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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

Bedpans should be heard no more in Whitehall

A discussion regarding foundation hospitals, in a pluralist versus centralist context, reveals some difficult choices.

A waiter calls the top of the property market

A revealing dinner party conversation on house prices.

It pays churches to have faith in markets

The analogy between Wal-Mart’s competition for customers and Southern Baptists' for adherents, reveals some interesting insights.

Copyright law has a duty to creativity

We are often told that the best way to protect artistic innovation and creativity is to extend copyright. But it is not usually the budding novelist or musician that pushes the argument.

Reflections on the New Economy

John recalls his thinking during the extraordinary years of the 'new economy'.

A financial disservice

If the government wants people to save more it will have to look beyond first year economics. Full information and homogenous products are no antidote to imperfect human nature

Profits without honour

The bullish 1990's market lead companies like Enron and WorldCom to strive for unrealistic earnings growth - eventually by any means necessary. Their stories show that shareholder value should be an end, and not the aim of good businesses.

A watchful eye

Enron's swift slide to bankruptcy poses important questions on the regulation of electricity markets

On John Kay’s Bookshelf – Archive page

Books that John has reviewed in the past...

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