Tag: Miscellaneous

Since the time of Aristotle, and perhaps before, business has been widely regarded as an activity of inferior moral status. The critics...

John describes five groups of reasons why economic education is an indispensable part of any general education.

The view of business as necessarily selfish, narrow and instrumental, is, as it always has been, nonsense. Business which is selfish in motivation, narrow in outlook, and instrumental in behaviour is rarely successful business.

Michael Porter’s models were based on a tool for industrial policy, not strategy. Now economists are beginning to understand the workings of firms as well as industries.

Cynics know the price of everything and the value of nothing. When is there a difference between value and price?

Gordon Brown should be criticised if he does not propose a root and branch reform of corporation tax within the life of this parliament.

Ten years ago, ICI’s annual report described the company’s objectives: “ICI aims to be the world’s leading chemical company, serving customers internationally through the innovative...

For most of the last century, political debate on economic issues has been dominated by socialism. The agenda and the language of socialism...

Public investment is now prioritised according to whether it can be disguised by the private finance initiative: Goodhart’s Law has come into play once again.

George Orwell dissected the use of language in politics. He would have found a similar target in the language of business.