All posts filed under “Blog

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The free-market eats itself

Pfizer’s putative takeover of British pharma giant Astra Zeneca exposes yet another intellectual paradox of free market economics. Left to their own devices, firms will always try to takeover other firms or force them out of business. But every takeover (or bankruptcy) by definition reduces… Read More

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Machiavelli and the Half-Blood Prince

I’ve just caught up with Alan Yentob’s BBC documentary on Machiavelli and The Prince, broadcast (I think) around Christmas. Old Nick is going through something of a rehabilitation at the moment (Jonathan Powell has recently published a sympathetic “updating”, for example) at the hands of… Read More