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	<title>The Rise and Fall of Management</title>
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	<link>http://www.management-riseandfall.info</link>
	<description>A brief history of practice, theory and context</description>
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		<title>The Alternative to Friedman’s Ideology</title>
		<link>http://www.management-riseandfall.info/02/the-alternative-to-friedman%e2%80%99s-ideology/</link>
		<comments>http://www.management-riseandfall.info/02/the-alternative-to-friedman%e2%80%99s-ideology/#comments</comments>
		<pubDate>Thu, 02 Sep 2010 14:55:41 +0000</pubDate>
		<dc:creator>Gordon Pearson</dc:creator>
				<category><![CDATA[Economic Theory]]></category>
		<category><![CDATA[Free Market Capitalism]]></category>
		<category><![CDATA[Political Decision]]></category>
		<category><![CDATA[Shareholder Value]]></category>
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.management-riseandfall.info/?p=524</guid>
		<description><![CDATA[The Hayek / Mises argument that any small step to the left leads inevitably to full on totalitarian socialism, might have had something going for it when the world was beset by Hitler, Stalin, and the fascist governments of Spain, Portugal and Southern America. And later, when national-socialism and fascism had become history, but communism [...]]]></description>
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		<title>The Institutional Truth of Transaction Costs</title>
		<link>http://www.management-riseandfall.info/25/the-institutional-truth-of-transaction-costs/</link>
		<comments>http://www.management-riseandfall.info/25/the-institutional-truth-of-transaction-costs/#comments</comments>
		<pubDate>Wed, 25 Aug 2010 10:01:31 +0000</pubDate>
		<dc:creator>Gordon Pearson</dc:creator>
				<category><![CDATA[Agency theory]]></category>
		<category><![CDATA[Corporate Ownership]]></category>
		<category><![CDATA[Economic History]]></category>
		<category><![CDATA[Economic Theory]]></category>
		<category><![CDATA[Free Market Capitalism]]></category>
		<category><![CDATA[Management Practice]]></category>
		<category><![CDATA[Shareholder Value]]></category>

		<guid isPermaLink="false">http://www.management-riseandfall.info/?p=521</guid>
		<description><![CDATA[Since Adam Smith’s example of the pin factory, economists have never been able to produce a satisfactory theory of the industrial firm. They’ve thought of it as a black box, expressed it as a production function involving such illuminating variables as price and quantity, and they’ve reduced it to the agency relationship falsely claiming managers [...]]]></description>
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		<title>The Utility of Economics</title>
		<link>http://www.management-riseandfall.info/17/the-utility-of-economics/</link>
		<comments>http://www.management-riseandfall.info/17/the-utility-of-economics/#comments</comments>
		<pubDate>Tue, 17 Aug 2010 08:52:39 +0000</pubDate>
		<dc:creator>Gordon Pearson</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.management-riseandfall.info/?p=515</guid>
		<description><![CDATA[The problem with economics is that it sometimes gives the impression of being practically useful. As an academic subject its great virtue is in training the mind, a component of what Newman referred to as a liberal education, in the same way as latin used to be. For some time the mind training role of [...]]]></description>
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		<title>Breaking up the Banks</title>
		<link>http://www.management-riseandfall.info/10/breaking-up-the-banks/</link>
		<comments>http://www.management-riseandfall.info/10/breaking-up-the-banks/#comments</comments>
		<pubDate>Tue, 10 Aug 2010 13:46:16 +0000</pubDate>
		<dc:creator>Gordon Pearson</dc:creator>
				<category><![CDATA[Bank Bonuses]]></category>
		<category><![CDATA[Corporate Governance]]></category>
		<category><![CDATA[Financial Sector]]></category>
		<category><![CDATA[Political Decision]]></category>
		<category><![CDATA[Regulation]]></category>
		<category><![CDATA[Shareholder Value]]></category>

		<guid isPermaLink="false">http://www.management-riseandfall.info/?p=481</guid>
		<description><![CDATA[The little UK bank reporting season is over. £15Bn profits have been reported. Bonuses are being calculated. The time they took us all over the brink is becoming a distant memory, along with the ‘too big to fail’ mantra. Sir John Vickers’ commission on banking regulation won’t report for another twelve months and by then [...]]]></description>
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		<title>CBI&#8217;s faux call for tougher takeover rules</title>
		<link>http://www.management-riseandfall.info/02/cbis-faux-call-for-tougher-takeover-rules/</link>
		<comments>http://www.management-riseandfall.info/02/cbis-faux-call-for-tougher-takeover-rules/#comments</comments>
		<pubDate>Mon, 02 Aug 2010 22:34:21 +0000</pubDate>
		<dc:creator>Gordon Pearson</dc:creator>
				<category><![CDATA[Corporate Governance]]></category>
		<category><![CDATA[Corporate Ownership]]></category>
		<category><![CDATA[Economic Theory]]></category>
		<category><![CDATA[Financial Sector]]></category>
		<category><![CDATA[Free Market Capitalism]]></category>
		<category><![CDATA[Management Practice]]></category>
		<category><![CDATA[Moral Hazard]]></category>

		<guid isPermaLink="false">http://www.management-riseandfall.info/?p=428</guid>
		<description><![CDATA[Almost every empirical study of the value of takeovers indicates that overall there is no gain; the acquirer doesn’t benefit and the overall economy usually loses out. The only ones who gain are the shareholders of the acquired company, and in cases like the Tomkins sell out currently going through, its top management whose pay [...]]]></description>
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