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Inefficient markets

Defenders of private equity say it improves efficiency, creates jobs and offers better returns to investors. But it runs against the trend for more accountability
Michael Prest  

Inefficient markets

Close scrutiny of the supercasino applications reveals that the mooted benefits of job creation and regeneration may not be quite so clear as they seem
Michael Prest  

Inefficient markets

Ken Livingstone rides to the defence of the stock exchange, just when it doesn't matter any more. Plus, accurate data does matter. Can we rely on the ONS?
Michael Prest  

Inefficient markets

Millions of Americans want to gamble over the internet—so why is the Senate trying to stop them? Plus, why it is too early to write off Europe's Airbus project
Michael Prest  

Wolfensohn’s World Bank

What is the role of the World Bank, the world's biggest development agency, now that private capital flows freely to many poor countries? Michael Prest surveys the first year in office of president James Wolfensohn and his attempt to renew…
Michael Prest