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This cycle reiterates that interest rates are a blunt tool to guide the economy
This splendid biography of ‘the last conservative’ is also an insightful history of 20th-century thinking
Central bank policymakers do not seem to want to find new tools that work
Businesses can and should pursue environmental and other social goals within the present legal framework
Central bankers ought to wonder why they succumbed to a fantasy about the Great Depression
A new look at two giants of postwar economics whose views shaped the free market
Danone and the good corporate citizen
Investors can transmit their preferences via their choice of mutual fund and watching how it votes
The prevailing commitment to short-termist shareholder value has undermined corporate resilience
Savers overweight in cash should consider putting the surplus into funds, stocks and bonds
The doctrine that has guided economists and businesses for 50 years needs re-evaluation
The new ‘save everything’ paternalism is burying companies’ basic need to make a profit
Coronavirus sheds fresh light on the economist’s narrow definition of social responsibility
We will not leave Friedman’s doctrine behind until there is a European movement to rebuild competition
The real problem is a declining natural rate of interest through demographic shifts and lower productivity growth
With advertising budgets under pressure during the pandemic, it is tempting to be cynical
And why meaningful corporate-specific targets are needed if social impact objectives are to be achieved.
From China’s economic miracle to Friedman, GDPR and the yellowhammer’s song
Who is right? Twitter or Milton Friedman?
Most of us would sacrifice some money for our beliefs. So should the companies we own
The collapse of a few small funds in February helped fuel a terrifying stock-market slide. Why?
It took the banking crisis of 2008 to expose the flaws of shareholder value
How do you sift through 794 economic blog posts in a single morning? Giles Wilkes ascends the landslide
International Edition