Facing supermarket forces
Is Wal-Mart’s entry into the UK market a sign of global retailing? It’s an interesting move, when Wal-Mart itself is solidly small-town American.
Where size is not everything
Concentration in the car industry is increasing as the market goes global: a common story, and an untrue one.
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 key to the banks
Great size is a warning of trouble ahead in the banking industry; and the trouble may be for the taxpayer as much as the shareholder.
Economic forces and the hairdresser
Do not believe those who tell you that concentration or globalisation is inevitable. Think of your hairdresser.
A lost manuscript and the fantasy world of Amer and Eur
Being the fantastical story of the islands of Amer and Eur…
A world of difference
While accounting firms are “going global”, their rationale for doing so does not apply to other industries.
Frontiers of fashion
We overestimate the importance of short-term political change, and underestimate the significance of deep-seated societal difference.
Don’t just do it
When should a government intervene in the market? It is not clear what New Labour thinks is the answer.
A German lesson
The great German experiment teaches us a great deal. One of the lessons is that microeconomic policy is of critical important.