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Private schools, in short, are one of the most important economic and social institutions in these islands. Everybody knows it, but to say so is taboo.
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There needs to be fear and greed in the system in order to make it tick.
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Investment is not only volatile, it is the key motor of the economy's prosperity because it has a snowball effect.
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The attempt to isolate economics from other disciplines-notably politics, history, philosophy, finance, constitutional theory and sociology-has fatally disabled its power to explain what is happening in the world.
Will Hutton
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Nobody ever did anything very foolish except from some strong principle.
William Lamb, 2nd Viscount Melbourne
Will Hutton
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Born:
May 21, 1950
(age 74)
Bio:
William Nicolas Hutton is a British political economist, writer, weekly newspaper columnist and former editor-in-chief for The Observer.
Known for:
The state we're in (1995)
The World We're in (2002)
The state to come (1997)
Will Hutton on Wikipedia
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