Party rulers in China are trapped in a position that chess players deeply fear — zugzwang — where any move made puts you at disadvantage. In China, the potential cost of both action and inaction is economic collapse.
[credit provider=”Washington Post” url=”http://www.washingtonpost.com/wp-dyn/content/gallery/2010/06/25/GA2010062500023.html?sid=ST2010062600054″] While a dozen teams were manoeuvring to free the cap space needed to sign LeBron James or one of the other marquee free agents this summer, the Wizards went the opposite direction.Aware that they had little chance of signing James, they took advantage of other teams’ […]
Updated for 2010 and in time for the holidays, here is the latest instalment of my recommended books. I originally wrote this list in 2008 and again last year. I intend to keep adding to and revising it every year. It contains seven sections: Selling, Think Like an Investor, behavioural […]