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The Biggest Avoidable Policy Disaster in British Politics

I prefer true but imperfect knowledge, even if it leaves much indetermined and unpredictable, to a pretence of exact knowledge...

The Emperor’s New Clothes

Once upon a time, there was a wise and kindly Emperor, with a faithful retainer called Sid. One day, the Emperor took...

Pop goes everything

The years since the 2008 financial crisis have been among the strangest in the history of monetary policy. Interest rates have been lower than...

Capturing the regulators

A new book by Financial Times journalist Dan McCrum tells the story of Wirecard. The German company, which acted as a payment processor (an...

Why competitiveness should not become a goal for the FCA

The promotion of competition is  an existing aim of financial regulation. But in proposals around the Future Regulatory Framework in the Queen’s...

Alice in Wonderland College

Alice opened the door to the Hall of Wonderland College. In the absence of the Dean, the Mad...

The Bezzle Years

This essay was originally written for Project Syndicate in 2015. If anything, it is more relevant now. More than...

Robust and Resilient Finance

Support for this paper was gratefully received from the Korea Institute of Finance, which has published it here. Abstract

Rethinking Risk

To mark the end of his time as an Independent Director at Scottish Mortgage Investment Trust, John was interviewed by James Anderson,...

Finance in the Public Interest

John participated in a panel discussion on finance in the public interest, hosted by the Institute and Faculty of Actuaries. He was...

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