Leading article

Old world order

Britain has never been defined by its place on the map. Our nation’s reach and interests have always been global, not merely continental. Not so long ago, a quarter of humanity was united under our empire. Today, in empire’s place, stands the Commonwealth. This weekend, the Queen convenes the meeting of its various heads of

Leading article: A Faustian pact

Given the hold that Goethe had over the German elite in the 1920s, it is impossible that the Weimar Republic’s leaders could have been ignorant about what happens when desperate politicians start printing money. In Part II of Faust, the devil suggests to an emperor that he solves his fiscal crisis by mass-producing banknotes. He

Egypt’s new theocracy

The massacre this week of Coptic Christians in Cairo stands as a bloody corrective to the idea that the ‘Arab Spring’ was a wonderful uprising of the masses against dictators. Revolutions are not, in themselves, causes for celebration if they create a vacuum that can be filled by evil. The deliberate mowing down of dozens

Leading article: The Osborne doctrine

What with all the excitement over Italian courtroom dramas, not enough attention was given to a radical statement by George Osborne at the Conservative party conference. It was one of the few important pronouncements made in Manchester this week. He declared: ‘Let’s at the very least resolve that we’re going to cut our carbon emissions

Leading article: Who’s afraid of Labour now?

The Conservatives are granted only two tickets to Labour party conference: a shame, because there could have been no better morale booster for Tory troops. The merger between Labour and their union paymasters has become so advanced that shadow ministers speak about the joint ‘movement’ rather than the party. Dethroned Cabinet members are still wandering

Leading article: Labour’s opportunity

By now, Ed Miliband should be feeling upbeat about next week’s Labour party conference. No matter what happens in Liverpool, it can’t be more debasing than the spectacle the Liberal Democrats laid on in Birmingham. The Lib Dems’ decision to insult their coalition partners did nothing to enhance their standing. If the Tories are, as

Leading article: A new deal with Europe

Nick Clegg is right to say that the British economy is entering a ‘dangerous phase’ and that we ought to think seriously about the necessary means to steer us through. Conservatives in government are coming to the same conclusion. Extra spending, the left’s solution, is a horribly blunt tool. Far better is radical reform of

Leading article: A failure of planning

David Cameron has been struggling to get across what he means by his Big Society project, but he has nonetheless succeeded spectacularly in motivating previously apathetic and distant neighbours to get together and give up their time for a common purpose. Unfortunately for the Prime Minister, that purpose is to stop his planning policy. True,

Leading article: Ten years on

Historical eras rarely start or finish smoothly. But the tenth anniversary of September 11th next week presents a useful opportunity to reflect on the decade since those attacks — what we have won and where we have lost. Historical eras rarely start or finish smoothly. But the tenth anniversary of September 11th next week presents

Leading article: Victory in the air

Critics of our intervention in Libya said that Colonel Gaddafi’s treatment of his people was not Britain’s direct concern. Critics of our intervention in Libya said that Colonel Gaddafi’s treatment of his people was not Britain’s direct concern. They argued that a prime minister’s job is to defend the national interest, not the rebels in

Leading article: Home truths

For a man with many troubles of his own, George Osborne is being remarkably generous in his advice to our European neighbours. The Chancellor believes the eurozone countries should slowly merge their tax and spending systems, moving towards ever-closer union. Rather sadistic advice, given that he wants Britain to stand well clear of this unfolding

Leading article: Britain’s riots: burning issues

  When David Cameron returned from holiday on Tuesday to find volunteers cleaning up the mess left by the riots and shopkeepers making plans to protect their property at night, he did not dare mention the Big Society. Perhaps he should have. The Londoners who organised a clean-up — using the same technology as the

Leading article: Syria – the wisdom of restraint

Syria – the wisdom of restraint Sometimes it is braver to do nothing; more courageous for a politician to admit openly that he cannot save the day than it is for him to call for immediate action. Too many of our leaders are too quick to cry ‘something must be done’, without worrying about whether

Leading article: Stunted growth

The royal family has been accused of a great number of things, from extravagance to vulgarity. But to blame the Duke and Duchess of Cambridge for limiting UK economic growth in the second quarter to 0.2 per cent — as the Office of National Statistics did this week — is a bit rich. If an

Leading article: The power of ideas

As Keynes observed, the power of ideas — good ones and tragic, wrong-headed ones — is far greater than is commonly understood. As Keynes observed, the power of ideas — good ones and tragic, wrong-headed ones — is far greater than is commonly understood. The Thatcher counter-revolution in the 1980s was made possible by intellectual

Leading article: In other news…

While Britain is fixated on the fall of the house of Murdoch, a much greater drama is unfolding. While Britain is fixated on the fall of the house of Murdoch, a much greater drama is unfolding. The eurozone crisis has spread from Greece and is now threatening Italy, whose economy is five times larger. If

Leading article: Our sovereign debt

If the government were to grant an award to the public servant who has made the greatest effort over the past year to manage expenditure, Her Majesty the Queen would be a strong contender. The royal public finances, published this week, reveal that the cost of running the royal household has fallen over the past

Leading article: The salesman and the spies

There was a strange juxtaposition of events on Monday. That was the day Britain launched the fourth wing of its armed services: a ‘cyber-command’ designed to protect our country against online attacks, most of which are carried out by China. It was also the day when David Cameron welcomed Wen Jiabao, the Premier of China,

Leading article: Opportunity in crisis

How we all miss the drachma! If Greece still had a sovereign currency, that currency would probably have halved in value, thereby providing cheap holidays for the rest of us. Greece would then have defaulted on its debt, in a way that would have inflicted minimum financial damage on its neighbours. A few banks would

Leading article: Strike back

In a way, it would be rude for the unions not to strike later this month. They are in the business of changing government policy by threatening strike action. They had planned to wait until next year, when the cuts would be biting hardest, to force David Cameron into a Heath-style U-turn — but it