Harvard Business Review (Brazil):
As corporac?es na era da desigualdade
5 June 2017
Article by Nicholas Bloom
Translating the economic principles into common language is the passion of Nicholas Bloom, who describes his work as "bar economics" or "concepts that I can explain to my friends drinking beer in London". Here he resumes the common mistaken interpretations on inequality of income and proposes a new way to think the problem. Quoting the Brexit in the United Kingdom, the United States presidential election, the five-Star Movement in Italy and the revival of Marine Le Pen in France, bloom opines on income inequality: "It's not just a huge social issue, but she's now running global politics." After completing his Ph.D. at University College London — his thesis was on the economic impact of political uncertainty —, Bloom accepted a job at Stanford and began translating his interests into management in an academic research agenda. Working with colleagues from Harvard Business School and the London School of Economics, he collected data on the management and financial performance practices of 100000 organizations from 35 countries. In the article "The management really works?", with Raffaella Sadun and John Van Reenen, he showed empirical evidence that good management has a great impact on the economy.