The report regarding the Chancellor’s five tests for joining the Euro might provide an impressive economic analysis; yet as we all know it will be a pointless one too The Treasury’s assessment of the ...
And no one puts new wine into old wineskins; or else the new wine bursts the wineskins, the wine is spilled, and the wineskins are ruined. But new wine must be put into new wineskins. Mark 2:22, New ...
The gap between American universities and the rest of the world is widening. The week in which the Nobel Prizes are awarded is an opportune time to ask why. At the beginning of the 20th century, ...
John and Paul spoke to Helen Lewis about their new book, Greed is Dead, and what practical remedies they recommend for the ...
John Kay responds to some of the criticisms that resulted from his recent article in Prospect Magazine. The stakeholding debate is about whether companies should be run exclusively by and for the ...
The fate of ICI demonstrates how the market disciplines unsuccessful choices of strategy; in the case of ICI it is almost unfortunate that it does so. In 1926 four companies – Nobel Industries, United ...
Dominant companies may confer marginal benefits to consumers that are difficult, if not impossible, to estimate. However, antitrust authorities will do little wrong if they stick to the underlying ...
There are industries in which vertical integration is appropriate and others where very different skills are required for the various elements of the value chain. In a brief look at the ...
Once upon a time, there was a wise and kindly Emperor, with a faithful retainer called Sid. One day, the Emperor took him aside ‘You are serving me well, and as a ...
A discussion regarding foundation hospitals, in a pluralist versus centralist context, reveals some difficult choices. The debate over foundation hospitals – a plan to give very limited autonomy to ...
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