September 19, 2017

Archives for May 2017

What do you mean economists are boring?

The Financial Times had an astonishing story Friday 26th May. The World Bank’s Chief Economist Paul Romer had been stripped of his line authority and management duties following what the FT called ‘uproar’ and a ‘revolt’ by his 600 economists. The Guardian also covered the furore here. So what had caused such tumult? A street […]

Bitcoin bubble? Not just for hackers

Remember bitcoin? The online currency that burst into people’s consciousness a few years ago and then kind of drifted off to the margins, not really being of much significance to anyone outside money launderers and suchlike? Sweeping generalisations aside, bitcoin never really went away. The reason for its loud arrival in 2013 can be put […]

Feedback – friend or friendly fire?

‘We seek it here, we seek it there, we seek that feedback everywhere’ (with apologies to The Kinks!). Having just returned from overseas MBA teaching, and having bought some rather large household items since, I have been bombarded by companies wishing to ‘engage’ with me. Hotels, airlines, online services, you name it, all wanting to […]

Do older leaders do less leading?

There is remarkably little research on how age affects leaders. Therefore, a recent study provides a most interesting look at how and why leadership behaviours might change with age. In brief, the researchers questioned 106 German university professors and found that their ‘legacy beliefs’, which changed with age, were found to negatively impact their level […]

Economics on toast – the price of avocados

I enjoy eating avocados; they are high in good fats and supposedly great for my health. I noticed recently, however, that the price of avocados in my local supermarket has substantially increased. It appears that I am not the only one enjoying avocados; there has been a huge surge in demand for the fruit. While […]

Five ways to beat ploys

Ploys are used by negotiators all over the world to manipulate the outcome of a deal in their favour. Ploys can come at any stage of the negotiation and we often don’t even notice them (especially if they are played by an expert!). They are dangerous and frankly not the best way to secure a […]