About

Welcome to the wonderful and interesting world of economics. I fight economic ignorance like Superman fights crime: successful and with style.

About the author

Vuk Vukovic 

I hold a Master of Science degree from the London School of Economics.

Currently I work at the Zagreb School of Economics and Management where I teach Political Economy and Principles of Economics (see my home page here). In the summer of 2013 I was a visiting scholar at the University of Cambridge. I'm also a research fellow for the Adam Smith Institute (ASI). Before I worked for the British Chambers of Commerce where I handled parliamentary affairs and research on regulation and the economy. I also worked as a part-time lecturer at University of London, LAMB Business School where I taught International Business Economics and Global Financial Markets. Apart for the ASI I write occasionally for the Institute of Economic Affairs, and the Centre for Policy Studies, while in Croatian I write for Banka and Jutarnji list.


Working papers:
- "Persistent Electoral Success with Endogenous Rents: Eliminating the trade-off between rent-extraction and re-election" (2013)
      - presented at the Public Choice Society Conference in New Orleans, March 2013
- "Voting after war: Economic performance and legacy of conflict as determinants of electoral support in Croatia" (2013) (with Josip Glaurdić, PhD, University of Cambridge)
      - preview of findings in daily newspaper Jutarnji list (in Croatian)

Published papers:
- "Unburdening Enterprise" Adam Smith Institute Paper (October, 2012) - covered in the Financial Times, see summary here.
- "Political Economy of the US financial crisis", (2011) Financial Theory and Practice Vol.35(1): 91-128  - see here for a summary

Book reviews:
- Why Nations Fail: The Origins of Power, Prosperity, and Poverty by Daron Acemoglu and James Robinson (July 2012, also published in the Financial Theory and Practice, in September 2012)
- Robust Political Economy: Classical Liberalism and the Future of Public Policy by Mark Pennington (June 2012)
- South East Europe after the Crisis by William Bartlett and Vassilis Monastiriotis (June 2011)

Op-eds, blog posts and other texts:
- VoxEU (institutional reform, austerity debate)
Adam Smith Institute writings (on regulation, SMEs, fiscal consolidation, taxes, housing, fiscal policy, unemployment, productivity, eurozone and general libertarian topics);
Institute of Economic Affairs (fiscal consolidation, interest ratres, Greece, eurozone, and institutional reform)
- Centre for Policy Studies (recovery, financial crisis, structural reform)
- Banka Magazin (in Croatian) (fiscal consolidation, NGDP targeting, fiscal stimulus, technology and unemployment, public choice theory, Margaret Thatcher, formal and informal institutions, US budget bargaining game, Coase in memoriam, Spain's political crisis, Economics as a science etc.)
- Jutarnji list (in Croatian) (policy reforms, business, government, institutions)
- Lider (in Croatian) (monetary policy; education)
- Poslovni Dnevnik (in Croatian) (taxes, institutional reform)

- Interview of the week on Soundset Radio (in Croatian, about political corruption, my paper, and the reforms in Croatia)
- Interview for Jutarnji list (in Croatian, about myself and my paper)
- Interview on Hrvatski Radio, Treći Program (in Croatian, about New Institutional Economics)
- Interview for Slobodna Dalmacija (commenting economic policies of the Croatian government)
- Interview for Večernji list

My LinkedIn profile


About the blog

The blog covers issues on economics and political economy mostly with respect to Western economies (US, UK, Eurozone), but also touches on certain topics of global ramifications, and occasionally some economic theory. It offers comments and opinions on various macroeconomic issues such as the 2008 financial crisis, the subsequent recovery and its regulatory responses, monetary policy, fiscal policy, but also a closer look into structural and institutional reforms, the austerity vs. stimulus debate, economic freedom and cronyism, technological progress and a range of other political economy issues.

I do hope you enjoy the blog, and find its posts thought provoking or just interesting enough to leave a comment.

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Disclaimer

By posing a comment and/or viewing the content on the blog you agree to the following terms and conditions.

Terms and conditions: Any comment that will insult on a racial, national, religious, gender or any other issue will be removed. Constructive criticism is more than welcomed, but there will be zero tolerance for abuse of any sort.

Views expressed in this blog are of Mr Vuk Vukovic alone and he bears full responsibility for the ideas presented in his writings. Any unauthorized use of the material in the blog for personal, academic, commercial or any other use is strictly forbidden and will be considered plagiarism.