Capitalism and Crises: How to Fix Them

“The sophisticated argument of Mayer’s book, from my point of view, is that what companies should do is pursue enlightened self-interest. In other words, pursuing a purpose. Rather than saying, ‘How do I make short-term profits?’ it may well be that producing the best vacuum cleaner (for example) is the most profitable route. James Dyson made a lot of money because he was obsessed by making something that was special. Mayer’s book tells you what really serious long-term profit maximisation would look like.” Read more...

The best books on Economics and the Environment

Dieter Helm