David Pitt-Watson, Research Fellow at Cambridge Judge Business School, is quoted in the Financial Times article.
We are “simply not having [the] debate about the purpose of the finance industry”, says David Pitt-Watson, who teaches the subject at Cambridge. “Part of its purpose is to provide a very important utility … We would certainly regulate electricity and water so that everyone has access to them. Shouldn’t similar considerations apply to finance?” (subs)
Read the full article [ft.com]