change report of 2007, the target of attacks by skeptics in recent years.

Lebanon's paths to war, Filippo Dionigi
Open Democracy (Web), 29/07/2010, p.0, Unattributed
Filippo Dionigi is a PhD candidate researching Hizbullah at the London School of Economics, writes that the investigation into the assassination of President Rafiq Hariri is just one trigger among many that could lead Lebanon and the wider region to war.|

Time is right to bring back third-level fees and grants
Irish Times (Web), 29/07/2010, p.0, Unattributed
A good educational system, producing bright, motivated students, is a critical part of a strong economy. Notes contribution by London School of Economics economist Nicholas Barr, that what actually had enabled more lower SES students to go on to university was a reform of the secondary school subject and exam system.|

Youth crime book
Professional Security - Jul 29 2010 12:42PM GMT A new book edited by David Smith, visiting professor at the London School of Economics and Political Science, has backed calls for the Government to halve the number of young people taken into custody. A New Response to Youth Crime accompanies the|

The women who choose not to be mothers
BBC News - 29/07/2010
Sociologist Dr Catherine Hakim, of the London School of Economics, has studied voluntary childlessness in the UK and Europe for many years. ...|

LSE on TV/radio

BBC 1 (30 July)
Tony Travers on proposals to give people the chance to veto council tax increases.

CNN (29 July)
Quest means business
Elias Mossialos discusses the strike by truck drivers in Greece.