Envy is both inseparable from economic progress and destructive of social cohesion. Some inequality is inevitable, and there seem to be three principal factors that make it more tolerable.
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04 December 2013, Financial Times
19 June 2013, Financial Times
Corporation tax is a tax on corporate activity and on shareholders, and it is not well designed to achieve either purpose.
13 January 2010, Financial Times
Digital media is the future and two decades from now the book business will look very different.
25 November 2009, Financial Times
All our experience of the development of information technology starts from what the customer might want rather than what the technology might do.
18 November 2009, Financial Times
If you aim to create a dynamic, successful business, a state-owned utility is not the place to start.
11 November 2009, Financial Times
A stance which is pro-business must be distinguished from a stance which is pro-market. In the two decades since the fall of the Berlin Wall, that distinction has not been appreciated well enough.
04 November 2009, Financial Times
Markets are not a well-oiled machine: they are a constantly changing, adaptive biological system.
20 October 2009, Wincott Foundation
Markets are not a well oiled physical machine: they are a constantly changing, adaptive biological system. Pluralism is their motive force, their essence chaotic, their development inherently uncertain. If we could predict the evolution of markets, we would not need markets in the first place.
23 September 2009, Financial Times
Bogus quantification attempts to compress complex problems and analyses into single observations.
25 March 2009, Financial Times
Dominance of an industry or activity is not the same as scale. International trade is conducted by individuals and businesses, not governments, and it is them, who negotiate the division of the value added trade creates.
22 October 2003, Financial Times
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