Tea with FT

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.

Showing posts with label radical uncertainty. Show all posts
Showing posts with label radical uncertainty. 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...
August 15, 2012

“Radical uncertainty” indicates regulators should stay away from “Bayesian subjective probabilities”

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Sir, John Kay in “ The other multiplier effect, or Keynes’s view of probability ”, August 15, writes that “the largest and most famous Dutc...
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