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Bailey: Meeting varied people
People often talk about diversity in terms of the makeup of their own workforces – and for a public institution like the Bank, it is vital we reflect the whole society we serve. This includes both identity and cognitive diversity, which are equally important. I often say I don’t want to work in a place that is full of people like me. I want the Bank to have an inclusive and open culture where people speak up, ensuring we make better decisions by mitigating the risks of groupthink and myopia. Over recent years, a number of my colleagues at the Bank have also emphasised the importance of diversity and inclusion, ... (full story)
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The elites think we are stupid. They are in the main quite correct.
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