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The Hugh Ford Management Lecture: Is Management a Profession?

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

Economic Education: February 1998

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

The Role of Business in Society

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.

Why gurus should cross the bridge into 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.

The price is right

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

A mystery solved

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

South Bank University – 1997 Annual Lecture

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...

Redistibutive market liberalism (New Statesman)

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

Private finance initiative

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.

The new Newspeak

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