From 600+ conversations with the world’s leading thinkers.
Milton Friedman had a postulate that capital would move into a region hit by an adverse shock. But as soon as you interrogate this postulate, it's manifestly rubbish. When Sheffield's steel industry collapsed, investment didn't flow in saying 'oh good, a depressed region.' It flowed out to the places which were booming and accentuated the divergence.
Even though we still have approximately twenty thousand hydrogen bombs in the arsenals of the United States and Russia (many of them ready to use at a moment's notice) the two risks that most experts think are the greatest and most likely are the risks of a single bomb being used by a terrorist group or the risk of a regional war involving dozens of weapons.
Manchester and Sheffield had to apply to Transport for London for money to allocate to their bus routes. This is so comically bizarre that if you put it in a novel it would seem too silly. But that's how it is.
When individual countries hit a crisis, they've got 2 options, they can either look after themselves (at the cost of their neighbours) or they can create rules which they (and everyone else) will abide by, which requires institutions.
We weren't involved in politics and had nothing to do with the government. But they took everything we had, our seven companies and the company plane. And it's a miracle they didn't kill us.
One basis for society is that of helping your neighbour — but in the software world this is piracy. To prevent this, the U.S. is putting in place practices which are like those in the former Soviet Union — computerized guards, propaganda in favour of licensing, rewards for informing on co-workers, and penalties which make distributing software as serious a crime
Concepts like democracy and human rights will always remain fairly abstract if you cannot feed your family. It is therefore important to ensure that job creation, and protecting livelihoods occurs early on in the process.
More than one hundred million have been uprooted in the first eighty years of the twentieth century- millions permanently displaced as a result of revolutions, division of countries, annexations or boundary changes and other territorial arrangements. The political refugee has become the symbol of worldwide political and social change.
The clearest thing about being a diplomat is the knowledge that you aren't in control. The problems you're dealing with are huge – with multiple players and facets. Nobody involved in diplomacy can kid themselves that they are in charge, or in control.
Power requires oppression. In order to be powerful, you have to stand upon something. Strength comes from within. Strength is replacing power. People are sick of power, especially the young.
I personally want to throw up every time I hear some completely senseless and baseless statement like 'we need more of Europe, not less'. It means nothing, and those slogans simply drive people crazy – It goes to show the intellectual vacuousness of the people who say them.
The rich get richer, and the poor get poorer, and the market doesn't even things out. It takes massive state intervention through public services, health services, social housing and income redistribution to even begin to equalise or reduce inequality.