Thursday, February 1, 2007

Retail, and the invisible hand of the economy

Reliance, Bharti may storm microfinance.

A perfect example of how the invisible hand of the economy works. Each agent works in his own self interest, leading to a greater good for mankind. The retail revolution in India may unknowingly help in fighting poverty in rural India.

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The role of strategy in firms

My latest column for The Hindu Business Line explores the role of strategy in firms . Full text follows -- While there are many defini...