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Author Archives: Simon Wren-Lewis

Jeremy Warner, an editor at the Telegraph, once said there are either ‘big state’ people or ‘small state’ people. I felt the same way following the reaction to the collapse of Carillion: there are either ‘private good, public bad’ people or ‘public good, private bad’ people. Of course, reality is somewhere in between. Carillion went bust because of cost overruns or delays in three large construction projects. The nature of such projects involve that kind of risk, but clearly the company – despite its size – was not resilient enough to withstand those failures. It did not go bust because of privatisation of public […]
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