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CEOs Don’t Care Enough About Capital Allocation

Harvard Business Review

” A quarter century later, not much seems to have changed: fewer than five out of the 100 CEOs on HBR’s 2014 list of best-performing CEOs even mention “return on capital” on their official biography — and none of those five lead companies listed in the Dow Jones Industrial Average (DJIA) or in the EuroStoxx50. .”

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What an Economist Brings to a Business Strategy

Harvard Business Review

In the 1900s, French mathematician-economist Leon Walras envisioned prices in a market economy being set by an auctioneer (since known as the “Walrasian auctioneer”) conducting continuous auctions for all kinds of commodities. Economists and market design. Economists and big data.

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The Irish Banking Crisis: A Parable

Harvard Business Review

He also founded Bubblegeneration, an agenda-setting advisory boutique that shaped strategies across media and consumer industries. Though the money supply did contract sharply, neither trade, commerce, nor industry came to a grinding halt. Imagine all the veins in your body suddenly shrinking and collapsing — Avada Kedavra!!

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