Economics is an exciting, innovative discipline that has moved far beyond the arid stereotypes of its critics, says Diane Coyle.

‘Get your facts right’ says Diane Coyle to Friends of the Earth (FoE) – business is far from evil or unduly powerful. The bad behaviour of a few companies will be solved by better corporate governance rules. In the fifth of our introductory texts to the debate Corporations: Power and Responsibility, Diane Coyle argues that FoE’s push for heavy regulation on a sector already subject to rising tax burdens would be a spanner in the engine of global growth and prosperity.