A Theory of the Social Market
The communitarian view of politics and society - whereby our actions and views are inseperable from the communities in which we live - is not incompatible with mainstream economic thinking. Rather, it heightens our understanding of how markets work.
What’s in a name?
What is a brand? Sometimes it is a quality certificate and sometimes, simply part of the product itself. It matters which.
The new Newspeak
George Orwell dissected the use of language in politics. He would have found a similar target in the language of business.
Of fortunes and foresight
Will the dominant firms of the next century be the ones that show foresight and react quickly? Many of the best companies work simply by doing traditional business very, very well.
Clear thinking muddied by competitiveness
We would do better to stop talking about competitiveness. It seems only to get in the way of clear thinking.
Oh Professor Porter, whatever did you do?
Is it really so bad to be “stuck in the middle”? If you can master the art of the “shifting concept” you can make any idea stick.
On the trail of a good bet
We evaluate risks poorly - whether it comes to insurance, speculation or beef scares. These mistakes cost us all money in the long run.
The victory of market forces over central planning is complete (Social Market Foundation)
The victory of market forces over central planning is complete. The communist regimes of Eastern Europe collapsed under the weight of ...
Poor odds on the takeover lottery
Second hand firms have something important in common with second hand cars. This explains why takeovers have tended to disappoint.
Father Christmas does not exist?
Father Christmas does not exist? Tell that to investors who seem unable to ask how much value certain business really add