Not all discounts are welcome: Beware the myopia of company bosses

It’s an unfortunate fact of economics and finance that many different concepts seem to have been given the same name. “Current account”, for instance, refers both to someone’s regular bank account and also the difference between an entire nation’s income and expenditure. “Capital” can mean an individual’s financial wealth, the money that flows across national borders, and also, just to add to the confusion, a bank’s safety buffer.