The Spectator’s Notes | 22 October 2011
From our UK edition
• Lord Wolfson the Younger (both father and son are life peers) is public-spiritedly offering £250,000 for anyone who, in 25,000 words, can answer the question ‘If it becomes necessary for one or more member states to leave the euro, what is the best way for this to be arranged?’ At dinner with Simon Wolfson on the same night as the cheapskate Booker Prize (worth only a fifth of the Wolfson), some complained that the notice period of three months for completion of the essay was too short. Being a hack, I argued that the incentive of £10 per word if successful should overcome that problem. It is the framing of the question which is more complicated. It needs to be expressed in a way which could be answered by supporters of the euro as well as opponents.