At the start of the second world war, Winston Churchill and his cabinet had to make a lot of big decisions. As you would expect. Decisions which would have grave consequences for many people. They did it with imperfect information …
Coronavirus: Leaders not the only ones facing tough decisions Read More
The UK government has asked UK manufacturers to help make 20,000 ventilators in less than 2 weeks. Jaguar Rover, Rolls Royce, Vauxhall and Airbus are all involved and the effort is being coordinated by a management consultancy. The goal is …
Coronavirus: Ventilator solution is there if we look hard enough Read More
Vera Brandes was a 17-year-old girl in 1975. She was a jazz fan and she had begun organising jass concerts because of the lack of live performances in Germany at the time. Tim Harford relayed the story of Vera in …
Obstacles and failures jazz up the way to run a business Read More
The grocery industry in many countries has been disrupted by a new kind of grocery store called a hard discounter. When grocery shopping, we’re used to seeing the home brands. These are the budget-focused brands such as Pams, Budget and …
Putting all your eggs in one basket can be a good thing. Read More
There’s a weed called Shepherds Purse and it tends to thrive in paddocks that grow crops. Farmers will cultivate their paddocks and prepare a nice seedbed. They then plant the seed of their desired crop. The crop grows and the …
Dr David Rosenhan was a psychologist from Stanford University. In 1972 David and some other volunteers, who also happened to be psychologists and psychiatrists, feigned hallucinations in order to get admitted to psychiatric hospitals across the USA. Once they were …
