The defining commentary of this on-going financial crisis, for me, came from Gerald Hill of the Midlands, in a letter to the Times in March 2009. ‘Sir,’ he wrote, ‘I can now understand the term “quantitative easing” but realise I no longer understand the meaning of the word “money”.’ I’m with Gerald. Take the IMF
Why is Britain committing £7 billion to a bailout which will trap Ireland in its present discontents? Would you trust an economic forecaster who had recently said this? The euro has done more to enforce budgetary discipline in the rest of Europe than any number of exhortations from the IMF or the OECD. If we remain outside
In New York last week I was gobsmacked to discover I’d won the Bastiat Prize for Online Journalism. So gobsmacked that I hadn’t thought to prepare a magnanimous, funny victor’s speech, only a halting, rueful runner’s-up one. In New York last week I was gobsmacked to discover I’d won the Bastiat Prize for Online Journalism.
My problem with condoms was always a very different confusion from that which apparently afflicts the Pope. It was simply that I felt sure they would be far too large, like putting a tea cosy on a soft-boiled egg. And so I never used them, to spare the embarrassment. Also, I was never entirely certain
My tip for enterprise tsar from Cameron’s list of loads-of-money peers: Lord Fellowes of Downton Who, I wonder, will advise David Cameron on entrepreneurship now that Lord Young of Graffham has been fed to the sharks by the Downing Street crew for his unguarded remark that in this ‘so-called recession… most people have never had
