We Generally Write Best Of What We

Any New Financial Order For The World Must Tackle The Three Chief Challenges Of Our Age.

Europe And North America, We Are Told, Are Less Dependent On Energy-intensive Heavy Industry Than In The 1960s And 1970s. It Seems We Squeeze More Gdp Out Of A Barrel Of Oil Than In Those Benighted Days.

Almost All Novels Are Improved By Cutting From The Top. On Their First Pages, Authors Parade Those Favourite Effects Which Disgust The Impartial Reader.

For 50 Years, Nuclear Power Stations Have Produced Three Products Which Only A Lunatic Could Want: Bomb-explosive Plutonium, Lethal Radioactive Waste And Electricity So Dear It Has To Be Heavily Subsidised. They Leave To Future Generations The Task, And Most Of The Cost, Of Making Safe Sites That Have Been Polluted Half-way To Eternity.

Bulls Don't Read. Bears Read Financial History. As Markets Fall To Bits, The Bears Dust Off The Dutch Tulip Mania Of 1637, The Banque Royale Of 1719-20, The Railway Speculation Of The 1840s, The Great Crash Of 1929.