Wisdom in fragments

No more throwing any old garbage into the Tier 1 bucket and calling it capital: the new standards for common equity are significantly tougher than the old standards for Tier 1 capital in total.

Financial journalist and media critic specializing in economics and markets.

Fundamental sense of well-being crucially depends on our having the ability to exert control over our environment and recognising that we do.

Psychologist & Founder of Positive Psychology Movement

It is not an exaggeration to say that most of our fundamental sense of well-being crucially depends on our having the ability to exert control over our environment and recognising that we do.

Psychologist & Founder of Positive Psychology Movement

Animals in this third group had learned from being exposed to inescapable shocks that nothing they did made a difference- they were essentially helpless when it came to controlling their fate. Learned helplessness can affect the future motivation to try. It can affect future ability to detect that you do have control in new situations.

Psychologist & Founder of Positive Psychology Movement

There really is a very weak moral justification for these weapons that mainly relies on the concept of deterrence—that their purpose is to prevent another country from attacking you with them. That case is so weak that you see major global institutions like the U.S. Catholic Church condemn nuclear weapons as immoral.

Nuclear weapons expert and president of the Ploughshares Fund.

When the hydrogen bomb was first proposed in the early 1950's, the scientific panel in charge of US nuclear research recommended against it, unanimously. They called it a weapon of genocide whose only purpose would be to kill hundreds of thousands of civilians.

Nuclear weapons expert and president of the Ploughshares Fund.

A regional war in say, South Asia, which involved as few as one hundred nuclear bombs would result in firestorms in their urban centres that would put so much smoke and particulate into the atmosphere that the earth would be covered in a cloud that would reflect sunlight back into space and reduce global temperatures but two to three degrees for several years. This would kill most food crops on the planet, resulting in massive famines and starvation.

Nuclear weapons expert and president of the Ploughshares Fund.

The result would be immediately one of the greatest catastrophes since World War II. Hundreds of thousands would die. It would cause trillions of dollars of immediate economic damage as buildings were vaporised. The real damage, though, would come in the days and weeks after, when there would undoubtedly be a global panic.

Nuclear weapons expert and president of the Ploughshares Fund.

Nuclear weapons continue to be built for basically two reasons: power and prestige. In almost every case where a country has decided to acquire a nuclear weapon they have done it either for power—the power to protect their country from external threats or a desire to project their power in the region.

Nuclear weapons expert and president of the Ploughshares Fund.

Nuclear weapons were invented out of fear. The United States was afraid that Hitler was developing an atomic weapon, and they had to get one to deter him from ever using it. When the U.S. Manhattan Project that built the bomb began, no-one ever thought we would use a weapon like this; it was considered beyond the pale—a weapon that would indiscriminately kill hundreds of thousands of innocent men, women, and children.

Nuclear weapons expert and president of the Ploughshares Fund.

Osborne lacked gravitas and was seen as a political lightweight because of his high-pitched vocal delivery according to private Conservative polling before the election.

Governor of the Bank of England (2003-2013)

The head of the Bank of England, Mervyn King, privately criticised David Cameron and George Osborne before the election for their lack of experience, the lack of depth in their inner circle and their tendency to think about issues only in terms of their electoral impact.

Governor of the Bank of England (2003-2013)

Technology is no longer a separate segment- it is pervasive. It is technology IN agriculture, IN governance, IN education, IN health. It is also about health technologies, education technologies and agricultural technologies- there are two sides to it.

Telecom Pioneer & Advisor to Indian Government on Technology Policy

Innovation is not about products or scientific laboratories- it is also about governance, education and everything we do as people. It is not about scientists alone innovating.

Telecom Pioneer & Advisor to Indian Government on Technology Policy

Almost all of the processes we use today were designed in the twentieth century, with the old mindset of command and control. Forms and data such as immigration, customs, starting a company, land records, birth certificates, death certificates, police reports, court cases- all these processes, designed in the twentieth century, are now obsolete. You have to redesign your processes to meet the needs of the twenty first century, and the web.

Telecom Pioneer & Advisor to Indian Government on Technology Policy

Telecommunications has connected India- and has brought about openness, accessibility, connectivity, networking, democratisation, decentralisation and as a result- social transformation.

Telecom Pioneer & Advisor to Indian Government on Technology Policy