Few competitors in a novel business
Why Tom Wolfe’s latest book is a better business novel than any of the English competitors
The fate of Project Tiny Tim
This case was prepared by Professor John Kay, under the direction of emeritus Professor Charles Dickens. It is intended as the basis for class discussion rather than to illustrate either effective or ineffective handling of an administrative situation.
The equities century
The equity risk premium seems very high; but perhaps it has just been an unusually good century for equity investors.
The adaptive capacity of the firm as a key to European competitiveness
Globalisation of business means that the structure of modern industry is based increasingly around competitive advantage, and that these competitive advantage are more and more based on knowledge, intellectual capital, and the management of information. These claims sound familiar. But their implications are not.
Crisis, what crisis?
The crisis in the European social model should be clearly visible from Copenhagen. It proves hard to establish what is really supposed to be going wrong.
Risky business of genes
Our social attitudes, and our economic institutions – from the welfare state to the commercial legal system – depend on the increasingly tenuous distinction between nature, nurture and personal responsibility.
The oblique approach
With maturity – personal or corporate – comes the principle of obliquity. Many people have noted the paradox that the most profitable companies are not necessarily the most profit oriented.
Equality and the Modern Economy: Are companies the new partners in equality? Smith Institute
Wednesday 28th October 1998
In the last of these seminars, John Gray described the social liberal position in equality, which he contra...
The key to the banks
Great size is a warning of trouble ahead in the banking industry; and the trouble may be for the taxpayer as much as the shareholder.
A scientific formula for playing games in the dark
As John and Linda try to rendezvous at a convenient restaurant, a little game theory might suggest some strategies.