When great minds should not think alike

Committees are not necessarily the best recipe for good policy outcomes, this article suggests. After Rachel Lomax joined the Bank of England's Monetary Policy Committee and immediately ruffled some feathers by dissenting from the majority vote this article says "groupthink" on central bank committees often mitigates against individual views.

First published in the UK edition of the Financial Times, 29 July. The author, Robert Chote, is director of the Institute for Fiscal Studies.

Societies have

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