There’s an article about him in the Scotsman today, quite the lad it seems, friend of Dorothy until 30s, then married some feisty Russian dancer, dreadful table manners, bit kinky, and incredibly smart.
Completely free markets cannot work but in the same way over regulation will kill them also. It is very easy to look back over the last 10 years and say we should have had more regulation but going forward over regulation may be an issue. (for example, most pension funds will not wish to invest in banks while they cannot give dividends) It is a balance and who am I or even anyone to say where the line is. It is definitely in the sand!
Provide common sense...
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October 22nd, 2008 at 11:33 am
There’s an article about him in the Scotsman today, quite the lad it seems, friend of Dorothy until 30s, then married some feisty Russian dancer, dreadful table manners, bit kinky, and incredibly smart.
October 22nd, 2008 at 11:37 am
Yes. As was Adam Smith, Okun and so many others.
Completely free markets cannot work but in the same way over regulation will kill them also. It is very easy to look back over the last 10 years and say we should have had more regulation but going forward over regulation may be an issue. (for example, most pension funds will not wish to invest in banks while they cannot give dividends) It is a balance and who am I or even anyone to say where the line is. It is definitely in the sand!