What you need to know: April 2019

Fresh ideas, surprising opportunities and valuable insights from across the web: Management Today's picks of the day.

by Management Today staff

30/04/2019

The false choice between business and ethics

If you wouldn’t swindle your friends to make a quick buck, why would you do the same to your suppliers? Professors Edward Freeman and Bobby Parmar argue against the idea of all being fair in love, war and business. Long-term success rarely comes to those with this transactional mentality, which is why increasingly firms are turning to a more relationship-driven approach, closing the artificial –and often uncomfortable – gap between business ethics and personal ethics. MIT Sloan Review

Bretton Woods 3.0: New rules for the international economy

The rise of China on the one hand and mounting dissatisfaction at economic inequality on the other threatens to force major changes to the global trade framework, embodied by organisations such as the International Monetary Fund and the World Bank. In this column, Juliet Samuel argues that free market advocates have few fresh ideas, while left wing economists are exploring radical solutions that harken back to the age of John Maynard Keynes, including taxes on Forex trades and a clearing union to counteract large-scale currency movements. The Daily Telegraph (paywall)

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