Forthcoming book – a summary
A flavour of John's forthcoming book, 'The Truth About Markets'.
ECONOMIC RESOURCES ON THE INTERNET
Here are a few resources related to some of the topics John's talks about.
There are many more and if you have a suggestion, feel free ...
Invisible hand or chaos
Perhaps the invisible hand of Adam Smith is not as important in free market economies as the freedom for unsuccessful experiments to fail.
Why regulate securities?
In this talk, John describes some of the differences between an economic approach to regulation - concerned with indentifying market failures - and how markets mechanisms can be best adapted to deal with them. He contrasts this with the legal style of regulation which has been the historic basis of monitoring financial services. The conclusion is that we might manage our financial services better if, in inventing the regulation, the role of economists were greater.
Economists and Economics in Business
Most businessmen think that the role of economists is to produce macroeconomic forecasts. Since modern business strategy is, however, increasingly based on economic foundations - largely through resourced based theories - it might be time they reconsidered.
Institute for Fiscal Studies (anniversary piece): April 1999
John recalls his experience in setting up the Institute for Fiscal Studies, one of the UK's most respected economic think tanks.
Few competitors in a novel business
Why Tom Wolfe’s latest book is a better business novel than any of the English competitors
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.
The chainsaw falls on instrumentalism
Chainsaw Al is obsessed with making money. Bill Gates is obsessed with computers. Who is the richer man?
The Third Way
Is the third way simply an eclectic compromise which offers to drop any unpalatable bits from the familiar ideologies of far right and far left? I argue that if there is a third way, this is not where we will find it.