This team, which we call a guiding coalition, must have the right composition, level of trust, and a shared objective.

FORBES: Building the Team You Need to Drive Change

Mr Freeman finds that, in practice, employment-protection laws appear to have little effect on the overall level (as opposed to the composition) of employment.

ECONOMIST: The world is not converging on a single kind of capitalism

The authors focus on the level of capital flows, rather than their composition.

ECONOMIST: Economics focus

This improvement is principally due to higher auction and private sale commission revenues, partially offset by an increase in operating expenses that is due, in part, to higher incentive compensation costs, a higher level of direct costs consistent with the volume and composition of auction sales, and the cost of investments in strategic initiatives.

FORBES: Sotheby's Q3 Sales Down 4%