Howard Davies, a professor at Sciences Po in Paris, was the first chairman of the United Kingdom’s Financial Services Authority (1997-2003). He was Director of the London School of Economics (2003-11) and served as Deputy Governor of the Bank of England and Director-General of the Confederation of British Industry.
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Howard Davies
Commentaries by Howard Davies
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Thatcher and the Big Bang
LONDON – In the United States, for people of a certain age, Margaret Thatcher was a superstar, and Americans have been surprised at the shar…
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Financial Regulators’ Global Variety Show
PARIS – In the early phases of the financial crisis, it was fashionable to argue that the United States’ system of regulation needed a funda…
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Bankers with Borders
LONDON – When Mark Carney replaces Mervyn King as Governor of the Bank of England in July 2013, the world will be deprived of King’s witty p…
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Europe’s Flawed Banking Union
PARIS – The European Union is now the proud owner of a Nobel Peace Prize. When the choice alighted on Barack Obama three years ago, the Norw…
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Making Europe Work
PARIS – Some economists believe that this summer could mark the moment when some of the eurozone’s peripheral members may begin to be forced…
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Economics in Denial
PARIS – In an exasperated outburst, just before he left the presidency of the European Central Bank, Jean-Claude Trichet complained that, “a…
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One Big Union
PARIS – In the last few weeks, the idea of establishing a European banking union has become the latest remedy advanced as a solution to the …
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Bringing It All Back Home
PARIS – Global policymakers regularly congratulate themselves on having avoided the policy errors of the 1930’s during the financial crisis …
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Grit is Good
PARIS – The United States is widely recognized as possessing the deepest, most liquid, and most efficient capital markets in the world. Amer…
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London vs. the Eurozone
LONDON – Ever since the United Kingdom joined the European Economic Community in 1973, after the French withdrew Charles de Gaulle’s veto of…
Thatcher and the Big Bang
Frank O'Callaghan: She was in favour of the tiny minority of criminals looting the wealth that society had created during the years of social cooperation. Her policies resulted in the destruction of stability and th…
Economics in Denial
Kuruvilla Abraham: Please do check at http://mumblingskeptic.blogspot.in/2013/02/normal-0-false-false-false-en-us-x-none.html and comments there under. An attempt has been made to explain the fallacies of financial mark…