From its beginnings in 1843, when The Economist newspaper was founded by a Scottish hat manufacturer to further the cause of free trade, The Economist Group has evolved into a staunchly independent global media and information-services company with intelligent brands for an international audience.
Paul Krugman, a Nobel prize-winning economist-cum-polemicist, argues that it is difficult to think of any noteworthy financial breakthroughs that have benefited society in the past 25 years. Joseph Stiglitz, another Nobel laureate, has highlighted the fact that most financial innovation in the build-up to the financial crisis “was not directed at enhancing the ability of…
Manufacturing still matters, but the jobs are changing. In recent years, increased levels of outsourcing, offshoring and the growth of sophisticated supply chains have encouraged numerous companies all over the world to use China, India and other lower-wage countries as workshops. However, Western policy-makers are in the process of reconsidering this arrangement compliments of the…
Manufacturers are increasingly working with new, game-changing ingredients, becoming more and more inventive when it comes to the materials they use. The motivating factor behind this is the desire to continue to use experienced, high-end manufactures who are capable of guaranteeing a quality product – that obviously charge more than low-cost (inexperienced) manufacturers in foreign…
Change is coming to Cuba at last. The United States could do far more to encourage it. As things stand, Cuba is one of the few countries in the world that still practices communism. However, in a positive turn of events, it seems Cuba is finally making moves toward capitalism. This will not only greatly…
Recently the European Commission issued a proposal allowing the EU close its public-procurement markets to firms from countries that exclude European competitors from their public contracts. However, liberals are in shock, and far from supportive of the concept of restricted trade. Undeniably this is a seemingly strange proposal, given that European economies would like to…
Apple is an iconic brand. Now it is a totemic investment, too. With share price have risen by a phenomenal 83% over the past year, making it the largest company in the world. In fact, a number of bank analysts have begun reporting America’s corporate earnings excluding Apple, as including the firm so skews results. And…
