Economic Experts

Clare McAndrew On Why the Art Market’s Future Lies Beyond the $10 Million Sale

In this Q&A, Arts Economics founder Clare McAndrew explains why confidence is the art market’s most valuable currency, how generational and geographic shifts are redistributing power and why the next phase of growth will depend on transparency, diversification and redefining what counts as “art” in an expanding global economy.

Nostalgia Is Not a Strategy: Rethinking Competitiveness in 2026

Stéphane Garelli, Professor Emeritus at IMD and the University of Lausanne and founder of the World Competitiveness Center, examines how four decades of globalization have given way to a more fragmented, politicized world economy. Drawing on his experience at the World Economic Forum and decades of research on national and corporate competitiveness, Garelli argues that nostalgia for the past is not a strategy, and that diversification, resilience, reliability and pricing power will define which companies succeed in 2026.

Why Pricing Needs a Behavioral Reset in an Era of Rising Costs

Ann Padley and Jenny Millar, co-authors of The Pricing Sprint and leaders of the consultancy Untapped Pricing, explore why many companies are losing value because customers aren’t perceiving their prices as intended. Drawing from their deep expertise in behavioral pricing strategy, Padley and Millar unpack how anchoring, choice architecture and decision simplicity can meaningfully shift purchasing behavior without altering a single price point. In a market defined by rising costs and limited pricing power, the next wave of commercial growth will come from understanding how customers actually make decisions and designing pricing strategies that reflect those real-world behaviors.