Bonus Culture’ holds back public investment

Financial Times – Letters, 23rd October 2020 Martin Wolf is correct that more investment is essential if we are to get the economy growing again (“The threat of long economic Covid looms”, Opinion, October 21). He claims to have the support of the IMF in...

A Schumpeterian view of zombie companies

Financial Times – Letters, 29th June 2020 Sir, Your leader (“Reasons to fear the march of the zombie companies”, FT View, June 25) confuses companies with their businesses. You rightly argue that companies, which can cover their variable costs, should not be...

Japan does not have an investment problem

Andrew Smithers & Pelham Smithers Financial Times – Letters, 16th September 2019 Sir, In an article in Tuesday’s Financial Times Richard Koo claims that Japan’s economy suffers from inadequate demand because business investment is being depressed as a result...

Privatisation of utilities has benefited everyone

Financial Times [In Letters] , 28th September 2017 Sir, Ignorance shown by those who have had responsible jobs is disturbing and that a former director of the EU Commission for water policy should be mystified by the benefits of privatising natural monopolies is a...