Retailing in 21st Century United Kingdom

The UK retail sector is currently undergoing possibly the biggest transition period since retailing began. Everywhere we look in the media we see the headlines of 50% rises in online spending and another high street chain closing due to a fall in sales.

Will the New Apple iPhone Cause Poverty?

There is a naive belief that, as the rich get richer, they consume more of the world's resources and – in so doing – leave an ever dwindling amount of stuff over for the poor.

Why Indian Economy is Set to Overtake the UK Economy

India is the second largest country in terms of population, however for many years its economy has struggled to compete with other Asian and developing economies. The Indian economy has in the past been characterised by low growth, endemic poverty and focused primarily on the agricultural sector. However in recent years the Indian economy has started to grow at a particularly fast rate. Latest GDP statistics suggest the economy is likely to grow at between 6 and 7% for the next couple of years. What has contributed to this remarkable turnaround in economic performance?

Now The World Needs to Learn to Compete and Cooperate

Recently the very wise Henry Kissinger outlined the past history of WW I and the Cold War and then philosophized on what needs to be done with regards to the coming together of Eastern and Western Culture. Although I am sure not many people picked it up in his interview, the message he summarized in one sentence towards the end was clear and it is correct;

Easy Money – State of the 2007 Economy

How long will the good times last? The economy is still on a roll but don’t take it for granted.

Is There Such Thing as a Free Market Economy?

Many people discuss the importance of a free market economy and site numerous examples of how economies work best when they have less regulation. This is all well and good but one has to ask; Is There Such Thing as a Free Market Economy? That is to say does such a free-market economy actually exist and if so where or where could she be?

Thoughts on the Nash Cournot Equilibrium Theory

Economics are fun to think about and John Nash Nobel Prize Winner in Economics indeed had something to say about it. He theorized that if each player of a game continued their strategy and maintained their individual effort that no player of the game, no matter how many would have an advantage no matter how long the game were played as long as the rules remained the same.

Super Bowl Bets Beat Many Nations Gross Domestic Product

The figures are finally in for the amount of betting that occurred during the Super Bowl. The 41st Super Bowl had more betting than the gross national domestic product of the bottom 100 nations. Are we at the height of decadence as the Romans were at the height of their civilization? Does that mean we are at the top of the Bell Curve and ready to go down and decline as a nation. One would hope not and yet those are the facts.

China and India on the Rise; US Lagging in Innovation

Many have said that the issues with China and India taking the world by storm and attracting its manufacturing base is not a problem. Why? Well because they say nations like the US will move from manufacturing to service sector and into technology, designing a knowledge based workforce. That is to say; we design it and they will make it.

Economics and CEO Type Leaders in Government; Some Thoughts

Currently we have an MBA President and our economy is cooking along find, actually better than anyone could ever expect. Should we continue to have MBA Presidents? How about CEO Type Leaders in Government, many believe we should, even as they also say that government is not a for profit business.

Workers in Developed Countries are Not Creating Wealth

The vast majority of people in emerging economies work hard and honestly and they try to get something out of their hard work. It is a bit of exaggeration to say that most people in developed countries do not work hard or honestly, but too many people work in such ways that they do not exactly contribute to the development of their economies.

Why the Penny Should be Retired

Do you know it costs MORE to make a penny, than the value of the penny itself? If you have been provoked to think, do something about it!

The Wave of Changing Demographics and the Need for an Intellectual Capital Insurance Policy

As populations age there will be fewer people providing the productivity and more people on the public receiving side of things. This poses a problem for many nations including the United States. Recently, our Online Think Tank considered this and a member William Sheridan mentioned the need for an Intellectual Capital Insurance Policy for Canada and the US.

Disadvantages of UK Joining the Euro

There are several disadvantages for the UK joining the Euro. Foremost amongst these is the loss of an independent Monetary policy. The UK economy is also doing well even though they are not in the Euro.