8-10 December 2012

LSE in print

A new paradox found in markets theory
Financial Times, 10/12/2012, p.24, John Plender
The problem, as Paul Woolley and Dimitri Vayanos of the London School of Economics point out, is that because asset owners (principals) delegate the investment task to agents such as fund managers, banks and brokers, there is information asymmetry.* The agents have better information and different objectives from the principals. And the principals find it hard to know whether the agents are competent and diligent.
http://www.ft.com/cms/s/0/8e2ae5b2-3e14-11e2-91cb-00144feabdc0.html#axzz2EdUQezZr|

Major infrastructure projects should follow Olympics' example, says Armitt
The Guardian, 10/12/2012, p.24, Dan Milmo
The panel will deliver an interim report in spring, and final conclusions in the autumn. Referring to the coalition's appointment of Sir Howard Davies, former director of the London School of Economics, to lead an inquiry into airport capacity, Adonis said Armitt's panel should win broad political support. "The coalition clearly recognises that they have a problem in this area [of infrastructure planning] or they would not have set up the Davies review."
http://www.guardian.co.uk/politics/2012/dec/10/infrastructure-projects-free
-meddling-olympics
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World Diary
Financial Times, 10/12/2012, p.28, Simon Greaves
bridge, chess, draughts, go and xiang qi (Chinese chess). THURSDAY 13 Middle East insights A lecture on "Visualising Political Struggle in the Middle East" is to be held at the London School of Economics. Marking the publication of Lina Khatib's latest book, Image Politics in the Middle East: The Role of the Visual in Political Struggle, the lecture focuses on

Hip hotelier looks to life beyond one-night stands
The Sunday Times, 09/12/2012, p.9, John Arlidge
hotels other than a stint on the graveyard shift at a small two-star hotel on the Edgware Road in London when he was a student for six months at the London School of Economics 30 years ago. "I was the only one on duty, so I was security, front desk, gofer, and on one memorable occasion, plumber. It was grim."

Niemeyer had the vision our leaders lack
The Independent, 08/12/2012, p.39, Deyan Sudjic
Thursday morning when I heard of Niemeyer's death. I was in a converted former power station in Hoxton to hear the Prime Minister and the Mayor of London open the LSE's Urban Age conference on the future of the city by announcing a £50m investment by the Government to build Tech City on the site of Silicon Roundabout, east London's
http://www.independent.co.uk/voices/comment/oscar-niemeyer-had-the-vision-our-leaders-lack-8393553.html?origin=internalSearch|

LSE online

Kickstarter community takes hold in Britain
Yahoo! UK and Ireland (Web), 09/12/2012, Unattributed
be part of the community, and you've got to wish other people well," he said. Kickstarter isn't only creators backing other creators. Some, like Alex Clymo, a 24-year-old PhD student at the London School of Economics, have only used Kickstarter to pledge. He made a modest contribution to an iPhone video game developed by two Americans, and will receive a copy of the
http://uk.finance.yahoo.com/news/kickstarter-community-takes-hold-britain-054638698.html|

Banken streichen 300.000 Jobs in 2 Jahren - ’Messer geschärft’ (translate)
Die Welt - Dec 10 at 5:22 GMT
Stellen."Ich erwarte, dass sich der Abbau von Stellen weltweit im Investmentbanking fortsetzt”, erklärte Tom Kirchmaier von der London School of Economics. "Es hat einen strukturellen Wandel im Investmentbanking...
http://www.welt.de/newsticker/bloomberg/article111916620/Banken-streichen-
300-000-Jobs-in-2-Jahren-Messer-geschaerft.html
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Kickstarter punts projects toward goals
CHINAdaily - Dec 10 at 1:22 GMT
Kickstarter isn't only creators backing other creators. Some, like Alex Clymo, a 24-year-old PhD student at the London School of Economics, have only used Kickstarter to pledge. He made a modest contribution...
http://usa.chinadaily.com.cn/life/2012-12/10/content_16001675.htm|

Valuable research study on Sri Lanka’s foreign Policy
Sri Lanka Daily News - Dec 10 at 4:25 GMT
U.K., in 1977. I first read Birty Gajameragedara's doctoral dissertation while on sabbatical leave at the London School of Economics in 1989. Upon realizing the scholarly value of this solid piece of historical...
http://www.dailynews.lk/2012/12/10/fea21.asp|

Clinton scandal a farce: impeaching a President for lying about sex …
Sri Lanka Daily News - Dec 9 at 22:17 GMT
the intern, has gone underground and is said to be living in London after completing studies at the London School of Economics. Betty Currie, the loyal secretary who was dragged into the mess, has since retired...
http://www.dailynews.lk/2012/12/10/fea03.asp|

Die Vermessung der sozialen Welt (translate)
Tagesspiegel - Dec 9 at 10:23 GMT
und darstellbar. In vielen Bereichen bewegen wir uns in Richtung einer „Audit Society“, wie Michael Power von der London School of Economics and Political Science es genannt hat, also einer Kontroll- und Prüfgesellschaft...
http://www.tagesspiegel.de/meinung/wettbewerb-und-gesellschaft-die-
vermessung-der-sozialen-welt/7496342.html
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UN climate talks stumble as scientists raise alarm
Nature - Jeff Tollefson - Dec 9 at 6:46 GMT
Early results of an upcoming analysis by the Global Legislators Organization (GLOBE) and the Grantham Institute at the London School of Economics suggest that significant policies are being adopted at the...
http://blogs.nature.com/news/2012/12/un-climate-talks-stumble-as-scientists
-raise-alarm.html
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'Never mind the patient, tick the box'
BBC (Web), 07/12/2012, Unattributed
inevitable - but this isn't a message anyone wants to hear. Positive change won't happen if we continue to exist in a risk-averse bubble. As Professor Eileen Munro of the London School of Economics put it recently, defensive care practice doesn't avoid risk, it simply displaces it - usually onto those using the services. Time sensitive What is needed is
http://www.bbc.co.uk/news/health-20545055|

The world's top five healthiest cities?
guardian.co.uk (Web), 07/12/2012, Tim Smedley
the wealthiest, producing a GDP of $1,479bn (£922.3bn). Having arguably the world's best public transport systems leads to healthier lifestyles and (relatively) lower Greenhouse Gas Emissions (GGE). According to the London School of Economics professor Ricky Burdett: "The average commute in Tokyo takes one hour, whereas Sao Paulo and Mexico City, which are smaller populations but enormous cities, have average
http://www.guardian.co.uk/sustainable-business/top-five-world-healthiest-cities-
health-wellbeing
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20 years on: is certification delivering on its promise?
guardian.co.uk (Web), 07/12/2012, Jason Clay
ultimately the consumer: buy this product and the world will be a better place. This summer the committee, which included leaders from a host of organisations including Marks & Spencer, the London School of Economics, the Soil Association and the Rainforest Alliance, published its report, . Our assessment focused on four product areas central to conservation: forestry, fisheries, agriculture and aquaculture. The
http://www.guardian.co.uk/sustainable-business/blog/certification-impact-measuring-success-data|

Redwood hits back at Andrews jibe
BBC (Web), 07/12/2012, Unattributed
reports, international reports and his own internal report, saying the standard of education in Wales is really slipping down to Third World standards." Tony Travers, local government expert from the London School of Economics, said: "I think there's a regular debate about whether we should reform local government and I think it's been felt by some politicians in Cardiff that
http://www.bbc.co.uk/news/uk-wales-politics-20638229|

'Quality' issue for schools leadership
BBC (Web), 07/12/2012, Unattributed
said devolution has led to stronger accountability in Wales and now is the time to ask whether pre-devolution structures remain fit for purpose. Local government expert Tony Travers from the London School of Economics explains the reasoning behind the reforms prior to devolution in Wales to Bethan Rhys Roberts of BBC Radio Wales. Mr Travers says the quality of leadership
http://www.bbc.co.uk/news/uk-wales-20637762|

Behaving like animals: Students from prestigious London School of Economics get blind drunk at 10am in fancy dress bear costumes
Mail Online UK (Web), 07/12/2012, Eagle Eyes
in a very exclusive park. 'When I said to one of them that it was a bit early for a party, he said: 'Yes, it's great, isn't it?' A spokesman for the London School of Economics said that any unacceptable behaviour would be punished. He said: 'This is an event organised by the LSE Student Union's Athletics Union. 'The School will take appropriate
http://www.dailymail.co.uk/news/article-2244696/Behaving-like-animals-Students-prestigious-London-School-Economics-blind-drunk-10am-fancy-dress-bear-costumes.html?ITO=1490&ns_mchannel=rss&ns_campaign=1490|

Confucius goes to college
Irish Times - The UCD connection - Dec 8 at 3:50 GMT
US have decided against accepting a Confucius Institute.In June, Prof Christopher Hughes, a China specialist at the London School of Economics, drew the ire of Beijing's ambassador to Britain when he questioned...
http://www.irishtimes.com/newspaper/weekend/2012/1208/1224327639324.html|

Understanding "momentum" in stock returns
CBS News - Dec 7 at 19:37 GMT
such as losing 76 percent from March through September 2009.Dong Lou and Christopher Polk, professors at the London School of Economics, approached the issue of momentum in a new and unique way. They argue...
http://www.cbsnews.com/8301-505123_162-57557778/understanding-momentum-
in-stock-returns/
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Bob Ward: A Long Day for the UK at the United Nations Climate Change Summit
Huffington Post UK - Bob Ward - Dec 7 at 18:09 GMT
Ward is policy and communications director at the Grantham Research Institute on Climate Change and the Environment at London School of Economics and Political Science.
http://www.huffingtonpost.co.uk/bob-ward/a-long-day-for-the-uk-at-un-climate-
change-summit_b_2253119.html?utm_hp_ref=uk-politics?ncid=GEP
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Former Welsh Secretary John Redwood has hit back at Labour claims that creating 22 local education authorities (LEAs) was a "historical mistake".
Manchester Wired - Dec 7 at 16:04 GMT
in Wales is really slipping down to Third World standards." Tony Travers, local government expert from the London School of Economics, said: "I think there's a regular debate about whether we should reform...
http://www.manchesterwired.co.uk/news.php/1468560-John-Redwood-hits-back-
at-Leighton-Andrews-schools-jibe
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US warning on Syrian chemical weapons
Financial Times - Geoff Dyer - Dec 7 at 8:39 GMT
ideology. They are fighting the regime; they are defending the Syrian people.” However, Fawaz Gerges, director of the London School of Economics’ Middle East Centre, said that while Jabhat al-Nusra’s military...
http://www.ft.com/cms/s/0/fcbde700-3fcb-11e2-b0ce-00144feabdc0.html#axzz2EdUQezZr|

LSE on TV/radio

Channel 4 (8 November 2012)
News
Professor Lord Nicholas Stern was interviewed about the The Doha agreement.

BBC Radio 4 (7 December 2012)
Professor Chetan Bhatt discussed the Shiv Sena.

BBC Nottingham (7 December 2012)
Professor Christopher Pissarides is referenced.

BBC Wales (7 December 2012)
News
Tony Travers was interviewed about local authorities in Wales.

BBC Radio Five Live (6 December 2012)
Tony Travers discussed the cost of delivering public services.

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