“It is imperative that sufficiently robust institutional structures, and adequate resources, are provided to insulate regulators from vested interests.”
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“I think the past shows us that when freedom dies, it does so first slowly and then quickly. Slowly in terms of the deterioration of the climate of opinion so that liberty is more and more widely seen as secondary to other values, such as equality, security or nationhood, and then quickly in terms of legislative changes that actually take away people’s freedom…”
“Good governance is a very odd concept in some of the markets I am looking at. Private governance in the market for hostages is “good” if live hostages are returned safely for the minimum ransom the kidnappers will settle for. But it still means that criminals or terrorists get a payment, which is unlikely to go to charity…”
Dr. Paul Sagar on his new book: “I’d suggest that what the social sciences ought to learn from Hume and Smith is that we only get anywhere when we expand, rather than narrow, our scope of enquiry…”