Tag: General
Merger lectures are best ignored
The biggest universities in the world are clearly not the best. So why do some British universities think that mergers will make them world class?
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.
Beware authority without legitimacy
Institutions have no power without legitimacy, English exam boards are learning this lesson the hard way
Oxford Experiences
John Kay became a Fellow of St John’s College, Oxford in 1970 and taught in the university for ten years. After periods...
Food for thought
Have you ever wondered why kangaroo burgers don't feature widely on British menus? The answer is that just as countries’ economies have developed differently, so have their national cuisines
A poor view of poverty
Many people wish there was a nicer model of economic development than captalism. In reality, the best thing they can do is encourage Western firms to raise their standards.
Peak performance
The idea of rational profit- and utility maximisation is prominent in economics, but was challenged by Herbert Simon, a winner of the Nobel Prize in economics who died in February. Instead Simon emphasised the idea of bounded rationality in economics. This article explains why that approach deserves to survive its author.
