Joseph Stiglitz is an American economist and a member of Columbia University faculty. He is a recipient of the John Bates Clark Medal (1979) and the Nobel Prize in Economics (2001).

Former Senior Vice President and Chief Economist of the World Bank, he is famous for his critical view of globalization and international institutions like the International Monetary Fund and the World Bank. In 2000 Stiglitz founded the Initiative for Policy Dialogue (IPD), a think tank on international development based at Columbia University. Since 2001 he has been a member of the Columbia faculty, and has held the rank of University Professor since 2003. He also chairs the University of Manchester’s Brooks World Poverty Institute. [Hat tip to FinanceProfessor.com]

"...the Laffer Curve simply reveals that higher tax rates will lead to less taxable income (or that lower tax rates will lead to more taxable income) and that it is an empirical matter to figure out the degree to which the change in tax revenue resulting from the shift in the tax rate is offset by the change in tax revenue caused by the shift in the other direction for taxable income. This should be an uncontroversial proposition, and these three videos explain Laffer Curve theory, evidence, and revenue-estimating issues. Richard Rahn also gives a good explanation in a recent Washington Times column." [Hat tip to and Annotation by FinanceProfessor.com]

In the third of a three part podcast series Donald Sull, Associate Professor of Management Practice in Strategic and International Management at London Business School, talks about how to put the notion of a strategy loop into practice in an organisation.

In the first of a three part podcast series Donald Sull, Associate Professor of Management Practice in Strategic and International Management at London Business School, discusses closing the gap between strategy and execution, focusing on strategy and its discontents.

A somewhat controversial, but nonetheless interesting attempt to explain exactly what money is, how it is created, etc.

How much should a company charge for its products or services? Many companies don't know how to answer this question, and instead let customers and competitors drive their pricing decisions. To keep prices consistent and profitable, companies need to adopt a consistent pricing structure. By strategically managing price structure, the pricing process, and value-based communications, companies can achieve greater profits.

There are 7 steps in a successful selling cycle. Learn what they are and how to do them.

Author Matt Symonds shares tips on how stand out from the pack.

The main purpose of the project VideoLectures.Net is to provide free and open access of a high quality video lectures presented by distinguished scholars and scientists at the most important and prominent events like conferences, summer schools, workshops and science promotional events from many fields of Science. The portal is aimed at promoting science, exchanging ideas and fostering knowledge sharing by providing high quality didactic contents not only to a scientific community but also to a general public. All lectures, accompanying documents, information and links are systematically selected and classified through the editorial process taking into account also users' comments.

As part of his continuing series Making Sense of financial news, Paul Solman has a unique look at the legacy of economist John Maynard Keynes, who first introduced the concept of government intervention in the economy, and his countertenor Friedrich Hayek. [Hat tip to FinanceProfessor.com]