Profits in business always depend on the rate of interest: the higher the interest, the higher the rate of profit required.
James BuchanCause and effect, the riddle of all history, is a particular devil in financial history; and never more so than today, where entire classes of security are collapsing not on public exchanges and stock-tickers but because there are no markets to establish prices this side of nothing.
James BuchanIs there any purpose to translating poetry? A poem does not contain information of importance, like a signpost or a warning notice.
James BuchanBy pouring money and goods into devastated regions, foreign aid workers sometimes compound the disruption and debauch the survivors.
James BuchanNature is not simply a technical or economical resource, and human beings are not mere numbers. To suggest that one can somehow align all the squabbling institutions of science, environmental management, government and diplomacy in an alliance of convenience to regulate the global climate seems to me optimistic.
James Buchan