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Private sector myths

Professor Mariana Mazzucato has made a fascinating study of the roles of the state and private enterprise in innovation. Her book challenges the false image that business is innovative while the state is full of inertia.

Gallery board digs itself deeper into hole

27 February 2015

​Staff are continuing to fight for jobs at the National Gallery, with a new director due to take up his/her position next week and expected to implement the outsourcing policies of the previous director.

Accounting for money in the Soviet Union

During Socialist transition some workers were in more mechanised workplaces than others, some less rationally organised or working with less up to date equipment etc. So the same product(s) produced from different locations could not at this time be directly exchanged with other products solely on the basis of the number of hours worked.

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