In this paper we deal with the concept of the learning economy and its suitability to describe the modern globalizing economy. We contend that in contrast to the many fleeting catchwords and phrases found in economics and public policy, the notion of the learning economy represents a superior...

We propose a model where voters experience an emotional cost when they observe a firm that has displayed insufficient concern for other people's welfare (altruism) in the process of making high profits. Even when there exist few truly altruistic firms, an equilibrium may emerge where all firms...

A review of the challenges faced by business schools and how to deal with them.