A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
Nobel-Prize-winning economist Paul Krugman argues that business leaders need to understand the differences between economic policy on the national and international scale and business strategy on the organizational scale. Economists deal with the closed system of a national economy, whereas executives live in the open-system world of business. Moreover, economists know that an economy must be run on the basis of general principles, but businesspeople are forever in search of the particular brilliant strategy.
A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
Insights on economic policy versus business strategy distinctions.
Who is this book for?
If you're interested in understanding the fundamental differences between running a nation and managing a company, Krugman's clear explanations are eye-opening. This book sheds light on why economic policies can't be directly compared to business strategies, making it a must-read for aspiring leaders and thinkers alike.
