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 ...

Once upon a time, there was a wise and kindly Emperor, with a faithful retainer called Sid. One day, the Emperor took him aside ‘ ...

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The union of parliaments between Scotland and England took place in 1707. The triggering event was the failure of Scotland’s Darien expedition, an attempt to colonise a strip of land in what is now ...

The triumph of the market system over the planned economy was probably the defining economic event of our lifetime, its symbol the collapse of the Berlin Wall in 1989. In the advanced economies of the ...

The 19 th century was the century of the rise of large states. Countries became bigger, empires were formed. Continental Europe saw the political reunification of German and of Italy. France, and ...

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 ...

Scotland’s economic status as an independent country would be heavily conditioned by the outcome of negotiations with the EU and RUK. The terms of accession to the EU are mostly predetermined and the ...

I have spent quite a lot of my life looking at the regulation of industries other than financial services, so it is appropriate to start by spelling out some lessons of regulatory history. A central ...

The fall of the Berlin Wall in November 1989 was the defining economic event of our lifetime. It marked the end of the most extensive controlled experiment in the history of social sciences – the ...

The triumph of the market economy over planned economic organisation is perhaps the greatest economic story of our lifetime. There are broadly two elements to an account of why this happened: These ...