Quis custodiet? Put the regulators on trial if they screw up
The Treasury’s amendments to the Banking Reform Bill mean that senior bankers could face up to seven years in jail for ‘reckless misconduct’ which leads to the collapse of a bank. Certainly, the behaviour of prominent individuals in the run up to the crisis left much to be desired. If only we could have put […]
More powerful than the most powerful earthquake: the Don Bradman phenomenon
The holiday season is in full swing, and many people are more focused on cricket than on the state of the economy. Like in all team sports, a favourite pastime of fans is to argue over their choices of the greatest ever team. But there is one person who is an automatic choice. Don Bradman […]
You wait for one bus then three come at once: Andy Murray and economic recessions
So Andy Murray becomes the first Briton to win the men’s singles for 77 years. When might we expect the next celebration? We can look at the typical ‘waiting time’, to give the concept a name, between victories from players from the same country. For example, Roger Federer won in both 2006 and 2007. Here, the ‘wait […]