John Allen Paulos’ book Innumeracy tackles the fact that much of what is talked about in the public sphere shows an alarming lack of mathematical fluency. I had to agree with many of his points. (Though it might need a new edition; some of the writing seemed a bit dated, there were a frightening number…
Category: Public Policy
Business Schools And The Teaching Of Political Marketing
Paul Baines, an academic at Cranfield in the UK, has made the argument that business schools are not utilizing political marketing to its fullest. What do we know about business schools and the teaching of political marketing? What should they do? Why? What Do Business Schools Teach? Few business schools have courses on political marketing….
Business School Academia And The Craft Guild
Business schools are strange places to work. They are part of universities but it certainly seems like they never totally belong. What then do we know of business school academia and the craft guild? Business School Academia And The Craft Guild Other academics (indeed a fair number of business academics), rightly or wrongly, may see…
Do Facts Matter To Persuasion?
One of the major debates in marketing is: Do Facts Matter To Persuasion? The good news is that it will never be finished. Sometimes they do, sometimes less so is probably the answer. Still, it generates debate. Understanding People Who Don’t Think Like Us I really wanted to like Scott Adams’ Win Bigly. What was…
Character And Impacting Politics From Retirement
David Brooks’ book The Social Animal was fascinating. We saw a Conservative commentator engaging well with social science. The Road to Character is a rather different book. What then does Brooks tell us about character and impacting politics from retirement? Brooks As Biographer It is a collection of biographies designed to encourage more moral behavior….
Do We Always Fall For Cons?
Maria Konnikova goes through an exciting review of a lot of psychological findings in her book — The Confidence Game. At times I wondered, do we always fall for cons? Confidence Helps Konnikova is an engaging writer and her book is well informed by academic research. She has the fascinating story of a con man…
Price Wars
The problem of price wars is a significant one for businesses. The Problem of Price Wars Consumers generally love price wars. It is possible for such conflicts to hurt consumers long-term but in the short-term lower prices share more of the value created by the business. This makes consumers happier. Managers can more easily see…
Public Policy And Intangibles
Haskel and Westlake in their excellent book “Capitalism without Capital” point out the problems that record keeping has with recording assets. (My last comment on this book I promise). There is a big problem in respect of public policy and intangibles. Reporting Challenges They note the asymmetry of the rules around intangible reporting. Namely that intangibles…
Why Are Intangible Investments Different To Tangible Investments?
Haskel and Westlake’s main point in Capitalism without Capital is that the world is changing and that the predominant form of investment nowadays (investments in intangibles) is different from investment in tangible assets. Why are intangible investments different to tangible investments? The Four Ss of Intangibles The authors, in making the case for intangible investments…
What Does Marketing Do?
What does marketing do? Many people really have little idea. Establishing what marketers do can be an important first step to a meaningful discussion. People Don’t Necessarily Understand marketing Haskel and Westlake have a great new book — Capitalism without Capital. In this they highlight a major problem that they see. The problem they note is…
