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A Rent-Seekers Honey Pot- part 2

If you set aside the management cliches, Liveris’s recent address to the National Press Club in which he alluded to three important global trends – anti-globalization, digitalisation, and sustainability – and the need to revitalise manufacturing in this country, was indeed an interesting, polished speech. Not perhaps revelatory in substance but all good stuff. But […]

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Covid Economic Recovery Commission (NCCC) A Rent-Seekers Honey Pot? – part 1

I’m sure, many would have read the economist Mancur Olsen’s “the Rise and Decline of Nations”. A must read for economists during the ‘80s.- it certainly influenced my thinking. Essentially, Olsen described the process of social decay resulting from what he termed “institutional sclerosis”. He observed that stable political democracies, through the process of evolution,

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