Tag: Competition
A chance to restore confidence in Britain’s official data
Government spin is especially debilitating because government is a monopoly supplier of much of the information that an informed democracy requires.
Innovation is not about wearing a white coat
Like all business success, innovative success is based on matching capabilities to market.
The real cost to business of government guarantees
The most effective control is other parties’ diligence in assessing the businesses with which they deal.
How the market proved no panacea for BT
If you aim to create a dynamic, successful business, a state-owned utility is not the place to start.
Powerful interests are trying to control the market
A stance which is pro-business must be distinguished from a stance which is pro-market. In the two decades since the fall of the Berlin Wall, that distinction has not been appreciated well enough.
Chaotic evolution defines the market economy
Markets are not a well-oiled machine: they are a constantly changing, adaptive biological system.
The Future of Markets
Markets are not a well oiled physical machine: they are a constantly changing, adaptive biological system. Pluralism is their motive force, their essence chaotic, their development inherently uncertain. If we could predict the evolution of markets, we would not need markets in the first place.
Banks must learn to put the customer first
If financial institutions are to survive, they must behave more like supermarkets
Narrow Banking
The Reform of Banking Regulation
We should spend less time trying to ensure that our regulators can regulate financial behemoths with turnovers bigger than the...
First-class driving makes little economic sense
The benefit of road improvements is principally the reduced time and strain on private motorists, not the economic advantages to road transport operators: that lesson should influence the way we plan our road networks. Fast roads for light traffic are much cheaper to build than superhighways.
