There are good reasons for state action in areas of business misconduct. But announcing ad hoc measures against companies in the news is the wrong way.
22 October 2014, Financial Times
15 October 2014, Financial Times
Life-saving advances are the greatest benefit of technological change. And yet when pundits discuss the future, the excitement around driverless cars and nanotechnology gives way to long faces when the topic moves to human longevity. It may be nice to live longer, but what about the effect on the economy?
08 October 2014, Financial Times
Payday lending changed its character because technological changes made it possible to target a new demographic profile. A genie has escaped the bottle, and it has to be coaxed back gently; attacked directly, it is likely to prove slippery and evasive.
01 October 2014, Financial Times
Government by announcement is now characteristic of British politics. The goal is to make statements that will receive favourable media coverage. But this has been particularly damaging to energy policy.
24 September 2014, Financial Times
The No side never grasped that the central argument of the Yes campaign is that Scotland is different. Every measure that respects the differences, far less emphasises or extends them, gives strength to those who favour independence.
17 September 2014, Financial Times
Scotland has prospered as part of a United Kingdom and could prosper as an independent country. Which course is more appropriate is a question of identity and values, not economics. And whatever the outcome of the referendum, sensible people will work together to ensure that outcome produces the best possible economic result.
10 September 2014, Financial Times
While most of the debate surrounding Scottish independence has been about economic matters, the economic arguments are far from conclusive either way. The real questions concern the sort of country Scots and Scotland’s residents want. The nation’s political future will drive the economics.
03 September 2014, Financial Times
We have a large consultancy business of transport modellers, environmental experts, risk managers and impact assessment modellers, the front line of an army that has turned evidence-based policy into policy-based evidence.
27 August 2014, Financial Times
Much of the complexity of modern finance is the result of regulatory arbitrage – avoiding or minimising restrictions by engaging in a transaction with more or less identical effect but more favourable regulatory treatment. Many regulators still cling to the hope that it could be eliminated if only rules were sufficiently extensive and sufficiently carefully prescribed. But this is an illusion.
20 August 2014, Financial Times
The use of hindsight to reformulate a question in such a way that it validates one’s original thesis is especially widespread among consultants and gurus. But an approach sufficiently loosely formulated that it can explain everything after the event actually explains nothing at all.
28 May 2008, Financial Times
You can search for all articles relating to a 'tag' by clicking on the relevant 'tag' word above. The size of the word indicates how many articles are available with the 'tag'.