Wisdom in fragments

Taxes are the price of civilisation.

Supreme Court Justice; Major Legal Scholar & Reformer

The group found that, on average, people living in Manhattan travel 2.5 miles most days, compared to five miles in Los Angeles. But we also found that when you look at the longest trips people make, people that live in New York go significantly further, 69 miles on a weekday compared to 29 in Los Angeles

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Mobile telephones can really revolutionize the study of human behavior

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This is a race to the future, a future powered by renewable energy sources and underpinned by efficient energy use. The winning nations, corporation and citizens will reap enormous benefits in terms of jobs, sustainable economic development, energy security and vastly improved local environments.

Environmental activist & former Executive Director of Greenpeace International

During the twentieth century we saw consumption boom beyond the planets natural limits, beyond what the planet is capable of sustaining. Everything is connected, forest destruction is a major cause of global warming, climate change.

Environmental activist & former Executive Director of Greenpeace International

We can cut our carbon emissions while achieving economic growth by replacing fossil fuels with renewable energy and energy efficiency. The technologies are already there, all we need is the political will.

Environmental activist & former Executive Director of Greenpeace International

Taken together, mass migration, mass starvation and mass extinctions are what we will see if we sleep walk into a future of unmitigated climate change. These stresses will ruin economies and drive competition over dwindling resources.

Environmental activist & former Executive Director of Greenpeace International

It is difficult to imagine a graver threat; or an area of human endeavour or global ecology in which the profound consequences of runaway climate change would not be disastrous. Already, it is estimated that around 300,000 people die every year as a direct result of climate change.

Environmental activist & former Executive Director of Greenpeace International

I am also here to send a message to the world: these unprecedented floods demand unprecedented assistance

Former UN Secretary-General, served two five-year terms.

This has been a heart-wrenching day, and I will never forget the destruction and suffering that I have witnessed. I have visited the scenes of many natural disasters around the world, but nothing like this. The scale is so large: so many people, in so many places, in so much need…

Former UN Secretary-General, served two five-year terms.

the U.S. faces a 25 percent chance of a double dip and deflation.

Chief Economic Advisor at Allianz; Global Markets Expert & Author

Risk of a double dip recession in advanced economies (US, Japan, Eurozone) has now risen to 40%.

Economist known for predicting the 2008 financial crisis.

Risk of a double dip recession in advanced economies (US, Japan, Eurozone) has now risen to 40%.

Economist known for predicting the 2008 financial crisis.

So when the economy's booming, banks are going to need 9.5% common equity, 11% Tier 1 capital, and 13% Tier 2 capital.

Financial journalist and media critic specializing in economics and markets.

When credit in an economy is growing faster than the economy itself, a countercyclical capital buffer kicks in, which essentially says that banks need to have more capital in good times.

Financial journalist and media critic specializing in economics and markets.

Possibly the most important thing here is the existence of the first column, setting minimum standards for common equity — which is also known as core Tier 1 capital. Such standards did exist in the past, but they were set extremely low, at just 2%, and so were generally ignored.

Financial journalist and media critic specializing in economics and markets.