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Community is the purpose of business: the co-creation of wealth and value
posted by Tony Manwaring  on December 3, 2008

I had the great joy of spending a wonderful time last week talking with Anant Nadkarni - Vice President, (Corporate Sustainability) of Indian giants Tata.

Anant quoted Jamsetji Tata, the Founder of Tata (1839 – 1904):  "In a free enterprise, the community is not just another stakeholder in the business but in fact the very purpose of its existence.” 


How to stay ethical during a downturn
posted by Michael Smith  on November 28, 2008

How to stay ethical during a downturn: this was the theme of a talk given by Roger Steare, author of Ethicability, at Cass Business School in London on 26 November.


A Zero Carbon Economy
posted by Jitin Goyal  on November 28, 2008

Till recently I used to think that smoking is by far the most irrational of all human habits. Why do millions of otherwise rational and intelligent people ignore overwhelming scientific evidence that smoking is injurious to health (causes lung cancer, makes you impotent, kills you…) keep puffing away nevertheless? My theory is that on the human timescale, the pernicious affects of smoking are far too remote to worry about before you actually get seriously ill, by which time it is too late. In other words, we humans cannot fathom a disaster till it is looming large in front of us. One can also say that smoking is simply a tough habit to kick, once you do get addicted (As Mark Twain claimed, “Giving up smoking is easy... I have done it hundreds of times”). I can say this from personal experience, having smoked off and on for several years before finally going cold turkey a couple of years ago.

Issue(s): Sustainability

Tag(s): Mitigation


What is our human response to the financial crisis?
posted by Michael Smith  on November 26, 2008

What is our human response to financial crisis and recession? They need moral as well as economic components, as the father of capitalism emphasised.


Keynes, Marx and Smith – the rebirth of policy as if economics and the real economy matter
posted by Tony Manwaring  on November 25, 2008

“I should have saved my pennies like when I was just a kid, my piggy bank lasted longer than the bankers ever did” – a line taken from the Credit Crunch Anthem, one of a number You Tube offerings ranging from the brilliant to the naff, to be sung to the tune of ‘Candle in the Wind’. 

 

It’s my birthday weekend, and one of my nicest birthday presents is that the thing I studied at University – economics - suddenly matters again.

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