Om effektivitet

"The Conservatives achieved big changes in British Steel, British Airways and British Leyland through disengagement rather than through privatisation. The combination of managerial freedom and hard budget constraints – the knowledge that government was genuinely willing to allow these companies to fail – transformed the atmosphere in these businesses. Indeed in all these cases it
was improvements in the efficiency of the companies which made privatisation possible, rather than the other way round."

Om ägande

"Governance arrangements are the key, not ownership"