Thanks. To be fair, I have tried to reform DFID a little too.

It was, I think, Plato who first suggested a 4:1 rule. I’ve always found it a very compelling idea.

Owen

A small point – you might try reforming the civil service before you hit the banks. If the top people at DFID could only earn 4 times the salary of the lowest grade salary, the top salary would be just shy of £70,000…

H

http://online.wsj.com/article/SB122360636585322023.html?mod=special_page_campaign2008_mostpop.

Planning on walking back from Addis are you?

Might it not be sensible to wait until we’ve actually developed and deployed alternative technologies? No lending for fossil fuels, for example, would mean no letters of credit for oil shipments. At which point, or rather some 90 days later as the supplies run out, we all die.

A slight over reaction to bankers having buggered about, don’t you think?

I came here from chickyog.

Lovely list, almost perfect, but I think it needs one minor amendment:

5. It is no longer our objective to inflate house prices. An increase in house prices is not an increase in net wealth: it is a transfer from those who do not own houses to those whose elderly and infirm relatives do. We will try to dampen the housing market, not reinvigorate it.