Economics

Studies estimate that climate change directly contributes to the death of over 400,000 people a year, and costs the world economy over $1.2 trillion per-annum. If we factor in man-made environmental pollution alongside climate-change, over 4.5 million people each year die as a direct result of man's impact on this planet.

I think there is huge volatility in short-term investing. If we keep a long-term perspective in mind, we will go through the good cycles and the bad cycles and reach the other side. Short-term vision does not allow one to build better businesses and create value.

Terra Firma Capital founder; acquired EMI Records in 2007

While most people are uncomfortable with change we have a business built on analysing it. Our business takes advantage of challenges and the opportunities they provide.

Terra Firma Capital founder; acquired EMI Records in 2007

Much of the mistreatment of animals is due to economics; it's cheaper to raise animals for food when they're kept in a confined 'economical' way rather than letting them graze in fields. In my view, we should actually only have the free-range farms – meat would then be more expensive and more people would become vegetarian, vegan, and find alternative protein foods so that we don't cause this terrible animal suffering.

British actress known for "Born Free" and animal welfare advocacy

If you're going to be a city of love and compassion, you're going to have to develop economics infrastructure, capital planning and job creation policies, complementing them with education. For those who feel left out, we have to bring them in, and have that conversation with every company, every worker, and fight for them to be part of the more complicated world.

Mayor of San Francisco (2011-2018) & First Asian-American Mayor

People don't have to fear the innovation age as being victims of it. They can actually embrace it by saying 'okay, I've got to have some additional skill sets I can go back to, and maybe truck driving is not going to be the whole thing but maybe it's other mobility things so that I can actually use my background of skillsets to get involved in'.

Mayor of San Francisco (2011-2018) & First Asian-American Mayor

Nobody notices a dollar a day disappearing from their payroll, but think of the impact of a thousand people doing that.

Co-Founder of Atlassian & Technology Entrepreneur

When you're not in a geopolitical recession, political risk still matters, but it matters largely at a country level and primarily in emerging markets. But in a geopolitical recession, suddenly the biggest macro risks are by their nature political. And you focus less on growth and more on stability and resilience, and that's a problem because the free market model tells you 'don't focus on resilience and stability, focus first and foremost on growth and everything else will take care of itself'.

Founder of Eurasia Group & Political Risk Analyst

China will soon be the world's largest economy and is a state-capitalist nation meaning that the government controls the largest part of the economy. Unlike free markets, that means that finance is necessarily a critical tool of government. In China though, major corporations are a tool of government and so if we're moving to a world where China is going to be dominant economy, by definition finance will be their weapon.

Founder of Eurasia Group & Political Risk Analyst

We've entered a geopolitical recession, where the old US led world-order is unwinding. This isn't just a Trump issue- it's about Europe, BREXIT, about Russia undermining the US and the West, the rise of China and its alternative political and economic models. The geopolitical recession is exacerbated by the lack of anyone being willing or able to take (or replace) the American role- thus, we are left with an enormous amount of instability, and little resilience.

Founder of Eurasia Group & Political Risk Analyst

The main issue around homelessness is simple- there aren't enough homes for people. That's the fundamental, systemic fact, that a lot of well-meaning acts of charity don't address; and that includes homelessness charities.

Scottish Writer, Broadcaster & Anti-Poverty Activist & Poet

As a matter of history it's crucial to distinguish between what I have taken to call 'mercantile capitalism' and what I like to call 'modern capitalism'. Mercantile capitalism I think of as prevailing in Britain, Holland, Spain and elsewhere from around 1500 to 1800 or so.

Nobel Prize Economist; Pioneer of Modern Macroeconomic Theory

Capitalism isn't miraculous, nor does it work on autopilot; periodically it comes off the rails and has to be pulled-back- that's where public policy comes in.

Economist specializing in poverty, conflict, and development in Africa

To my mind, the essence of capitalism is that decentralised economic decisions can be taken in firms that compete against each other in structured markets, and do so under strong incentives for growth and the increase of productivity. It's the only system we've ever hit-on that appears to be capable of driving mass prosperity.

Economist specializing in poverty, conflict, and development in Africa

I think we were fortunate to get capitalism rather than it being inevitable. Society had been organized long before capitalism began, in the cities of the North of England; where- for the first time on Earth- ordinary people were able to gain from economies of scale, economies of specialisation, and from working in firms and factories.

Economist specializing in poverty, conflict, and development in Africa

We are living in a world where the top 1% of the world's population own more of our planet's wealth than the bottom 95% combined. We live in a world where billions exist in abject poverty without access to the basic food, water, shelter which the rest of us take for granted.