The Most Important Institutions That Need Reform

If you were king for one day, and you got to reform one institution in the UK and the US, let's just say you could do both in one day, what would it be? The bias against equity and towards debt in our financial system. That requires a lot of changes. You'd probably want alongside equalizing the tax stream. And I think if you change that, that would be an incredibly significant step. It would be very hard work. But you know, if you're saying I'm king, if you've got a magic wand, that's the thing I would do. Do you think Magdaleani and Miller no longer hold? It's a good question.