If the whole process of learning from failure means discarding stuff that's not working, but in fact, our natural reaction is to keep going, to throw more money behind it, to throw more emotional energy behind it... that's a real problem.

People today don't become economists to make the world a better place.

Bill Phillips was this nervous, chain-smoking student. He had signed up to be an engineer, he had gone away to fight in the Second World War, he had come back. He had switched to sociology because he wanted to understand how people could do these terrible things to each other. And he did a little bit of economics on the side.

Funnily enough, the Federal Reserve produced comics about monetary policy, and there is a good comic book guide to microeconomics and macroeconomics out there. But it is not really appropriate for younger readers; it is really aimed at economics students.

If Monaco retain the ambition of winning trophies in France and Europe - and that's why I came here - I will be delighted to stay.

I am involved with 'Write Girl,' which is such a great organization, because they go into inner city schools and work with underprivileged girls to pair them up with other writers. And it gets them learning to express themselves and become familiar with their own voice. They have a 100% success ratio getting those girls into college.

But when you come from a large, wonderful family, there's always a way to achieve your goals.

I've worked with people at different stages of their careers and different success levels, and one thing I've noticed about the guys at the top is they're so relaxed and calm - it's about not having anything to prove except doing good work.