The belief that an aggregate of casual opinions provides a better process of value discovery than a flow of informed judgment through close engagement by investors, is an article of faith rather than a matter of empirical evidence.
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17 December 2014, Financial Times
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.
09 April 2014, Financial Times
In today’s world of global business and finance, people make agreements in whatever currency they like and under whatever legal system they choose.
21 March 2014, Financial Times
The man who “laboureth much, and sparing the fruits of his labour, consumeth little” should not, Hobbes argued, pay more “than he that liveth idlely, getteth little, and spendeth all he gets”.
19 March 2014, Financial Times
The test of an organisational structure is not how it handles success but how it copes when things go wrong.
26 February 2014, Financial Times
Whatever Mr Salmond may say, there has to be a plan B.
05 February 2014, Financial Times
Obtaining better information about companies is essential to the efficiency of markets and society: obtaining it fractionally earlier is of no public value at all.
08 January 2014, Financial Times
When the sea defies mankind’s efforts to keep it in place, the shore people want these costs, too, to fall on the public at large.
30 November 2013, Financial Times
The centre of political gravity in Scotland is far to the left of that of the UK and that is at the centre of the concerns – widely held but little expressed – of Scottish business over independence.
28 August 2007, Financial Times
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