A good paragraph on management

This comes from Rebecca Henderson, professor at Harvard Business School, in a 2017 talk on the future of capitalism: The intuition is that we pretty much know there’s a better way to manage the firm. It involves high trust, work groups, communication, high integrity, treating people with respect, doing continuous improvement. Again, I’m telling you […]

Opinions, “bias,” explanation, and journalism

Politifact’s Bill Adair writes: In my courses at Duke, I begin each semester with a diagram I call the “Continuum of Journalism,” which includes a range of journalistic genres: op-eds, investigations, fact-checks, you name it. The continuum could easily be rebranded “The Bias Meter.” At one end is what I’ve labeled “Objective News”—stories that strive […]

A very good paragraph on superstar firms

Neil Irwin, writing at The Atlantic, excerpted from his book How to Win in a Winner-Take-All World: And among economists, the evidence keeps building that the concentration of major industries among a handful of superstar firms might be connected to deep economic dysfunctions. When there are fewer employers in an industry, for example, they have more power to depress workers’ […]

Future of capitalism links

Just a space to link to reading that’s focused on the future of capitalism: Articles Zingales: “Dear Graduates” The Guardian’s “Broken Capitalism” series Paul Polman Bill Gates BusinessWeek: 7 Fixes for American Capitalism Books Jump-Starting America The Value of Everything Can American Capitalism Survive? The Future of Capitalism Rebecca Henderson (forthcoming)