Showing posts with label intergenerational bond. Show all posts
Showing posts with label intergenerational bond. Show all posts
June 28, 2021

The main ingredient of any safe pension system is a healthy and sturdy economy.

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Sir, I refer to Martin Wolf’s “ It is folly to make pensions safe by making them unaffordable ” FT, June 28. Wolf writes: “We also need true...
May 18, 2018

Bank regulators have clearly violated that holy social intergenerational contract Edmund Burke wrote about.

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Sir, Marin Wolf writing that while “UK has messed up policy in five significant respects: growth; ageing; risk-sharing; housing; and redist...
December 23, 2017

Imposing on banks risk aversion more suitable to older than younger, regulators violated Edmund Burke’s holy intergenerational social contract

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Vanessa Houlder when writing about Richard Thaler’s ‘nudge’ theory and how our hatred of losses affects risk taking mentions: “Investing in...
November 21, 2017

If you allow banks to earn higher risk adjusted returns on equity on mortgage lending than when lending to entrepreneurs, bad things will sure ensue

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Sir, Jonathan Eley writes: “in the UK…younger people especially are being priced out of the market while their parents and grandparents ben...
September 11, 2016

Lawrence Summers wants to get the quality infrastructure jobs now, and leave the bill to future generations

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Sir, Lawrence Summers writes “Infrastructure investment can create quality jobs [and] expand the economy’s capacity in the medium term and ...
September 08, 2016

Gillian Tett writes of Apple’s $200bn of cash, as if that money was all stashed away in Tim Cook’s mattress

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Sir, Gillian Tett writes that Apple could “repatriate some of the $200bn of cash that it stores overseas”, “ It is hard to lure companies’ ...
November 06, 2015

The inactivity and passivity the BoE’s Monetary Policy Committee reflects must despair the upcoming generations.

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Sir, I read twice your “ The Bank of England augurs a year on hold ”, and twice Richard Barwell’s “ The great Monetary Policy Committee mys...
October 30, 2015

Martin Wolf. An essential component of an Edmund Burke intergenerational holy bond must be the willingness to take risks

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Sir, Martin Wolf appeals to Edmund Burke when stating, “the value of tried and tested institutions ought to guide any Conservative governme...