Posts Tagged ‘John Kay’

Not doing the same things better

The most important source of economic advance comes not from doing the same things better, but from achieving the same objective in a completely different way. John Kay, The startling human progress that economists fail to see. Sama mõtet saab väga hästi laiendada ka juhtimisse. Sellest pole eriti kasu, kui püüame paremaks timmida juhtimispraktikaid, mis […]

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Rikkus ja majandusteooria suhtelisus

You can become wealthy by creating wealth or by appropriating wealth created by other people. When the appropriation of the wealth of others is illegal it is called theft or fraud. When it is legal, economists call it rent-seeking. John Kay, Financial Times, 10.11.2009

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