“the post-Covid growth miracle was short-lived”. This was no miracle. it was a myth bourne of an accounting error. An artefact of the fact that the way growth is calculated cannot take account of pandemics.

Most of all I love the way it exposes the paucity of thinking about the economy, prosperity, stability and the alternatives.

The silo thinking. The monotones and hugely simplistic heuristic and lenses that substitute for and block out real insights and understanding.

It’s a tempting notion that a few laws, as of motion and thermodynamics, might be enough to equip a leader enabling him/her to run an entire economy from the centre. But it is a false one. As the current far-from-dynamic duo are amply demonstrating.

Their forebears from the Mount Pelerin society, whose project they inherited, must be spinning at speed in their graves. Not just because of the effects or rank incompetence but the fact that they ended up foisting upon us all the very thing that they created to project to counter and prevent: central planning, based on an economic doctrine.