Magazine article Public Finance

Signs of Progress

Magazine article Public Finance

Signs of Progress

Article excerpt

Sir Isaac Newton wrote in 1676: 'If I have seen further it is by standing on the shoulders of giants.' Arguably the most insightful physicist in history, he was acknowledging the debt he owed to those who had gone before him. Newton was well aware that he could not have achieved as much in isolation, without the signposts left by other pioneers.

The principle remains as true as ever, and it's one reason why Public Finance will be spending 2015 highlighting the work of some of the pioneers of our profession. We want to spread their knowledge and insight, so next month we'll begin by publishing our list of the Top 50 Trailblazers working in public finance today.

And just as Newton observed, great stature is not a prerequisite for great discoveries. While a position of power and influence provides the autonomy needed to move against the tide, it is no guarantee of innovative thinking. …

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