Why do economists have so little to say about crime?So much of the global economy is underpinned by criminal behaviour, but economists aren’t close enough to what is going on to understand…Dec 29, 2020Dec 29, 2020
Where does all the money go?Although big companies aren’t as efficient as they claim to be, there is no doubt they make a lot of money. But where does it all go?Dec 9, 2020Dec 9, 2020
Efficiency is a mirageIn my previous articles I’ve been critical of the domination of markets by very large companies. Your response might well be, “so what…Nov 29, 2020Nov 29, 2020
There’s nothing natural about most marketsEconomists have for too long allowed their desperate attempts to be considered more ‘science-y’ than the other social sciences to blind…Nov 19, 2020Nov 19, 2020
In business, it’s survival of the fattest not the fittestEveryone ‘knows’ how survival of the fittest works in business: big companies are the fittest by the very fact of their existence. If they…Nov 11, 2020Nov 11, 2020