Several topics on economic growth theory are explored in this post, including research from the OECD on the likely sources of productivity growth, and McKinsey on the characteristics of high growth firms, industries and cities. Continue Reading …
Based on empirical evidence and ideas from experimental and behavioural economics, economist Dan Ariely describes common tendencies that lead individuals and groups towards patterns of irrationality and decision making traps, in his book Predictably Irrational: The Hidden Forces That Shape Our Decisions. Continue Reading …
Theranos, the biotech startup that once promised revolutionary blood test technologies to the world, came to an end after evidence of its fraud finally came to bear. Journalist John Carreyrou unravels the rise and downfall of the company, once valued at $9B, in his book Bad Blood: Secrets and Lies in a Silicon Valley Startup. This post summarises a few factors that enabled Theranos’ rise, and several red flags that warranted greater scrutiny from cautious investors (in hindsight). Continue Reading …