Mention the euro and even one of the brightest and most original US economists reverts to pop economics. Paul Krugman’s keynote at a conference of Europeanists in Philadelphia on 15 April 2016 could not have been more packed with the received wisdom on optimum currency areas. It is supposedly a well-developed piece of economic theory, or so the audience […]
Devotion to a cause is the cornerstone of a successful career. But if we’re going to keep that commitment burning, we need to have the conviction that with enough willpower, we can get better at what we do, and overcome the inevitable setbacks.
The American psychologist Carol Dweck (see video below) explained the difference between a growth mindset, that makes […]
The global sources of foreign direct investment are changing, and state-owned enterprises (SOEs) are an increasingly large proportion of the pool of available global capital. In 2013, SOEs invested $US160 billion internationally, representing 11 per cent of global foreign direct investment flows, despite making up one per cent of total multinational corporations. SOEs also dominate cross-border mergers and acquisitions: […]
Imagine that your boss is abusive toward you. He or she regularly yells at you, belittles you in front of your co-workers, or prevents you from forming productive relationships with others at work. Interacting with a hostile boss is likely to leave you feeling scarred and defeated. You may experience dissatisfaction with your life or job, symptoms of depression, […]
How Industry Analysts Shape the Digital Future. Neil Pollock and Robin Williams. Oxford University Press. 2016.
For some years I served as a senior academic manager in the Faculty of Arts and Social Sciences at Lancaster University and was involved with a number of university-wide IT projects. It took me a little while to realise that the ‘Gartner’ who was […]
In the run up to the 2008/09 Great Recession, belief in monetary policy as a countervailing force against potential hard-landings evolved to a near article of faith. During the reconstruction from the ensuing wreckage, central banks across the globe engaged in liquidity expansion exercises in a scale that defied precedents. About seven years later, there seems to be a growing […]
Scenario planning is a well-known and commonly used strategy tool. Despite such widespread use (and its presence in business school curricula), there exists little consensus over what it actually involves, how and when it is done (or should be done), and how it can help organisations. My research attempts to address these issues and develop a more thorough understanding […]
Online piracy (also known as unauthorized file sharing) remains widespread. Technical and legal measures undertaken to fight it show only limited effectiveness, with these approaches sometimes causing substantial unintended side effects for the reputation of the industry and the welfare of even the most lawful consumers. As a case in point, Digital Rights Management makes copying for own purposes […]
Across America millennials face a crisis of home ownership. The American population born after 1989 are more likely to live with their parents, not just immediately after college but long into their twenties. With house prices on the rise, forming your own home early in life is a pipe dream for most. From 1997 to 2007, roughly 1.2 million households […]
In 2011 depositors of two banks in Latvia, Swedbank and SEB, rushed to empty their bank accounts after a rumor spread on Twitter claiming that the banks were experiencing financial trouble. The bank quickly addressed the rumors as false and police investigations were launched to track down the source of the claims. Despite this quick action, by the time […]