The elections in Italy reveal a crisis in leadership. Wolfgang Münchau blames Mario Monti’s defeat on a lack of political realism — code for cynicism. Paul Krugman blames it not just on Monti but on a European élite — or ‘Very Serious People’. in Europe even more than in the US the Very Serious People live in a bubble […]
Adrian Monck
I remember as an undergraduate contemplating my future from a background of advanced impecunity, why — with so many applicants — trainee investment bankers were so well paid. The answer of course is that investment banking salaries had freed themselves from the petty economic tyranny of “supply and demand” and were not being driven down by the […]
Ten days before my wedding, Thomas Hamilton walked into a primary school and killed seventeen people, sixteen of them very young children. The media descended. I descended. I was filming an hour or so away and arrived on the scene as shattered parents waited for news, and local TV news crews slung their cameras, unsure as to whether […]
If you were drowning, you might not celebrate the lack of appetite amongst the sharks in the ocean in which were submerged. But the Leveson report is out and to read what is left of Britain’s national newspaper industry put forth, between the gulps of sea water, there were hearty cheers. Or perhaps they were just […]