Charles Moore is The Spectator’s chairman.
He is a former editor of the magazine, as well as the Sunday Telegraph and the Daily Telegraph. He became a non-affiliated peer in July 2020.
‘A money-financed tax cut is essentially equivalent to Milton Friedman’s famous “helicopter drop” of money.’ So said Ben Bernanke, now the chairman of the Fed, in a speech about how to ward off the ‘extremely small’ chance of deflation, which he delivered in 2002. ‘A money-financed tax cut is essentially equivalent to Milton Friedman’s famous
My old friend ‘Posh Ed’ Stourton begins his new book about political correctness (It’s a PC World, Hodder and Stoughton) with an anecdote about the Queen Mother. She told him, in private, that the EEC would never work, because of all those ‘Huns, Wops and Dagoes’. Ed was displeased: ‘I thought that what she had
It is so important that the first black President is only half-black. The black side of Barack Obama’s heritage is the non-American bit. His black, Kenyan father was absent. His Hawaiian upbringing was white. One day, he recalls in his autobiography, his white grandparents, who were bringing him up, had a row. His grandmother (who
What would happen if you or I or telephoned an old man we did not know and left a message on his answering machine saying that one of us had ‘f—–ed’ his grand-daughter? What would happen if we then left three more messages, joking about her menstruation and imitating his voice as, in our imagination,
But why did Nathaniel Rothschild write to the Times? Yes, he was genuinely annoyed that George Osborne had relayed Peter Mandelson’s disobliging remarks about Gordon Brown to the Sunday Times. The then Mr Mandelson was Mr Rothschild’s guest, as was Mr Osborne. Mr Osborne betrayed hospitality and strained an old friendship. That might have made
Nearly 20 years ago, after the Tiananmen Square massacres, The Spectator campaigned for all Hong Kong people to be given British passports. Part of our argument was that, if they all had the passports, very few of them would want to come here: they would have the confidence to stay. That, in essence, is the
We all know that everything about money comes down to confidence, but normally, because we have that confidence, we do not think about what this means. Now we must. We have learnt that mighty banks are nothing if customers — and other banks — have no confidence in their assets. Panicked, we turn to governments.
David Cameron’s ‘statesmanlike’ promise on Tuesday to do whatever is necessary to save the nation and reach ‘across the aisle’, as they say in Congress, is one of the dirtiest and oldest political tricks, but no less effective for that. It is an offer which the government suffers from accepting or refusing. Two examples come
It is a fascinating feature of this great financial disaster that everyone — or at least everyone sensible — is confused. It is a fascinating feature of this great financial disaster that everyone — or at least everyone sensible — is confused. I do not mean the basic, widespread confusion about terms and processes —
We are in a financial crisis which has been going on for more than a year. It is remarkable that, in all that time, no political leader has had anything much to say about it. In the United States, neither John McCain nor Barack Obama appears to have any understanding of what is going on.
This column and its readers have just won our first battle in our long war. The BBC Trust has announced that it will investigate the way in which the television licence fee is collected. It wants to know, for example, whether the public think that the methods of enforcement are ‘reasonable and appropriate’. This column
Alexander Solzhenitsyn has been rather belittled on his death. Not knowing any Russian, I cannot judge his prose style, but when people complain that he was unrelentingly serious, they are applying the wrong criteria. Solzhenitsyn was prophetic, and obsessed with truth-telling in a world of lies. His mission led him to believe that no time
When David and Samantha Cameron appeared in the newspapers on Monday, photographed on the beach at Harlyn Bay in Cornwall, it was a ‘defining moment’. For the first time in our history, a British political leader has clearly benefited from a holiday snap. Harold Macmillan was pictured on a grouse moor, looking socially divisive. Harold
The news that the government is to fund a board of Islamic theologians to try to advance more moderate interpretations of Islam has been attacked as an unprecedented attempt by the state to shape the doctrine of a religion. It may well be a bad idea, but unprecedented it is not. The establishment of the
John Howard, four times Prime Minister of Australia, is one of the great men of our time — direct, amusing, patriotic, moderate but tough-minded. He finally lost an election this year, which had the good effect of giving him some time in London recently. One of the Howard lessons is that when you get into
It is probably just as well that the Ray Lewis fiasco happened to Boris Johnson as Mayor, because otherwise it might have happened to David Cameron as Prime Minister. As soon as he became Conservative leader, Mr Cameron went round to see Mr Lewis’s Eastside Young Leaders Academy. It was a token of his seriousness
As the new Fellowship of Confessing Anglicans challenges the current running of the Church of England, where does this leave Gordon Brown? I ask because one of Mr Brown’s first acts as Prime Minister was to get rid of his office’s traditional role in the appointment of bishops. In that distant period a year ago
‘Paul Johnson has killed Gordon Brown.’ This news was brought recently to Tessa Jowell, Anji Hunter, Margaret Jay and other Labour luminaries gathered in the Sabine hills near Rome. Shocked, they reached for their BlackBerries to find out more and make arrangements to fly home. Luckily, matters were quickly explained. After Mr Brown’s failure to
How strange that Gordon Brown’s suggestion this week that MPs should have no say in setting their own pay is being welcomed as a curb on sleaze. If their pay is to be set, as is proposed, by a government-funded agency instead of by their own votes, MPs will cease to be independent legislators and
It would be a lie to say that I feel sorry for the Tory MEPs who have been attacked for paying their staff allowances to companies of which they or members of their family are members, but they are not the most at fault. Giles Chichester, for example, and Den Dover, did at least follow