See Teaching Economics after the Crisis. J-C Trichet: ECB President “As a policy-maker, I felt abandoned by conventional tools.” (2010). This may be mostly about macro-economics, but reflects fundamental inadequacies in the underlying […]
Strategy
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Staff pay for strategy errors
This claim in “Trouble” shows up in jobs for architects – victims of the construction industry. Boom-and-bust reached its spectacular peak in many industries in 2008/9. Causes are simple – […]
Strategy
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Strategy and the economy
With worries about world economies falling back again, we could reflect on how we got in this mess, and some questions for Strategy. Recessions usually start, I hear, […]
Strategy
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Cotton cycles …
I see (www.cotlook.com) cotton prices have hit a 2½ year high on fears that the Pakistan floods will cut supply – the country produces nearly 7% of world […]
Strategy
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Strategy in cyclical industries
The world’s biggest basic materials firms are suffering along with others as the world economy collapses, and the Economist points out that taking on loads of debt to […]