As the fallout continues over the conference remarks by Chairman Vince, readers’ attention may profitably be drawn to another speech that was made around the same time.
President Klaus of the Czech Republic has been over in North America, and his latest forthright presentation can be found here. It’s a valuable if brief essay both on recent economic crises, as well as on competing models of European and global trade and integration. The macroenomics argument is succinctly put – don’t blame problems in the markets, on the markets. Cowley Street scriptwriters should take heed.
Adam Smith again gets a mention, though this time (to follow on from a point by Dan Hannan), the context is more accurately set. So if you are after a discourse to digest, on this occasion I suggest you slip the Cable and steer towards the further shore.
