Some tentative conclusions suggested by the blog so far.
Tag: productivity
A summary of this section of the blog.
A summary of Mazzucato’s seminal work on the role of the public sector in innovation and economic growth.
How we all end up being shareholders, and why much of the private sector is, in fact, publicly owned.
Decisions to invest in different businesses and sectors shape our society for generations to come. How are these decisions made, and how effective are financial markets at channelling credit to those sectors that create the best future for us all?
A summary of Lazonick’s work showing how corporate buybacks of shares have artificially inflated share prices, thereby boosting executive pay, while depriving the real economy of funds for investment in productivity.
How rising wealth inequality, leading to dramatic growth in institutional cash pools, has led to an unbalanced and unstable economy.
This is the first anniversary of the blog, and as it happens I’ve just finished 3 months of posts on one subject and am about…
A summary of this section of the blog.
A forensic examination of a stylised company’s balance sheet, to show that business saving should, in fact, be the true source of investment.