In the absence of anything much to report on the economy, allow me to comment again on the British election. There are some extraordinary goings on. Gordon Brown, the current Prime Minister, has announced he will resign and that his Labour party will have to undergo a search for a new leader. This throws open […]

Yes there is a world out there beyond the shores of the US. And, yes, it is equally as tribal in its politics. Yesterday’s election in the UK was widely thought of, prior to the event, to be a once in a lifetime occurrence. This view was founded on the polling that showed the third […]