Banks have come to realize in the recent crisis that they are paying the price for having designed compensation packages which provide incentives that are not, in the long run, in the interests of the banks themselves, and I would… — Mervyn King Copy Share Image
Of all the many ways of organising banking, the worst is the one we have today. — Mervyn King Copy Share Image
To set aside one’s prejudices, one’s present needs, and one’s own self interest in making a decision as a director for a company is… — Mervyn King Copy Share Image
The underlying intellectual argument for seeking to tax economic rents retains its force. — Mervyn King Copy Share Image
“Failure to understand the context in which correlations are observed leads to false conclusions. The” — Mervyn King Copy Share Image
Banks have come to realize in the recent crisis that they are paying the price for having designed compensation packages which provide incentives that… — Mervyn King Copy Share Image
Global market forces will sort out those companies that do not have sound corporate governance. — Mervyn King Copy Share Image
There is no reason products and services could not be swapped directly by consumers and producers through a system of direct exchange – essentially… — Mervyn King Copy Share Image
When banks extend loans to their customers, they create money by crediting their customers’ accounts. — Mervyn King Copy Share Image
