From 600+ conversations with the world’s leading thinkers.
The economy is in the doldrums and likely to worsen. The UK economy has performed worse than most Euro Zone countries, and the calls for a change, of course, are becoming pretty loud. The government's economic strategy is clearly in disarray.
The Chinese government has realised that to fuel capitalism, an atheistic, communistic, civil-religion will never propel growth. They realise that their system, frankly, will not support the growth or creativity to create the new technologies and companies that are necessary.
The ice is neither left nor right, it is neither Republican nor Democrat, it is simply melting. The consequences of the sea ice melting are enormous and will be felt everywhere from Texas to China.
Markets are good at things that have prices, but certain things cannot have prices. Whenever you have situations where you can't have prices, it's not a question of a missing market, it's that you cannot fundamentally construct this market, and this is when government intervention is required.
Manchester and Sheffield had to apply to Transport for London for money to allocate to their bus routes. This is so comically bizarre that if you put it in a novel it would seem too silly. But that's how it is.
The monetary union was flawed from inception. It included, under the framework of a single currency and a single monetary policy, countries that were likely to have very divergent outcomes and therefore would prefer to see different exchange rates, interest rates, and monetary policy responses.
The concept of 'crimes against humanity,' as initially defined for the Nuremberg trial, emerged to address atrocities committed in Germany, particularly against Jewish and other minority groups, including political factions and the disabled. These acts demanded accountability, which the existing legal frameworks, recognizing state sovereignty, couldn't provide.
Over half have changed national policy within five years of launch.
I should deal with the term 'antisemitism' itself, which gained popular usage in Germany during the 1880s. This was largely due to individuals who considered being an antisemite as something commendable. In the 1880s, to be an antisemite meant to oppose equal rights for Jews.
Nuclear weapons were invented out of fear. The United States was afraid that Hitler was developing an atomic weapon, and they had to get one to deter him from ever using it. When the U.S. Manhattan Project that built the bomb began, no-one ever thought we would use a weapon like this; it was considered beyond the pale—a weapon that would indiscriminately kill hundreds of thousands of innocent men, women, and children.
There's definitely a sense that regulators don't understand how firms operate and the practicalities of what they do- and hence that regulations won't help resolve the issues, such as governance issues, that are there.
Only a handful of diplomats and governments are prepared to put the global good before the national interest. Seldom is it the case for any diplomat that they put the global good high up on the agenda; in my career I've seen it very rarely.