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also Tim Harford, ‘Black-Scholes: the maths formula linked to the financial crash’, BBC, 2012. Available at: http://www.bbc.co.uk/news/magazine-17866646 (accessed 24 April 2016). 23 Andrew Haldane, ‘The revolution in economics’, foreword to the Post-Crash Economics Society Report Economics, Education and Unlearning: Economics Education at the University of Manchester, April 2015, 3–6. Available at: http://www.post-crasheconomics.com/ economics-education-and-unlearning/ (accessed 22 April 2016). 24 The letter from Besley and Hennessy is available at: http
German defence ministry expressing considerable scepticism about the ability of Ferranti Defence Systems Ltd to complete what could be a £2 billion radar contract for the EFA radar system,29 those employed in the much-maligned ISC divisions feared that they would never be able to secure another government contract. Such was the publicity surrounding the company’s plight that on 18 September the BBC’s Nine O’Clock News covered the story, quoting Sir Derek’s plea that: ‘The company will survive because it’s a great company. It employs an enormous number of people. It
Ibid. 106 Ibid. 107 Ibid. 108 For a useful rehearsal of the arguments see E. Igunza, ‘Laptops v desks in Kenya's schools’, BBC News (3 March 2016), www.bbc
, internet and BBC TV licence (Social Prosperity Network 2017, p. 12). The shift from income to infrastructure and services and the emphasis on universal basic entitlement are both significant and welcome. These interventions by the Industrial Strategy Commission and the Social Prosperity Network mark important developments in the debates about infrastructure policy and public service provision, so they deserve close attention. And it is when we give them close attention that some difficulties emerge. In essence, the problems they address are blurred and ill-defined; as a
staff to set up the accounts through which ISC was able to shuffle millions of dollars in payments for the illegal trade. A 1995 BBC Radio programme entitled ‘Special Assignment’ claimed that since 1974 ISC had annually sold approximately $16 million worth of night-sights, missiles and cluster bombs to the apartheid regime in South Africa, providing Guerin with a sound financial base for his corporate and personal activities. Given the involvement, and approval, of the world’s leading politicians, however, is it any wonder that Guerin rejected any notion that he was