Britain is a textbook case of how growing inequality leads to economic crisis. The years before the crash were marked by a sharp rise in remortgaging and the growth of 0 percent balance transfer credit cards. By 2008 the UK had the highest ratio of household debt to GDP of any major economy.
I had taken a course in Ethics. I read a thick textbook, heard the class discussions and came out of it saying I hadn’t learned a thing I didn’t know before about morals and what is right or wrong in human conduct.
I loved statistics from a young age. And I studied very much in Sweden. I used to be in the upper quarter of all courses I attended. But in St. John’s, I was in the lower quarter. And the fact was that Indian students studied harder than we did in Sweden. They read the textbook twice, or three times or four times.