The Agenda

The Power of Good Management

One of my pet causes is the importance of good management. Nicholas Bloom and John Van Reenen have observed that management quality can account much of the persistent difference in productivity across firms in a given sector, and indeed for much of the productivity gap across countries. And so promoting the diffusion of good management practices is arguably one of the best things policymakers can do. I was pleased to read a short article by Ray Fisman and Tim Sullivan, authors of The Org, touting the benefits of effective management consulting. The only weird thing about Fisman and Sullivan’s article is that they didn’t name the researchers they cite: Nicholas Bloom, Benn Eifert, Aprajit Mahajan, David McKenzie, and John Roberts. Props to them. 

Reihan Salam — Reihan Salam is executive editor of National Review and a National Review Institute policy fellow.

Most Popular

Books

The Maker of Middle-earth, in Gorgeous Detail

Oxford, England — After five months of ferocious and futile slaughter in “the Great War,” an Oxford undergraduate — knowing his deployment to the Western Front was inevitable — used his Christmas break in 1914 to cultivate his imagination. Twenty-two-year-old J. R. R. Tolkien began writing “The Story ... Read More
Culture

Road Trip

EDITOR’S NOTE: The following is Jonah Goldberg’s weekly “news”letter, the G-File. Subscribe here to get the G-File delivered to your inbox on Fridays. Dear Reader (Especially future contributors to my GoFundMe page), I am currently in the passenger seat of our family fun mobile, passing mile marker ... Read More
Politics & Policy

Answering my Critics

My post on Elizabeth Warren’s cynical/bonkers proposal to effectively nationalize every American firm with revenue of $1 billion or more has met with predictable criticism. I will address two points here. One, some have complained about the use of the word “expropriation,” or more broadly about ... Read More