Tea with FT

Sir, Martin Wolf writes: “The more com­plete the set of rights, the more potent will be the con­straints: there will then also be open debate, free­dom to protest, free media and independent...

http://teawithft.blogspot.com/2024/04/how-much-transparency-can-democracy.html

Sir, last year, flying to Washington DC, in a Boeing 337 MAX 9, the clouds were so low that the pilot missed the first approach to land at Dulles International Airport. We passengers were instruc...

http://teawithft.blogspot.com/2024/02/human-pilots-and-autopilots-need-to-be.html

Sir, I refer to “Liberalism is battered but not yet broken ” Martin Wolf, FT January 10, 2024. Since 1988, with Basel I, non-elected by the citizens bank regulators, with risk weighted ban...

http://teawithft.blogspot.com/2024/01/mr-martin-wolf-what-do-you-mean-is.html

 In "Britain needs a growth strategy " Martin Wolf mentions the UK has for too long settled for managing stagnation. ON BEHALF OF FT AND MARTIN WOLF I DECIDED TO ASK CHATGPT: "COULD BANK CAPI...

http://teawithft.blogspot.com/2023/12/ai-chatgpt-openai-question-on-behalf-of.html

Sir, I refer to “Please put statisticians in charge of data for the next crisis ” Sir David Norgrove, FT November 11. July 2020, I tweeted: Sweden kept all schools until 9th grade open. P...

http://teawithft.blogspot.com/2023/11/an-adequate-response-to-covid-needs.html

Sir, Michael Skapinker writes: “Why did no one speak up “inside Sil­icon Val­ley Bank before it col­lapsed? People thought speak­ing up would leave them vulnerable to vic­tim­isa­tion....

http://teawithft.blogspot.com/2023/07/how-long-will-it-take-for-bank.html

Sir, I refer to Tim Harford’s “Is it even pos­sible for coun­tries to pre­pare for a pan­demic? ” FT June 24, 2023. “Be pre­pared! It’s the scout’s motto. But pre­pared for wh...

http://teawithft.blogspot.com/2023/06/a-strong-national-spiritcharacter-is.html

Sir, I refer to Martin Wolf’s “The UK’s future depends on improving economic performance ” FT, April 15 2023.  Wolf at the end of it recommended the UK to “reform its pension system,...

http://teawithft.blogspot.com/2023/04/to-stand-chance-uk-must-refrain-from.html

Sir, Martin Wolf writes “The best pro­tec­tion against occa­sional huge bank­ing crises is fre­quent smal­ler ones.” “The UK must learn its own les­sons from the bank­ing crisis ”...

http://teawithft.blogspot.com/2023/04/are-british-authorities-more-aware-of.html

“We have inherited democratic capitalism from the struggles of our predecessors. We must reform and protect it for our descendants.” Martin Wolf, “In defence of democratic capitalism ” FT...

http://teawithft.blogspot.com/2023/01/for-our-grandchildren-sake-we-must.html

Sir, Martin Wolf writes “The vicious circle in which low creditworthiness begets unaffordable spreads, which beget debt crises and even lower creditworthiness.” “The threat of a lost decade...

http://teawithft.blogspot.com/2023/01/creditworthiness-should-be-grounded-on.html

Five comments on Patrick Jenkins “Failure to learn lessons of 2008 caused LDI pension blow-up ”. Not sent by a letter to the Financial Times. “There’s no such thing as risk-free”  E...

http://teawithft.blogspot.com/2022/10/five-comments-on-patrick-jenkins.html

Sir, Martin Wolf asks: “Britannia is not ‘unchained’. It is instead sailing in perilous waters. Can the new captain and first mate even see the rocks that lie ahead?” “The economic cons...

http://teawithft.blogspot.com/2022/09/britannia-to-have-chance-to-become-its.html

Sir, I refer to Martin Wolf’s “Shocks from war in Ukraine are many-sided. - The conflict is a multiplier of disruption in an already disrupted world” FT April 27. The concentration of hu...

http://teawithft.blogspot.com/2022/04/why-does-world-ignore-regulations-that.html

Sir, in “Chile can set an example for the developing world ” FT, March 10, 2022, you refer to “the risk of European levels of debt” With bank capital requirements mostly based on percei...

http://teawithft.blogspot.com/2022/03/chile-can-also-set-great-example-for.html

Sir, Francis Fukuyama in “The war on liberalism ” FT March 5, writes: “Liberals understand the importance of free markets — but under the influence of economists such as Milton Friedman...

http://teawithft.blogspot.com/2022/03/ft-on-banking-and-finance-who-are-you.html

Sir, Tony Barber writes: “Paradoxically, as Italy’s debt has ballooned in size, it has become more manageable. Particularly over the past two years, the crucial factor has been European Centr...

http://teawithft.blogspot.com/2022/02/what-if-state-of-maryland-usa-where-i.html

Sir, I refer to Martin Wolf’s “The monetarist dog is having its day ”, FT February 23. Yes, the money supply impacts inflation, no doubts but, when it comes to how much, that also depends...

http://teawithft.blogspot.com/2022/02/for-inflation-where-money-supply-goes.html

Sir, Martin Wolf, in FT on July 12, 2012, in “Seven ways to clean up our banking ‘cesspit ’” opined: “Banks need far more equity: In setting these equity requirements, it is essential t...

http://teawithft.blogspot.com/2022/02/compared-to-more-than-three-decades-ago.html

Sir, Aveek Bhattacharya discusses various options to improve the productivity and effectiveness of public spending. “A future case for the ‘retro’ policy of public sector reform ” FT Febr...

http://teawithft.blogspot.com/2022/02/how-can-you-hold-governments.html

Sir, I refer to John Plender’s “The virtues of public debt to protect citizens ” FT February 7, 2022. Sir, as a grandfather I do fear debt burdens we might impose on future generations, b...

http://teawithft.blogspot.com/2022/02/if-we-want-public-debt-to-protect.html

I refer to Aleksandr V Gevorkyan’s “Small economies require new development model ” November 5. What would FT opine on a development model that include bank regulations based on: 1.- Bu...

http://teawithft.blogspot.com/2021/11/the-basel-committee-blocks-development.html

Sir, I refer to Martin Wolf’s “Without an economic plan, patriotism is Johnson’s last refuge ” FT, October 18, 2021 In Martin Wolf’s Economist Forum of October 2009, FT published an o...

http://teawithft.blogspot.com/2021/10/martin-wolf-again-any-good-economic.html

Sir, Philip Stephens writes: “Twenty-five years ago… the world belonged to liberalism. Soviet communism had collapsed. Historians will record the 2008 global financial crash as… the moment ...

http://teawithft.blogspot.com/2021/10/the-history-ill-tell-my-grandchildren.html

Sir, Gillian Tett in “Economists can’t predict the future — policy should reflect that ” July 1 wrote: “Robert Rubin, Peter Orszag and Joseph Stiglitz called on economists to embrace �...

http://teawithft.blogspot.com/2021/07/do-we-know-display-of-hubris-greater.html