It could be argued that this is a moment of great change in business education, not unlike that which led to the Gordon-Howell report, as the research-practical application debate, the emphasis on ethics and the demand for MBAs provoked by the financial crisis come together.

ECONOMIST: The Gordon-Howell report of 1959

The first practical application of embryonic stem cells was to provide a way for the gene-targeting trick invented by Dr Capecchi and Dr Smithies to be used to produce adult mice lacking particular genes or knockout mice, as they are now called.

ECONOMIST: The 2007 Nobel science prizes