Global supply chains are still a source of strength, not weakness
Body of Knowledge Thought Food

Global supply chains are still a source of strength, not weakness

Resilience comes not from autarky but from diverse sources of supply For the best part of a week, the Suez canal was blocked by a 200,000-tonne metaphor. The Ever Given is not just one of the world’s biggest container ships, it is also the emblem of a backlash that accuses globalisation of going too far….

What the Big Mac index tells you about currency wars
Body of Knowledge Thought Food

What the Big Mac index tells you about currency wars

Despite a recent bout of weakness, the dollar still looks strong. Consider the Big Mac index, our lighthearted measure of currency valuation. Of the currencies of the 20 trading partners studied by America’s Treasury, our measure suggests that all have gained relative to the greenback since July, but that all apart from the Swiss franc…

How understanding light has led to a hundred years of bright ideas
Body of Knowledge Thought Food

How understanding light has led to a hundred years of bright ideas

The revolutionary theory of the nature of light which won Albert Einstein the 1921 Nobel prize for physics went on to remake the world. Oliver Morton surveys a century of innovation. Albert Einstein won the 1921 Nobel prize for physics in 1922. The temporal anomaly embodied in that sentence was not, alas, one of the…

Covid-19 is foisting changes on business that could be beneficial
Thought Food Body of Knowledge

Covid-19 is foisting changes on business that could be beneficial

The world has been turned on its head thanks to COVID19 and as with most negative things, such as wars and other pandemics, there is generally a hidden benefit that appears once the crisis is over. The fallout from the Coronavirus is already beginning to demonstrate new ways of working and bringing about changes to…