I had a growing feeling in the later years of my work at the subject that a good mathematical theorem dealing with economic hypotheses was very unlikely to be good economics; and I went more and more on the rules (1) Use mathematics as a shorthand language, rather than as an engine of inquiry. (2) Keep to them until you have done. (3) Translate into English. (4) Then illustrate by examples that are important in real life. (5) Burn the mathematics. (6) If you can't succeed in (4), burn (3). This last I did often. (in a letter written in 1906 to A. L. Bowley)
Hey up lad. Not sure if
Hey up lad. Not sure if you'll see this but... there's some interesting stuff to be done around this public/private split that we both might agree on somewhat. As you've probably picked up, I think the tory (and nulab) idea of privatisation can only help turn private sector firms into rentiers.
But I'm some ways from knowing a good solution since I'm not particularly enamoured with much of the way state organisations are set up. Have you read Steven Johnson's "Where Good Ideas Come From"? There's some very interesting stuff in there about platforms / building on platforms to enable new levels of productivity / creativity. It struck me as a fantastic and useful metaphor (well, he makes that comparison himself) and a good neutral way to think about how we end up building social structures that actually work.
The example I keep on banging on about: the NHS hack day vs the monstrosity of the most appalling IT failure.. I say 'failure', it obviously wasn't for anyone who actually managed to get paid for that...