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The visible hand of the Treasury

The effort to define the 'third way' for the centre left after socialism continues with Gordon Brown's extended essay on economic philosophy to the Social Market Foundation. His analysis has many attractions - and many unresolved problems.

Desperate dons must take risks for bigger rewards

Tony Blair has shown decisive leadership qualities in putting forward necessary but unpopular proposals to restore universities' freedom to set fees. It needs to be matched by similar qualities of leadership in the universities themselves.

Incentive plans that corrode integrity

If profit related pay works for CEO's, then why not have growth related pay for the Chancellor? History tells us why this is a bad idea

Beware authority without legitimacy

Institutions have no power without legitimacy, English exam boards are learning this lesson the hard way

Britain counts the cost of wasted energy

With one short sentence uttered in 1965, Fred Lee, then Britain's minister for power, encapsulated the government's hopes of providing the country with cheap...

A balance between care and discipline

Balancing the needs of public sector companies with the needs of society is a delicate matter. It is however, possible to achieve.

God save the CEO

Queen Elizabeth II inherited her job as the "CEO" of Britain's most famous family firm. History shows us that those born into power can be just as effective as those who are chosen.

Twenty Years of Privatisation

Twenty years after it all began, the meaning of privatisation is now clearer. Privatised businesses have fared better than nationalised ones but most have not thrived in the private sector. And the plc model does not work for monopoly services.

Rivalry keeps an industry vibrant

The proposed merger between Go and Easyjet has provoked minimal controversy. This belies the important questions it poses for the future of competition policy.

Taming the public sector hybrid

There is too much inconsistency in the way the UK's privatised industries are managed and financed. A new and comprehensive plan is needed.

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