Tag: Politics
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.
A financial disservice
If the government wants people to save more it will have to look beyond first year economics. Full information and homogenous products are no antidote to imperfect human nature
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.
Migration ins and outs
Our understanding of the effects of immigration is often distorted by emotive political arguments. An economic analysis uncovers some interesting questions.
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.
Perpetually unsettled
The seeds of Argentina’s economic downfall were sewn early in the nation’s history. The distribution of land rights caused political and economic problems that would eventually cripple the country