The Companies Act and Directors What expectations are set out in law in respect of directors? The legal provisions are found in sections 170–177 of the Companies Act 2006. Section 172 is intended to clarify the wider expectations and responsibilities relating to a director, who must act in ‘good faith’, (...)
Continue Reading → How Have We Got Here? The current debates around the roles, responsibilities and liabilities of NEDs are not occurring in a vacuum: as recently as October 2023 the Insolvency Service’s disqualification action against the NEDs of Carillion (on behalf of the Secretary of State) was dropped a few days before (...)
Continue Reading →How ‘Secular’ is the Public Square? Habermas versus Augustine There is a view that the public square is ‘secular’ and that therefore religious believers should leave their baffling theology at home and learn to speak sensible, non-theological language in public. One well-known expression of this view came from the eminent (...)
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Conclusion In the next decades increasing shares of personal and societal wealth willbe spent mitigating environmental harms. These harms are often blamed on the ramifications of the market system. To some extent this is true but the complaints too often ignore the human betterment deriving from the activity that results (...)
Continue Reading → Environmental Economics and Improving Environmental Policy Economics has become less a series of doctrines than … an engine of analysis in which techniques, ranging from the theory of public goods and externalities, ideas about the role of property rights, negotiation, incentives, and mechanism design, are used together with ideas from (...)
Continue Reading → Coase, Ostrom and the Economics of Government Action What this theory [mid-century neoclassical welfare economics] demonstrated, in a nutshell, was that perfect markets work perfectly, imperfect markets work imperfectly, and perfect government can cause imperfect markets to also function perfectly.[1] Steven Medema The theme of Chapter 1 was (...)
Continue Reading → Economic Theory and Market Failure: A Synopsis To speak about economics as applied to environmental harms, one must know something about economics generally and its conceptual frameworks as applied to policy. While possibly seeming dry and abstruse, these fundamental concepts have direct relevance, including for those more interested in environmental (...)
Continue Reading → Introduction At the launch of the Centre for Enterprise, Markets and Ethics, our founding chairman Lord Griffiths of Fforestfach remarked that: [W]hile a market economy is superior to other economic systems which have been tried, it is far from flawless. Financial stability, environmental sustainability and inequality in income and wealth (...)
Continue Reading →Born in New York City and raised in the UK, Rabbi Benjy Morgan spent 14 years studying in the top Rabbinic training academies in the world. He is the Chief Executive Officer of the Jewish Learning Exchange (JLE), a London-based organisation which aims to teach Judaism’s relevance and deeper meaning (...)
Continue Reading →Maurice, Baron Glasman is a political theorist, academic, social commentator, and Labour life peer, best known as a founder of Blue Labour. He is Senior Lecturer in Political Theory at London Metropolitan University, Director of its Faith and Citizenship Programme and a columnist for the New Statesman, Unherd, The Tablet (...)
Continue Reading →Danny Kruger has been the Member of Parliament for East Wiltshire, previously Devizes, since 2019. He became David Cameron’s chief speechwriter in 2006, whilst Cameron was Leader of the Opposition. He left this role two years later to work full-time at a youth crime prevention charity that he had co-founded (...)
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