One of my pet hates is corporate jargon or management-guru speak. I'm the Head of a Management School and I don't understand what people mean when they use corporate jargon. After sharing my pet hate with my colleague Alan de Bromhead, Alan kindly send me the video below where 'Weird Al' Yankovic lampoons corporate doublespeak and meaningless buzzwords in song - click here to learn more.
My colleague and former PhD student Gareth Campbell has created a website about the British Railway Mania - click here . This episode has been described by the Economist as probably the greatest bubble in human history. Gareth's website provides background on the Mania and posits some explanations for the 'bubble'. In his explanation of why the bubble happened, Gareth places a lot of emphasis on investor myopia regarding future dividends and uncalled capital. His study of investors during the episode does not support the view that this episode was fuelled by naive and irrational investors.