Since the record of state-run industries over the past century has been one of cronyism, sluggishness and inefficiency, this ought to have given the authors pause.
We'll bring you the latest on an FT scoop about the government's flagship regeneration scheme in the north now under scrutiny amid allegations of cronyism and waste.
After accusations of cronyism, the UK government defends health secretary Matt Hancock after it emerged he is part owner of a firm along with his sister which won contracts from NHS Wales.
The last long-term shift is less certain and more unwelcome: a further rise in corporate concentration and cronyism, as government cash floods the private sector and big firms grow even more dominant.