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Students at Ecole Polytechnique. Their alumni network is one of the most powerful and may lead some to the top of a large French company. J. Barande/École Polytechnique

France’s elite schools and their alumni networks: a flaw in the governance of French companies

When the directors of a company are graduates of the same school as the executive, their ability to hold the executive accountable for his or her decisions becomes compromised.
A Renault Zoe charging. It’s currently one of the top-selling plug-in electric vehicles in Europe, but what would happen if subsidies dried up? Werner Hillebrand-Hansen/Wikipedia

Electric vehicles as an example of a market failure

Electric vehicles are taking off, but will demand remain sustainable once governments phase out subsidies? And as the “hidden costs” of the EV revolution emerge, some might get left behind…
Owen Humphreys / PA Wire

Why Britain should heed Japan’s Brexit warning

The road to Brexit looks long and winding, but it seems extremely unlikely that any outcome which threatens the long-term viability of foreign investment in the UK will be tenable.

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