Blog
19th Dec 2019
How many people really understand inflation and interest rates?
BIT and the Bank of England have been working on how to improve public trust in and understanding of the Bank’s activities.
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Blog
8th Jan 2020
BIT Canada’s New Year’s Resolution - create a unicorn 🦄
The world needs more Canada." - Barack Obama There has been a flurry of activity since we opened our doors in Canada on October 1, 2019. Now, as our friends and colleagues do some end-of-year reflecting and new year goal-setting, we feel compelled to do the same. Our new Canadian…
Blog
10th Jan 2020
How government can predict the future
Fresh from its election victory in December, the UK government has put civil service reform high on the agenda. Writing in the Telegraph last week, Rachel Wolf, one of the authors of the Conservative Party election manifesto, added ‘superforecasting’ to her wishlist for civil servant training. We agree that this…
Blog
17th Jan 2020
Increasing economic mobility in US cities
Earlier this year, Bloomberg Philanthropies, the Bill & Melinda Gates Foundation, and the Ballmer Group launched a new program to increase economic mobility in a number of US cities. This program is part of Bloomberg Philanthropies’ What Works Cities initiative, which helps local governments improve residents' lives by using data…
Blog
27th Jan 2020
Remembering the Holocaust
"Monsters exist, but they are too few in number to be truly dangerous. More dangerous are the common men, the functionaries ready to believe and to act without asking questions.”
Blog
29th Jan 2020
A Menu for Change - 12 ways to make diets greener
For many people, January is a timely moment to change their routine. Perhaps you’re one of the hundreds of thousands of people – among them many MPs – to sign up for Veganuary. Although we are not advocating for everyone to become completely vegan, we made the case in our…
Blog
4th Feb 2020
BIT Crime Week #2 Fighting crime with data and innovation
I’d never seen a corpse before. I stepped carefully to avoid blood and body parts as people ran from the terrorists, who proclaimed their allegiance to a banned far-right group. The Armed Response Vehicles arrived within 6 minutes of being called and snipers scaled the roof, but already several people…
Blog
5th Feb 2020
BIT Crime Week #3 Could knife crime in London be driven by technological change?
In short, our working thesis is that the rise in knife crime – particularly prevalent since 2015 – might in part be driven by technological change. You might wonder how the two are possibly related?! The argument we make, as captured in BIT’s report for the Mayor of London’s Violence…
Blog
7th Feb 2020
BIT Crime Week Blog #5 Phishing and behavioural science
On 4 May 2000, millions of computers were infected with a virus that erased enough files to cause around £12bn worth of damage worldwide. An email virus that appeared to be a love letter from a friend. The message read: Subject line: ILOVEYOU Body of email: Kindly check the attached…
Blog
13th Feb 2020
The world in simulation - building evidence using an online laboratory
As a reader of our blog, chances are that you’ve heard of Daniel Kahneman. An Israeli economist and author, Kahneman was awarded the Nobel prize in 2002 for his seminal work, Thinking Fast and Slow, which explored human decision making from the prism of economics. Who you may be less…