In entrepreneurship, delegation is often seen as perhaps something akin to a four-letter-word. I have met countless founders over the years who have been nothing short of insistent that they should know every last detail about every part of the business. We’ve all met the sort before, the archetypal ‘micro…
Thought Economics


“Macroeconomics has not done well in recent years…” writes Nobel Laureate Joseph E. Stiglitz, “The standard models didn’t predict the Great Recession; and even said it couldn’t happen. After the bubble burst, the models did not predict the full consequences.”  In a hugely relevant recent paper titled “Reconstructing Macroeconomic Theory…

Thought Economics


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