Sir Alan Peacock has been a sailor (1942-45), Professor of Economics in four major universities, the first Vice Chancellor of the independent University of Buckingham, Chief Economic Advisor of the DTI, and an independent consultant. Allegedly retired, in recent years he has been deeply concerned about cultural matters, having served on the Arts Council of Great Britain and as Chair of the Scottish Arts Council. He is perhaps best known as Chairman of the Committee on Financing the BBC (1985-86). Ilde Rizzo is a specialist in cultural economics and is currently Chair of Public Finance at th...