People who buy shares in a company just because its share price is already rising are liable to be made fools of. People who puff the future prospects of the United Kingdom Independence party just because those prospects are better now than they were a year ago may be making a similar mistake. I’ve enjoyed
Unlike British newspapers, the New York Times enjoys beating its breast. It recently published a lengthy ‘editor’s note’ which acknowledged that its coverage in the months before the invasion of Iraq ‘was not as rigorous as it should have been’. The paper conceded that ‘articles based on dire claims about Iraq tended to get prominent
The government wants to find ways of helping us to lose weight. It could start by ceasing to shower farmers with subsidies to grow sugar. Remarkably, given the public money that is spent on telling us not to eat fattening foods, the EU gave European sugar producers 819 million euros worth of subsidy last year,
