The United Continental ‘reaccomodation’ of a passenger is a symptom of a deeper structural deficit in the industry. The structure pits passengers against shareholders and the first tend to loose […]
Some, like Ray Dalio, argue that the rise of populism has become the biggest threat to the markets. Many agree, populists very much included, that a rise in inequality and […]
Since the late 1970s, the concept that firms exist exclusively for creating shareholder value has gained track and it is now firmly anchored by a host of institutions. While it […]
Twitter’s CEO gave away a third of his shares to employees. Rather than depending on the altruism of CEOs, wider share ownership should be institutionalized. This will have benefits at […]