Rethinking Capitalism: The Power of Creative Destruction
With the proper safeguards, creative destruction – the process by which the new replaces the old – remains the way to greater economic growth and prosperity.
In Bad Times, Decentralised Firms Outperform Their Rivals
When there’s increased turbulence, delegating power improves sales and productivity, boosting a firm’s chance of survival.
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Consumers’ Green Conscience Fosters Clean Innovation
It’s not cheap talk; when market competition is fierce, the effect of consumers’ values on green innovation can be as strong as a large fuel price increase.
