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The erstwhile maitre du monde might have drawn a useful lesson from his experience at Compagnie Générale des Eaux before his apotheosis as chief executive of Vivendi Universal: the sewers and the stuff that goes down them do not need common ownership.
FT, 2.3.04
The Hare and the Tortoise
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Everlasting Light Bulbs
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The Truth about Markets
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Everlasting Light Bulbs & The Truth about Markets
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The Business of Economics
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The Foundations of Corporate Success
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