Social licence: How financial markets can switch focus and help solve humanity's greatest challenges

Jul 21, 2020 - City AM

If there was ever any question as to whether we value human life more than money, the coronavirus pandemic has surely answered it. 

The protection of ordinary people, in this country and indeed in almost every country in the world, has come at an extraordinary economic cost. Yet only a minority of people have dared to suggest that this was too high a price to pay. Life has intrinsic value.

But the financial world often seems to operate largely as if this were not the case. Its funct...