Lectures
Innovation, People and the Dismal Science
Investigates the disastrous impacts of neoclassical economic theory on the real economy. While the imperatives of innovative management are well understood they are completely frustrated by the dishonest dogma of agency theory and shareholder primacy, a leading strand of neoclassical thinking.
The Short Termism of Maximisation
The adoption of mathematics to model real world phenomena, such as markets, firms and people, and th4e simplisitc assumptionso f behaviour in order to comply with the limitations of differential calculus has led to the adoption of maximisation objectives which imply the impoverishment of everything else, especially the long term.
Management, Economics & Business Ethics:
Throughout management’s history, the theory and practice of management have been compromised by the universal adoption of the Friedmanite version of neoclassical economics. The resulting custom and practice might be moderated through the adoption of an ethical business stance, desp[ite the apparent conflict of interest between business ethics and economic theory.
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