Scotland’s decision to reject independence could leave the country in the worst of all possible worlds in terms of developing policies to promote value creation in an economy where services are dominant. The consensus among conventional economists was that independence…
Month: September 2014
Cities are growing and price has little to do with it
Everyone knows that London is an expensive place to live, but how big’s the cost difference with other parts of the UK? The price of a London home is at least $600 a square foot. A house less than three miles…
Scottish independence and the state in the age of intangibles
Value-creation in services is exclusively the product of constructive interaction at the level of the individual. This fact is testing business corporations and states in different ways. For businesses creating intangibles, the challenge is delegating responsibility for interaction with customers…