Products and services
The World Trade Organization has always had more critics than champions. These days, the charges that are made against the WTO include that it has overstepped its authority, that it impedes the ability of members to set their own trade policies, and, paradoxically, that it has been unable to deal effectively with China. The recent […]
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Capitalism is in crisis. The consensus among politicians, citizens, and even executives themselves is that business just isn’t working for ordinary people. It serves to enrich the elites – fat-cat CEOs and hedge fund investors – by exploiting workers, price-gouging customers and polluting the environment. Citizens, and the politicians that represent them, are fighting back. […]
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No state can do without taxation. States need to pay for bureaucrats, soldiers, policemen, infrastructure, and the more ambitious ones also pay for schools, hospitals and social security programs. Fiscal capacity forms the backbone of the state, and both sovereign and colonial regimes confront the revenue imperative. But how, in the case of colonial rule, […]
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The website of GE mentions: “the relentless quest for progress has fueled 130 years of innovation. We believe that our people are our most powerful catalysts for growth and innovation”. At Google, the HR team, has revolutionized HR the same way Google has revolutionized search engines. HR is seen as a business partner and all […]
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In the ten years since I wrote the first edition of A Textbook of Cultural Economics, the cultural sector – the arts, heritage and cultural industries, jointly known as the creative industries – has been revolutionised by digitization and, as with other revolutions, things have changed in unimagined ways. Nowhere has this been more evident […]
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We have heard it a thousand times. The world is going downhill and it’s the “system’s” fault. To save the planet, we must change the “system.” But what do we mean by the “system”? Capitalism? Is it “capitalism” that makes nations, corporations, and individuals seek out the best deals – which promotes low-wage labor and […]
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As an American, I can’t help but read the slow-motion drama that is Brexit through the lens of the 2016 Trump election. Each is a referendum on a half-century of internationalist and neoliberal policies at home and abroad, and on the political establishment (both liberal and conservative) responsible for implementing them. Both have made it […]
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My aim in writing Strategies for Managing Uncertainty was to understand how key players in oil and natural gas and automotive sectors have hedged their bets in making long term decisions, when the results of those decisions were unknown in advance. The purpose of the book is to reveal the hedging mechanisms of integrated oil […]
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