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What we have seen in financial markets should bring home to us all that the central organising principle of this 21st century is interdependence. For the century just past, interdependence may have been one option among many. For the century that is to come, there is no longer an alternative.
I had always been interested in markets - specifically, the theory that in financial markets, goods will trade at a fair value only when everyone has access to the same information.
One of the most constant aspects of American life is change - and nowhere is it more evident than in our financial markets.
Selling drug secrets violates a trust that is fundamental to the integrity of both scientific research and our financial markets.
For me, the real thing is make, serve and list in India. Which means we need manufacturing, we need services, and we need financial markets.
Our economy is increasingly dependent on the success and integrity of the financial markets.
I think what is happening is I think first of all there is confidence in the U.K. economy. We're in a German rather than a Greek position in international financial markets, which is very positive and keeps our debt service costs down, and we're also beginning to see real evidence of rebalancing.
It is vital for officials and regulators to have input from people within our businesses who understand the intricacies of how financial markets operate and the consequences of certain policy decisions.
A second reason why science cannot replace judgement is the behavior of financial markets.
Developments in financial markets can have broad economic effects felt by many outside the markets.