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Sun, Sep 15, 2024 12:53 AM All times are UTC

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Renaud Foucart

Senior Lecturer, Lancaster University Management School, Lancaster University
I am an applied microeconomic theorist. This means I try to understand real world puzzles by modelling strategic interactions. This has led me to work on topics as different as smoking bans, Islamic finance, environmental agreements, urban planning, the comeback of vinyl, online search aggregators and the impact of auditing courts on the selection of politicians. I hold a PhD from Université libre de Bruxelles. Since then I have worked in Oxford, Berlin, Nottingham and now Lancaster University.

Google monopoly ruling: where the tech giant goes from here

Aug 16, 2024 07:01 am UTC| Technology Law

A US judge has found that Google is a monopoly and has used this dominance to reinforce its market position. This ruling, which is subject to appeal, brings the US regulator close to the European Commission in its...

Budget airlines make money from extra charges, but savvy travellers benefit too

Jul 25, 2024 15:11 pm UTC| Business

If youre about to jet off on a summer flight, the chances of you having secured a bargain at this peak time of the year are slim. And as well as the cost of your tickets, you may have grudgingly paid various amounts on top...

Russia has become so economically isolated that China could order the end of war in Ukraine

Jul 02, 2024 14:38 pm UTC| Insights & Views Economy

Western leaders are becoming increasingly frustrated by Chinas role in enabling the war in Ukraine. Some have even openly threatened to sanction the country if it continues to provide Russia with the materials it needs to...

Four tips to avoid being bamboozled by political statistics and data

Jun 13, 2024 06:12 am UTC| Insights & Views Politics

With a plethora of elections around the world in 2024, voters considering their options can expect to be presented with all kinds of numbers and statistics aimed at giving credibility to various claims from various...

What we know so far about Labour’s plan for Great British Energy

Jun 03, 2024 11:04 am UTC| Politics

The Labour party has announced its plans for the energy sector, closing off the first full week of the 2024 election campaign. Great British Energy is one of Keir Starmers six first steps for government, should his...

Judas and the economics of betrayal

Mar 28, 2024 12:03 pm UTC| Insights & Views

No one remembers the names of the soldiers who arrested Jesus, or the civil servants who organised his crucifixion. But Judas Iscariot has not been forgotten, and will forever be associated with treachery and...

Europe’s tech industry is lagging behind the US

Mar 06, 2024 23:03 pm UTC| Insights & Views Technology Economy

Europe invests a lot in research, and publishes and patents many ideas. But it fails to compete with the US and China when it comes to translating its innovation effort into large, global technology firms. The seven...

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Economy

China’s Industrial Output Growth Hits Five-Month Low, Raising Concerns Over 5% GDP Target

Chinas industrial production expanded at 4.5% in August, marking its slowest growth in five months. The data, released by the National Bureau of Statistics, has placed the countrys annual economic growth target of around...

Japan Leadership Candidates Back Wage Growth, Differ on Strategies for Household Support

As Japans leadership candidates vie for the prime minister position, all contenders agree on continuing wage growth but differ on how to best support households amid rising prices. Some advocate for cash handouts, while...

보잉 노동자 파업 예고, 노조 노동 계약 거부로 주가 하락

보잉(Boeing) 공장 직원 3만 명 이상이 임금 인상을 요구하며 파업에 돌입할 예정이다. 미국 태평양 북서부 지역의 보잉 노동자들이 파업을 찬성하며 항공산업 대기업에 또 다른 도전 과제가 생겼다. 보잉 주가는 금요일 미국 프리마켓...

중국, 에버그란데 감사 관련 PwC에 6개월 금지 및 대규모 벌금 부과

중국 규제 당국은 금요일 파산한 부동산 개발업체 중국 에버그란데(중국명: 헝다그룹) 그룹의 감사를 이유로 PwC 중국 본사에 대해 6개월 업무 정지와 6억4천1백만 위안(6천2백만 달러)의 기록적인 벌금을 부과했다. 중국...

주식 상승, 금 사상 최고치 기록…투자자들 공격적 금리 인하 고려

미국 주식은 금요일 상승세로 출발했고, 금은 사상 최고치를 기록했다. 이는 다음 주 연방준비제도(Fed)의 대규모 금리 인하에 대한 투자자 기대가 급격히 변화한 데 따른 결과이다. 주식, 미 국채 가격, 원자재 모두 상승했다. 이는...

Politics

Crypto Could Tip Razor-Thin Margins in US Election 2024 Swing States, Says Law Professor

Cryptocurrency could sway razor-thin voter margins in crucial swing states during the 2024 US presidential election, according to Penn State law professor Tonya Evans. She suggests that support for digital assets...

Donald Trump's LA Rant May Have Violated Gag Order, Manhattan Prosecutors Alerted

Manhattan prosecutors are reportedly assessing whether Donald Trump violated a court-imposed gag order during a recent press conference in Los Angeles. The incident comes on the heels of a ruling from New Yorks highest...

'Winner' Donald Trump Declares Debate Victory, Labels Himself ‘Extraordinary Genius’ Amid Controversy

In a characteristically defiant move, former President Donald Trump took to social media Saturday to assert that he emerged victorious in the latest presidential debate. Despite multiple polls and widespread commentary...

'Another Reason To Vote For Donald Trump': Ex-POTUS Announces Plan to Ban Illegal Immigrants from Renting Apartments or Getting Mortgages

Former President Donald Trump has announced a new policy proposal aimed at banning illegal immigrants from renting apartments or obtaining mortgages, a move that has immediately drawn both support and sharp criticism. The...

DOJ Data Confirms Donald Trump’s Claim: Violent Crime Rises Under Biden-Harris Administration

Newly released data from the Department of Justice (DOJ) has confirmed that violent crime rates have risen during the Biden-Harris administration, bolstering claims made by former President Donald Trump. The latest...

Science

SpaceX's Polaris Dawn Mission Achieves Historic Milestones Despite Lack of White House Recognition

SpaceXs Polaris Dawn mission has captivated global audiences with its historic milestones, including the first commercial spacewalk and record-breaking achievements. However, despite its groundbreaking success, the mission...

화산으로 전기 생산 가능할까?

활화산에서 뿜어져 나오는 붉은 용암을 전기로 전환하는 것은 위험하고 신뢰성이 떨어진다. 화산은 예측 가능한 일정으로 분출하지 않으며, 용암은 너무 빨리 식는다. 그러나 미국을 포함한 여러 국가는 화산열을 활용해 전기를 생산하는...

스페이스X, FAA 지연 속 스타십 시험 비행 11월 목표 발표

스페이스X는 미 연방항공청(FAA)의 승인 절차 지연으로 인해 5번째 스타십 시험 비행 목표를 11월로 재설정했다. 이 항공우주 기업은 환경 평가와 규제 문제를 주요 요인으로 꼽으며, 이번 야심 찬 임무가 지연된 이유를...

SpaceX Reveals November Target for Delayed Starship Test Flight Amid FAA Hold-ups

SpaceX has set a new November target for the fifth Starship test flight after significant delays caused by the FAAs licensing process. The aerospace company addressed these delays, citing environmental reviews and...

Elon Musk Reveals SpaceX Starship’s First Mars Mission Set for 2026

Elon Musk has revealed that SpaceXs Starship will launch its first uncrewed mission to Mars in 2026. This historic flight will test the rockets ability to land on the red planet, and crewed missions are planned for 2028....

Technology

Bitcoin ETFs Record $400 Million Inflows, Pushing BTC to $60K Amid Rising Institutional Interest

Bitcoin ETFs experienced a resurgence this week with $400 million in net inflows, signaling renewed institutional interest. The price of Bitcoin hovering at $60,000 as favorable macroeconomic conditions drive investor...

Shiba Inu Exec Pushes for Massive Token Burn as Shibarium Upgrade Boosts SHIB Value Potential

Shiba Inu exec Lucie is pushing for an accelerated token burn strategy driven by Shibariums recent upgrade. The blockchains enhanced performance is expected to boost SHIBs value, with burn rates set to increase alongside...

Samsung's Ex-Staff Charged with Smuggling DRAM Secrets to Chinese Chipmaker

Two former senior Samsung employees have been arrested in South Korea on charges of illegally transferring DRAM technology to a Chinese semiconductor firm. Authorities allege the pair recruited Korean engineers and handed...

'Rocky Rabbit’s' RabBitcoin Airdrop Approaches as Battle Mode Heats Up on Telegram

The RabBitcoin airdrop is on the horizon, and Rocky Rabbit players can now enjoy the new Battle mode. As they wager in various arenas, the Telegram games token drop on The Open Network is set for next week. Rocky Rabbit...

Bitcoin Market Depth Hits Rock Bottom—Is a Bull Run About to Explode?

Bitcoins market depth reached new lows this weekend, signaling a possible price bottom. Analysts are eyeing this as a signal that a strong bullish reversal may be on the horizon. Bitcoin Hits Market Depth...