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.
Look and learn from Enron
Some major lessons can be learnt from Enron's collapse. Here they are, in an easy to remember list
Stiffening the auditors’ backbones (written with Bryan Carsberg)
The debacle of Enron has shaken core assumptions about auditors and auditing . A new accounting standards body needs to be appointed to maintain the integrity of corporate reporting.
A heavyweight metal
In the world of 'DIY economics' steel is as important as ever. Unfortunately, so are the unintended consequences.
Two sides of capitalism
Judge Kollar-Kotelly has the unenviable task of deciding whether Microsoft's antitrust settlement is in the public interest. If only she could focus more on the pluralism of markets.
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.
A watchful eye
Enron's swift slide to bankruptcy poses important questions on the regulation of electricity markets
Meeting of closed minds
It sat for 340 days, heard evidence from 195 witnesses and received over 4000 letters of objection. The public inquiry into Sizewell B was the second biggest ever - but it came to the wrong conclusion.
Knowing the unknowable
Historians and insurers will both have to re-write their books following the terrorist attacks on America.