“In economics, when you put together a highly elastic thing and a highly inelastic thing, you create extraordinary potential for turbulence, volatility, and for unstable prices.” TogetherEconomicsExtraordinaryUnstableTurbulenceVolatility Author:Adair Turner, Baron Turner of Ecchinswell
“We need to move beyond the demonisation of overpaid traders ... In finance and economics, ill-designed policy is a more powerful force for harm than individual greed or error.” NeedsMovingIndividualForcePowerfulBusinessPolicyEconomicsErrorsGreedIllHarmFinanceTraders Author:Adair Turner, Baron Turner of Ecchinswell