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The blackouts in America and Europe are best seen as teething pains for systems in transition, argues Jo Whitehead of the Boston Consulting Group, as regulators pragmatically work out what precisely their role should be in liberalised markets.
ECONOMIST: Why do the lights keep going out?
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Professor Stephen Tomlinson, 62, who stepped down as provost and deputy vice-chancellor of Cardiff University last summer, is also recognised with an OBE for services to medicine, as is leading paediatrician Professor Jo Sibert.
BBC: The couple are 'staggered' by the honours
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"The science has been diminished certainly, not on a particular side, but for the criminal justice system as a whole, " says Jo Millington, formerly of the FSS and the Met Police.
BBC: DNA test jailed innocent man for murder