The contrast between Brecht’s whimsy and the catch phrase of The Apprentice, ‘You’re fired.’, illustrates why the skills of the successful business leader differ from those of the successful ...

Business historian Alfred Chandler documented the rise of the modern managerial corporation in his magisterial Strategy and Structure (1962).The book showcased General Motors, along with chemical ...

In what I say today, I wish to emphasise the goals of effective capital allocation and the promotion of financial stability. A further important objective of financial regulation w is the prevention ...

The nineteenth century displayed a recurrent pattern of boom and bust, but in the early part of the twentieth century, the amplitude of crises increased, culminating in the Wall Street crash and Great ...

Modern banks – and most other financial institutions – trade in securities, and the growth of such trade is the main explanation of the growth of the finance sector. Lending to firms and individuals ...

The search for insight into the rise of Donald Trump has propelled this elegantly written account of a Yale law school graduate’s Appalachian upbringing into the US best seller list. Vance describes a ...

In this remarkable and intensely readable book, Jesse Norman dispels ‘five myths’ about Adam Smith. Norman is a Conservative MP, and the very existence of the book, which draws on his background as a ...

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 mark of my esteem, you will receive a ...

Sir John Kay is an economist whose career has spanned the academic world, business and finance, and public affairs. He has held chairs at the London Business School, the University of Oxford and the ...