Does capital have a home?
Last year the French conglomerate LVMH, known for its Louis Vuitton luggage, Moët et Chandon champagne, and Hennessy cognac, acquired t...
American economy
The Kay household has had another great year. Visa extended its credit limit, and has raised its investment to an all time high.&...
Business Purpose, Instrumentality, and Obliquity
Britain has a record of building some of the most successful companies in the world. Compani...
Book Review – The Greed Merchants: how the investment banks played the free market game by Philip Augar
Anthony Sampson described the nature and sources of power in British society half a century ago in The Anatomy of Britain. Only a modes...
Protestant ethics
Do they know it’s Christmas? Band Aid reminds us that the rich of the world have been celebrating Christmas and the poor have not...
Fantasies
On Tom Hanks’ Polar Express, only those who believe in Father Christmas can hear the ringing of his bell. At the many centenary p...
Ukraine
Crowds in the streets, and an assertion of independence by parliament and judiciary, seem to have restored democracy in Ukraine. ...
Corporate character
Can an organisation learn or forget? Can it have integrity or lack it? Can it laugh, or be angry? Does a company have a sou...
Anti-trust
We should usually be happy when legal disputes are settled between the parties rather than fought in the courts. Conciliation is...
Pharmaceuticals
When the FT listed the fifty largest businesses by market capitalisation in May, eight pharmaceutical companies were included Whe...