As a former Executive Director of the World Bank I know that the columnists of the Financial Times have more voice than what I ever had, and therefore they might need some checks-and-balances.
Would a child shouting out “the Emperor is naked” have his observation published in FT? Would he now need a PhD for that to happen?
For more see "A Blog is Born" at the very bottom.
May 21, 2013
What did Mohamed El-Erian really hear? Should we buy or should we sell gold?