Sometimes, the only way of doing something is to do it.

Somebody told me ... that he overheard a banker's wife saying her husband was working for free this year-this was 2009. What she meant was, he was just getting his basic salary of £300,000, and no bonus. Their sense of entitlement is, in the proper sense of the word, psychotic.

In other words, RBS had its origins in a failed speculation, a bail-out, and a financial crash so big it helped destroy Scotland's status as a separate nation.

In an ideal world, one populated by vegetarians and Esperanto speakers, derivatives would be used for one thing only: reducing levels of risk. The list of individual traders who have lost more than a billion dollars at a time betting on derivatives is not short.

The seven Ps: Proper Planning and Preparation Prevent Piss-Poor Performance

The financial system in its current condition poses an existential threat to Western democracy far exceeding any terrorist threat.

Economics as a discipline has in effect become the study of capitalism. The two are taken as the same subject.