These are desolate times for the dismal science
In a letter to his niece John writes about the demise of economics
Investors, rejoice: BT is back where it started
From four consecutive failures of strategy in British Telecom we learn that policy making in business requires more than slogans and visions.
Big egos inflate executive pay, not markets
When genuine market operations are absent executive pay is seen as a measure of value rather than just a financial reward
Department of Trade and Industry/Forum for the Future
Lessons from ICI’s transformation; a lecture at the Department of Trade and Industry/Forum for the Future.
Previous convictions: April 2003
I used to share the physics envy of many economists. The responses to Bjorn Llomborg's book have helped change my mind.
The Gift of the Magi
Not only does O Henry’s The Gift of the Magi tell us about the spirit of Christmas - its handy for economics students as well.
Business can be a Nobel pursuit
The gap between American universities and the rest of the world is widening. The week in which the Nobel Prizes are awarded is an opportune time to ask why.
Reflections on the New Economy
John recalls his thinking during the extraordinary years of the 'new economy'.
Travels with an economist
Where do economists go on holiday? Unmoved by glossy travel brochures they turn straight to the concept of purchasing power parity.
Rational decision making (FT Summer School)
The classical theory of rational decision-making under uncertainty has been evolving for over 200 years, since Daniel Bernoulli and Rev...