In the year 2000, almost all western countries had either social democratic governments or they were run by coalitions with large social democratic components. Now, this is true of hardly a single country in the West. What has gone wrong?
The salience of climate change is growing by the day. It is not going to be very long before the costs of dealing with it start impinging heavily upon both our living standards and our lifestyles.
Last month the government published its job description for a new Bank of England governor.
What would actually happen if we had a much lower pound is that it would suddenly be worth investing in industry again in the UK.
