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Business Gurus

Lynda Gratton, Eddie Obeng, and I discussed business gurus on the Radio 4's The Bottom Line. Listen to that conversation here, and...

Ethical Finance

I was introduced to Catholic social teaching through the work of Alasdair MacIntyre. MacIntyre brought the concept of Aristotelian virtue ethics into...

The Concept of the Corporation

The Version of Record of this manuscript has been published and is available in Business History (15 Jan 2019) http://www.tandfonline.com/doi/full/10.1080/00076791.2018.1509956.

Hybrid Organisations: The Ambiguous Boundary Between Public and Private Activity

Introduction What do Channel 4, Companies House, the Post Office, the Royal Bank of Scotland, the Royal Mint and URENCO (a...

Adam Smith, Misanthrope

Adam Smith would, as is widely recognised, have been sceptical about the current vogue for ‘industrial strategy’: ‘The statesman who should attempt to direct private...

Five Books: Best Books for the Beginner Investor

John recently spoke to Five Books on the five books he recommends to people who are considering starting investing. Find the full interview here,...

The Great Economists Debate

Listen to my discussion with Linda Yueh and Andrew Scott on some of the great economists and big questions we face. https://soundcloud.com/londonbusinessschool/the-great-economists-debate-john-kay-andrew-scott-and-linda-yueh-event-audio  

Moving Beyond “Capitalism”

https://soundcloud.com/curioio/john-kay-moving-beyond/s-1dfFJ I wish we would stop using the word Capitalism. It is a 19th-century term, derived from 19th-century economic philosophy. But today people who would run...

Equity markets are thriving but are they relevant?

The equity markets with which we are familiar came into being in the 19th century to finance railways and railroads. Railways and railroads were...

The changing – and unchanging? – nature of the company town

The decline of manufacturing industry had been associated with the decline of the company town. In contrast, service companies have always tended to be fragmented. And yet there is one service industry which is conducted in large plants, in which people travel hundreds or even thousands of miles to consume the product, and which has been conducted in company towns not just for decades, but centuries.

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