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Why elitism will bring Britain Olympic joy

The proven route to sporting excellence – select, train, focus – is a cost-effective way of achieving national pride and global prestige.

Our poor excuse for an understanding of poverty

The World Bank’s poverty line is an income of less than $1.25 a day. Financial Times readers, who spend more than that amount on their morning newspaper, are in no position to dispute that judgment.

Fewer ingredients will best serve the VAT on food

The common sense that says “I know the difference between a Cornish pasty and a ham sandwich when I see it” is appealing, but we would rightly find it unacceptable that the decisions of a tax inspector should be based on the principle that he knows what to tax when he sees it.

Beware of Franklin’s Gambit in making decisions

When we make hiring decisions, or construct risk maps, or undertake investment appraisals we complete templates, the purpose of which is not to help us manage or decide but to rationalise what we already believe we know.

‘Give me liberty or £500’ is no rallying cry

The petty, pragmatic character of Scottish concerns is appropriate, and in a sense reassuring. We should feel relieved that the passions expressed at Bannockburn, or Waterloo, or that prompted Paul Revere’s ride, no longer feature in the politics of western Europe.

Lessons from the house that Lewis built

The British retailer John Lewis, owned by an employee trust and long a favourite of metropolitan women, has now become a favourite of their politician husbands.

Policy Exchange Event

On the 27th March, John spoke at an event hosted by Policy Exchange on the issues of obliquity, long-term decision making and the limitations...

Building can help Britain balance the books and boost jobs

Keynes famously advocated reducing unemployment by employing people to dig holes and fill them in again: today it would be enough to employ them to fill the potholes that are already there.

Why the Pembury road matters more than the Olympics

This month’s budget in Britain will provoke yet another round of debate on austerity versus stimulus. But the issue of how we spend what we have is more important than the issue of what we spend.

Time for Scotland to move from infancy

So does tentative adolescence give way to independent adulthood? The likely SNP victory does not alter the fact there is no majority in Scotland for independence and little chance of one.