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Economic Man’s Guilty Pleasures

By Peter Hulm Peter Hulm is a former Guardian correspondent now living in Switzerland. An advisor to the European Graduate School on innovative journalism, he specializes in the postmodern aspects of media and advises international development organizations. Zurich must be one of the few major cities where you can get a tram at 8.15 in […]

The complex effects of technological dislocation

By Chris Davies The widespread coming-to-prominence of the New Institutional Economics (NIE) school, which was given a little push recently by the sad news of Elinor Ostrom’s death, has brought to the fore the importance of economic structures.  This is surely a good thing: by acknowledging the importance of institutions, formal and informal, the NIE […]

Kahneman and schizophrenia in economics

By Paul Ormerod I was at a fascinating session last Thursday, with Nobel Laureate Daniel Kahneman in conversation with a leading thinker from the advertising world, Rory Sutherland of Ogilvy and Mather.  Kahneman was talking about his book Thinking Fast and Slow, a summary of his life’s work. I am a great admirer of Kahneman.  […]

Values, the Economy, and the Financial System

By Greg Fisher Recently I have spent a lot of time thinking about the relationship between human values and economics & finance.  Specifically, this has been in two related areas: the types of corporate legal forms that exist (see Paul’s blog on this); and the “Social Investment market”.  In this blog I would like to […]

Corporate structure, Darwinism and random selection

By Paul Ormerod The corporate world exhibits a wide variety of structures.  Co-operatives and partnerships have been around for a long time and have some well known examples.  The Co-op, for example, was founded in Rochdale as long ago as 1844 and now is represented worldwide.  Goldman Sachs was a partnership for most of its […]

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