There 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 CollierPoliticians would only move beyond gestures once there was a critical mass of informed citizens.
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 CollierYou can tell everybody that Eddie Robinson's out looking for a job right now, and believe me, he's a great kid. He's happy and he's healthy. All he needs is a couple of weeks to regain game fitness. Put him on the court and when the game counts ... Eddie Robinson is about one word: winning and losing. He's a great athlete, and I love him to death.
Paul Collier