Recent Posts

Defy Amazon by saying no to technology

Think you have to be online to succeed in UK retail these days? Think again. Some of the winners over the crucial holiday period don’t even sell via the internet. Although Associated British Foods Plc’s Primark suffered from the warm October —as did its rivals —its domestic sales were miles ahead. It was a similar picture at the UK arms ...

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In defense of good old per capita GDP

The quest to replace per capita GDP as a growth indicator has officially come full circle: If you aggregate the latest version —just unveiled at Davos by the World Economic Forum (WEF) —with previous attempts, the top of the resulting list isn’t that different from the original recipe. Like the other composite indicators —the United Nations’ Human Development Index, the ...

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Europe isn’t quite as united as it claims

The choreography could not have been better this week. The leaders of the euro zone’s three largest economies took the stage at the World Economic Forum in Davos one after the other to deliver the same message. In the era of Donald Trump’s “America First,” the leaders of Italy, Germany and France all spoke up to oppose protectionism and embrace ...

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