Ideas to Action:

Independent research for global prosperity

CGD Policy Blogs

 

Why the Private Sector Should Harness Brands’ Market Power: "Stop Funding Hate” Campaign Makes Progress as Lego Withdraws Promotions from UK Tabloid

There are two good reasons to harness the market power of iconic brands. First, policymakers and researchers with evidence-based arguments on migration are struggling to combat the hateful rhetoric of the tabloids. Second, the private sector has an important role to play in ensuring global economic prosperity. Among other things, it should use its power to fight the misinformation, ignorance, and hate directed towards the world’s most vulnerable people.

Beyond Brexit: Smarter Labour Policy to Boost Trade, Productivity, and Welfare

Philip Hammond, Chancellor of the Exchequer, has assured people that post-Brexit labour policy will be about the “cream of the crop,” making sure that high-skilled workers won’t face excessive red tape or heavy-handed visa rules if they want to work in the UK. The “migration problem,” in Hammond’s words, is not with “computer professors, brain surgeons, or senior managers.” A migration policy built on that creaky premise misses at least three key points: gains from trade, mutual productivity, and huge welfare gains.