Alejandro Chafuen in Forbes: State-owned enterprises and trade

Alejandro Chafuen, Acton’s Managing Director, International, published a piece in Forbes yesterday on the place of state-owned enterprises in international trade. The question also extends to industries that, even if not owned by the state, are significantly influenced by government interests, regulation, and so on. Continue Reading...

Drucker on private property and the modern corporation

This is the sixth in a series of essays on Peter Drucker’s early works. Peter Drucker recognized the revolutionary aspect of the corporate form. The older corporations wielded something close to sovereign authority as they essentially ruled the territory wherever they traded and planted. Continue Reading...