Harvard Business Review
AUGUST 23, 2011
Thomas Merton, the famous Trappist monk and Catholic scribe wrote, "A monk is a man who has given up everything in order to possess everything. Thomas Merton's abbey at Gethsemane sells cheese, and in the 160 years since it was founded it has grown from 44 monks to precisely 65. We have an inadequate supply of saints.
Harvard Business Review
SEPTEMBER 29, 2014
They might be surprised at how certain economic notions have been directly applied in business, with largely positive results. Consider first the increasing use of auctions, which have a distinguished history in the development of economics. Here a few notable examples. Admittedly, better pricing of options has been a mixed blessing.
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