A.M. Edition for Oct. 6. WSJ’s Rochelle Toplensky explains what went wrong in Britain’s energy transition and what other countries can learn from this. The Senate prepares another vote on raising the U.S. debt limit.
New Zealand raises interest rates as more central banks worry about rising inflation. Hundreds more join the oil spill cleanup in California. Plus, how the world’s biggest toy maker, Lego, stayed popular during the pandemic. Peter Granitz hosts.
The LEGO brick may not look like much but it is the cornerstone of the $38.5 billion Danish company. Today, LEGO’s blockbuster portfolio includes collaborations with The Beatles, Star Wars, and Frozen, a mega-hit movie franchise and 8 LEGOland theme parks. A toy that was once thought of for little boys is seeing its largest growth coming from girls and adults. But in the early 2000s, the company made several missteps and came extremely close to declaring bankruptcy. Here’s how LEGO reclaimed its status as one of the most successful toy companies in the world.
Monocle’s editor in chief, Tyler Brûlé, is joined by John Goodwin, the CEO of the Lego Foundation, from its home city of Billund in Denmark. We learn why the global crisis in education might be an opportunity to reimagine learning and to rediscover the value of play.