IT USED TO BE THAT THE EVER-GROWING western economy covered the flaws of a business – and this was superficially true. Most business success in the past 60 years has occurred because of conditions outside the boardroom – like, say, the incredible economic growth consistent since World War 2 – and not because of the talent, products or location. It …

IT IS ALMOST REDUNDANT to suggest that the media has some morbid fascination with pushing an apocalypse of gloom and doom. And while it’s not as exciting to acknowledge as the scary bedtime stories of impending global collapse, it nonetheless remains the truth: the world’s economy is still remarkably strong. Macro-economy is functionally based on a simple relationship between two …