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Prepare for 25 December like it’s a work day

By |December 14th, 2015|

Dr Steve McCabe, Birmingham City Business School

Christmas Day is one day when we are expected to let our hair down and enjoy the fact that for most people, it is a day off work. For children up to a certain age there is the joy of playing with toys that have magically appeared overnight and, […]

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Should we be concerned by the continuing plunge in the Chinese stock market?

By |July 30th, 2015|

Dr Steve McCabe, Birmingham City University Business School

Economists like to think that there are consistent pattern of behaviour in markets. However, ‘markets’ are simply a mechanism consisting of the aggregate behaviour of those who trade in whatever the relevant commodity is.

It’s important to remember that market behaviour is influenced by the basic human instincts of […]

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The economics of Eurovision

By |May 21st, 2015|

Dr Steve McCabe, Birmingham City Business School

The fact that the Eurovision Song Contest is taking place in Vienna this Saturday and celebrating its 60th birthday might be seen as something of a minor miracle. Entirely resonant with the famous quote by Mark Twain in The New York Journal of 2 June 1897, over the last […]

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As McDonald’s turns 75 – do you know how it all began?

By |May 14th, 2015|

Dr Steve McCabe, Birmingham City Business School

The car manufacturer Henry Ford is the name most associated with having allowed the vision of scientific management come to life through his adoption of message contained in Frederick W. Taylor’s 1911 book Principles of Scientific Management.  

Ford’s ability to utilise what we now call mass production was revolutionary […]

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Which political leaders have performed better than we expected?

By |May 7th, 2015|

Dr Steve McCabe, Birmingham City Business School

Are you still undecided on who to vote for at the polling station today? Perhaps Dr Steve McCabe’s observations on the political parties may help you to decide…

The Conservatives enjoy support on the basis of their perceived ability to manage the economy. However, whilst they have been able to […]

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Another ‘old friend’ disappears

By |March 31st, 2015|

By Dr Steve McCabe, Birmingham City Business School 

Today’s announcement that the local bakery company Firkins has closed down with the loss of 100 jobs is, as always, a tragedy for the families affected by a sudden loss of income.

Firkins is a company that will be very familiar to those who live in the West Midlands […]

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The budget – Really a Comeback?

By |March 20th, 2015|

by Dr Steve McCabe, Birmingham City Business School

For many who listened to yesterday’s budget there may be a feeling that they are living in a parallel universe. George Osborne’s claim that we have never been better off will be disputed by those whose incomes have fallen in the years since the catastrophe caused by economic […]

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Cameron has been scarred by his experience of TV debates

By |March 5th, 2015|

Dr Steve McCabe, Birmingham City Business School

It’s a bit rich of Cameron who in the period preceding the last election goaded the then prime minister, Labour leader Gordon Brown to engage in a TV debate so that, like the USA where such events are common, the voters could see the key people who they would […]

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How significant is Greece’s general election?

By |January 26th, 2015|

Dr Steve McCabe – Birmingham City Business School

The Greek election has huge significance. Voters there have voted for a party committed to tearing up the agreement made with the ‘troika’ of the IMF, EU and ECB (European Central Bank) that has provided an economic package of £185 billion since 2010. Greece, we should remember, suffered […]

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The rise and fall of Phones 4u

By |September 16th, 2014|

Dr Steve McCabe – Birmingham City Business School 

Fascinatingly the person who founded the company Phones 4u John Caudwell, who sold it for £1.5 billion in 2006, became involved by a mixture of accident and pragmatism. He was a car dealer and wanted a way to contact prospective buyers. So in the mid 1980s he discovered […]

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