Politicians would only move beyond gestures once there was a critical mass of informed citizens.
Paul CollierThere is a simple way of avoiding excess risk-taking by the managers of our financial institutions. It is to make it a crime ... had a crime for reckless management of a financial institution been on the books, Northern Rock and RBS would not have blown up.
Paul CollierMost conduct is guided by norms rather than by laws. Norms are voluntary and are effective because they are enforced by peer pressure.
Paul Collier