Economist
Strategic Concepts & Mechanics
Primary Evidence
"Articles Austin, K. L., “Ivar Kreuger’s Story in Light of Five Years,” The New York Times, Mar. 7, 1937. Barman, T. G., “Ivar Kreuger: His Life and Work,” The Atlantic Monthly, vol. 150, Aug. 1932, at 238-50. Blystone, Richard, “The Crash Heard ‘Round the World,’” The Associated Press, Oct. 29, 1979, AM Cycle. Cannon, Arthur M., “Kreuger, Genius and Swindler,” Journal of Accountancy, Sep. 1961, at 94. Childs, Marquis W., “Sweden: Where Capitalism is Controlled,” Harper’s Magazine, vol. 167, Nov. 1933, at 749. Citron, Bernhard, “America Sinks; Russia Rises,” Litter’s Living Age, Jun. 1932, at 315. Crum, W. L. and J. B. Hubbard, “Review of the First Quarter of 1932,” Review of Economic Statistics, vol. 14, May 15, 1932, at 66-73. Done, Kevin, “Swedish Match Strikes Back in Royal Style,” Financial Times, Mar. 31, 1987, at 6. Fane, Malachy, “The Swedish Juggler,” New Republic, vol. 71, Jul. 13, 1932, at 239. “Financial World Not Yet Sure What Kreuger Suicide Means,” Business Week, Mar. 19, 1932, at 5. Flesher, Dale L. and Tonya K. Flesher, “Ivar Kreuger’s Contribution to Financial Reporting,” Accounting Review, vol. 61, no. 3, Jul. 1986, at 421-34. Flynn, John T., “Kreuger: Another Holding Company Debacle,” New Republic, vol. 71, May 25, 1932. “Four Masters of Fraud,” Newsweek, vol. 49, Apr. 11, 1957, at 94. Galbraith, John Kenneth, “How to Become an International Swindler,” Reporter, vol. 16, Mar. 21, 1957, at 45. “German Matches; Strike a Light,” Economist, Jan. 22, 1983, at 66. Hertzberg, Sidney, “Aftermath of the Kreuger Crash,” Current History, vol. 39, Nov. 1933, at 239. Hertzberg, Sidney, “Ivar Kreuger’s Liabilities,” Current History, vol. 37, Nov. 1932, at 233. “High Finance: The House of Matches,” Time, vol. 46, Nov. 5, 1945, at 88. “Kreuger Finale,” Time, vol. 28, Jul. 13, 1936, at 66. Labaton, Stephen, “Archives of Business: A Rogues Gallery; Ivar Kreuger: Sweden’s Match King,” The New York Times, Dec. 7, 1986, sect. 3, at 23. Lambert, Richard, “Shady Dealings on the Grandest Scale,” Financial Times, Aug. 15, 1984, at 9. Lazar, Maria, “Is Kreuger Dead?,” Littell’s Living Age, vol. 344, Mar. 1933. Lebergott, Stanley, “The Shape of the Income Distribution,” American Economic Review, vol. 49, Jun. 1959, at 328. Lewinsohn, Richard, “Second Thoughts on Kreuger,” Littell’s Living Age, Jun. 1932, at 318. Lundberg, Erik, “The Rise and Fall of the Swedish Model,” Journal of Economic Literature, vol. 23, Mar. 1985, at 1. Lyons, Eugene, “Interviewing the Titans,” Saturday Review of Literature, vol. 18, Oct. 22, 1938, at 6. Marcosson, Isaac F., “An Interview with Ivar Kreuger,” Saturday Evening Post, Apr. 2, 1932, at 3-5. Marcosson, Isaac F., “The Match King,” Saturday Evening Post, Oct. 12, 1929, at 3-4. Marcosson, Isaac F., “The Swedish Recovery,” Saturday Evening Post, Feb. 22, 1936, at 23. “Matches: Cigarettes Light Way for Continued Diamond Profits,” Newsweek, vol. 7, Jun. 13, 1936, at 34. Olson, Alma Luise, “Kreuger is Called Victim of System,” The New York Times, Mar. 26, 1933, at 2. Picton, John, “The Death of the World’s Greatest Swindler,” Toronto Star, Aug. 21, 1988, at A0. Ross, Nancy L., “Yesterday’s Financial Failures, Today’s Successful Souvenirs,” Washington Post, Mar. 1, 1981, at F1. Rydbeck, Oscar, “Was Kreuger Crazy?,” Littell’s Living Age, Jun. 1932, at 321. Shaplen, Robert, “Annals of Crime: Kreuger - I,” New Yorker, vol. 35, Sep. 26, 1959, at 51. Shaplen, Robert, “Annals of Crime: Kreuger - II,” New Yorker, vol. 35, Oct. 3, 1959, at 108. Shaplen, Robert, “Annals of Crime: Kreuger - III,” New Yorker, vol. 35, Oct. 10, 1959, at 51. Simons, Rodger L., “The Garden of Sweden,” North American Review, vol. 238, Nov. 1938, at 414. Smith, Geoffrey, “The Legacy of Ivar Kreuger,” Forbes, vol. 136, Dec. 2, 1985, at 143. Soloveychik, George, “The Tragedy of Ivar Kreuger,” Nineteenth Century, vol. 111, Apr. 1932, at 421. “Swedish Stockmarket; Too Hot to Handle,” Economist, Apr. 30, 1983, at 106. Taylor, J. R., “Some Antecedents of the Securities and Exchange Commission,” Accounting Review, vol. 16, Jun. 1941. “The Diamond Match Co.,” Fortune, vol. 19, May 1939. “The Kreuger Case Again,” New Republic, vol. 73, Jan. 25, 1933, at 284. “The Kreuger Saga,” Littell’s Living Age, vol. 355, Feb. 1939. “The Passing of Ivar Kreuger,” Literary Digest, Mar. 26, 1932, at 56. “The Week,” New Republic, Mar. 23, 1932, at 1. “The World Over,” Littell’s Living Age, vol. 342, May 1932, at 189. Thompson, Howard and Anita Gates, “Movies: Critics’ Choice,” The New York Times, Dec. 5, 1999, at 6. Thompson, Ralph, “Sweden’s Losses in Kreuger Crash,” Current History, vol. 36, Jul. 1932, at 501. Thompson, Ralph, “The Unfolding of the Kreuger Scandal,” Current History, vol. 36, Jun. 1932, at 361. Unstad, Lyder L., “Sweden: The Middle Way,” American Economic Review, vol. 26, Jun. 1936, at 304. Visser, W. A., “Who was Ivar Kreuger?,” Christian Century, vol. 49, May 11, 1932, at 617. Webb, Sara, “Stora Offers 541 M Pounds for Swedish Match,” Financial Times, Mar. 10, 1988, at 48. “Why the House of Kreuger Fell,” Literary Digest, vol. 115, Feb. 4, 1933, at 40. Whyte, Frederic, “An Interpretation of Ivar Kreuger,” Contemporary Review, vol. 143, Apr. 1933, at 465. Winkler, Max, “Playing with Matches,” in Foreign Bonds: An Autopsy, (Beard Books, 1999), at 93-103. Winterich, John T., “Swindler Extraordinary,” Saturday Review, vol. 40, Feb. 2, 1957, at 20. “World’s Greatest Swindler,” Time, vol. 69, Jan. 28, 1957, at 106. Wuorinen, John H., “Kreuger’s Vanished Millions,” Current History, vol. 26, May 1932, at 241. Zeff, Stephen A., “How the US Accounting Profession Got Where It is Today: Part I,” Accounting Horizons, vol. 17, no. 3, Sep. 2003, at 189-205."
"Imagine this: you are going into a meeting at Dulux to announce your new advertising strategy. Will anyone ask you a hard question about what was wrong with the old one? Probably not. Announce you are killing off the dog, and you’ll face a fight. Next try suggesting the Economist should abandon red, and Sheilas’ Wheels should try plainsong. See the point?"
"Twenty-eight years later, the Economist of November 10, 1990, put it this way: . . . non-convex problems . . . are puzzles in which there may be several good but not ideal answers which classical search techniques may wrongly identify as the best one. I concluded that I didn’t have to find an optimum solution to Pronto’s difficulties, just a reasonable one. Trying to find an optimum solution in business is a waste of time: the factors in the equation are changing all the time. But you’ve got to have something to hang your hat on. The one core value that I chose was our high compensation policies, which I had put in place from the very start in 1958."
"Wall Street Journal, the Financial Times, the Economist, Barron’s, Fortune, Bloomberg Businessweek, and Forbes, along with more abstruse publications like American Banker and the International Railway Journal."