Manufacturing and the Limits of Comparative Advantage
Vague talk about future innovations, a post-industrial society, or an explosion of services exports is not the stuff on which to bet the prosperity of a nation.
Vague talk about future innovations, a post-industrial society, or an explosion of services exports is not the stuff on which to bet the prosperity of a nation.
Raymond J. Learsy | Posted 06.25.2009 | Business
Though Obama has enough on his plate, if time and energy can be directed at China because of export trade constraints, then certainly action against the OPEC cartel is long overdue.
ft.com | Martin Wolf | Posted 06.24.2009 | Business
Proposals for reform of financial regulation are now everywhere. The most significant have come from the US, where President Barack Obama's administra...
Robert Teitelman | Posted 06.23.2009 | Business
The real-life goal of management is to create wealth. The only MBA oath that makes sense should resemble that of doctors: do no harm.
David Fiderer | Posted 06.17.2009 | Business
Credit default swaps are insurance without the normal restraints imposed traditional insurance. Normally, you are not supposed to insure an asset that you do not own.
Jeff Madrick | Posted 06.14.2009 | Business
Capitalism, unfettered by proper regulation and limits, did fail. If the economy is reaching bottom, government intervention did indeed save the day.
Michael Wolff | Posted 06.03.2009 | Media
Facebook 'credits' to buy virtual goods from the third-party applications that run on the site is one of the ways Facebook plans to make money.
Raymond J. Learsy | Posted 06.03.2009 | Business
Far be it for the Financial Times, forever the apologist for any upward aberration in oil prices, to discuss the machinations of OPEC, or trading aberrations on commodity exchanges.
Financial Times | Posted 05.26.2009 | Media
Perhaps some of the reporting done up to now by for-profit papers will in future be funded by foundations or trusts. But the industry should not lose ...
Guardian | Steve Busfield | Posted 05.08.2009 | Media
The Financial Times's circulation dipped by 2.51% last month after the paper raised the price of its daily and weekend editions. Pearson's financia...
Susan Moeller | Posted 05.04.2009 | Media
How can you tell whether you are getting a story that is balanced and proportionate to the crisis or one that is fanning panic and hysteria? One quick guide is to evaluate the pictures.
Financial Times | Posted 05.01.2009 | World
China raised the spectre of renewed international trade friction over market access for foreign financial information providers as the government said...
Neena Satija | Posted 04.22.2009 | Media
Financial journalists failed because they're in the same straits that most journalists have been in for a while now: Understaffed and unduly influenced by their revenue sources and by the public.
David Fiderer | Posted 04.15.2009 | Business
Why would Merrill's senior management, with BofA's acknowledgment, base their internal year-end projections on the assumption that securities prices would recover so sharply?
Christian Science Monitor | Posted 03.29.2009 | Media
Has The Onion's radical cousin sprouted in London? On Friday, less than a week before the Group of 20 meeting, anti-capitalist protesters in London...
Thomas Crampton | Posted 03.18.2009 | Media
Early this month the Financial Times launched China Confidential, a high-end, China-focused news service headed by former China bureau chief, James Kynge.
Arianna Huffington | Posted 03.14.2009 | Politics
Hot on the heels of his Reversal on Rush, RNC Chairman Michael Steele this week delivered his U-turn on Choice -- first saying women "absolutely" have the right to choose abortion then, after having his knuckles rapped, asserting his pro-life bona fides: "always have been, always will be." At a time when there is a serious discussion around the world about the future of capitalism, including a must-read series in the Financial Times, the GOP is so devoid of actual ideas that spineless lightweights like Steele -- and cartoon characters like Rush Limbaugh, Joe the Plumber, and Sarah Palin -- are able to step in and fill the intellectual void. Bill Buckley must be spinning in his grave.
Brooke-Sidney Gavins | Posted 03.09.2009 | Media
And as interesting (or not) as this whole conversation about what Twitter is, the better question to ask is why are people using it? Why has Twitter caught on?
Jonathan Tasini | Posted 03.09.2009 | Business
Yes, that is the underlying message delivered today by one of the world's leading financial publications. For many of us, this is no surprise: you h...
Jeremy Newman | Posted 03.04.2009 | Business
Frank-Walter Steinmeier, the Social Democrat candidate to be the next German Chancellor, has a new take on Fair Value Accounting. He criticized it and said it had encouraged risk taking.
Guardian | Caitlin Fitzsimmons | Posted 02.05.2009 | Media
The Financial Times is dropping sports coverage and cutting its page count as part of a cost-cutting drive. An FT spokesman said the Saturday sport...
New York Post | KAJA WHITEHOUSE | Posted 01.31.2009 | Media
Poor Steve Schwarzman. The billionaire buyout king, made infamous for his million-dollar birthday party two years ago and a penchant for $40 crab leg...
Saskia Sassen | Posted 01.27.2009 | Business
The shadow banking system is not illegal or clandestine. It is in the open, but it has thrived on the opaqueness of the investment instruments, facilitated by their complexity.
Guardian | Stephen Brook and Mark Sweney | Posted 01.12.2009 | Media
The Financial Times group is planning to make up to 80 staff redundant across its global operations, telling journalists today that 2009 will be a "cr...
Martin Nolan | Posted 12.15.2008 | Media
In 2008, during the biggest financial news story since 1929, the credibility of the Wall Street Journal's ed page coughed, sputtered, and collapsed.
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Ralph Gomory | Posted 07.08.2009 | Business