Everlasting light bulbs
- 184 pages
- 7 hours of reading
This collection of short essays features articles based on economic topics and opinions.
John Anderson Kay Books
This author finds excitement in applying rigorous and logical analysis to understand society. Their early academic career in economics, fostered by work under future Nobel laureates, evolved towards popularizing and applying economic concepts. Experiences in both public and business policy provided unique insights into the workings of markets and corporations. Their writing is characterized by an effort to make complex economic issues accessible to a broader audience.
Mergers and Merger Policy
- 368 pages
- 13 hours of reading
British merger policy, which has long lacked clarity and effectiveness, has been the subject of government review. This collection of essays by leading policymakers and academics confronts several crucial questions about the merger process: Does it serve as a check on management efficiency, or is it the result of too little control or too much management discretion? Do shareholders and consumers gain or lose from mergers? Is the effect of mergers on competition the only public concern, and how anyway is competition to be assessed in an economy increasingly dominated by imports? Can policymakers learn from abroad, or are the current institutions and procedures the best available?
