Charles Moore reflects on the events of the week
I think it is more to do with Murdoch’s point about emancipation. The popular papers have not really adjusted to the aspirations of the second generation of mass ownership. The majority of people now wrestle with complicated issues of borrowing, pensions, insurance; many own shares. They may well work for foreign employers, or work, for long periods, abroad. Roughly half of the children now being born will go to university. Most people use the internet, and it accustoms them to a world in which choice can be very precise, and where they can pursue particular interests in depth. For such people, tabloids may still be amusing, but they do not give them their window on the world, nor do they express their hopes and fears, nor do they give them very useful advice. If you look at the Sun today, it seems, as it never did before, old-fashioned. I do rather miss the days when it was the Sun which got there first — I remember first making the acquaintance of Carla Bruni, now President Sarkozy’s friend, as ‘The Botty That Drove Mick [Jagger] Potty’ — but it will be a liberating thing if politicians no longer have to suck up to the paper. Notice that David Cameron does not bother to prostrate himself before it: that is astute of him.
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From the economic and psychological bedlam of the global downturn has emerged a particularly dangerous false dichotomy: namely, that there is somehow a choice for ministers over the next few years between economic reconstruction and the repair of Britain’s broken society, and that the government (whether Labour or Conservative) must prioritise the former at the expense of the latter.
The daughter and I spent the last few days before the American election in Arizona.
Fraser Nelson reviews the week in politics
‘A money-financed tax cut is essentially equivalent to Milton Friedman’s famous “helicopter drop” of money.’ So said Ben Bernanke, now the chairman of the Fed, in a speech about how to ward off the ‘extremely small’ chance of deflation, which he delivered in 2002.
Tamzin Lightwater's unique take on the week
The Spectator on tax cuts
James Forsyth reviews the week in politics
Fraser Nelson reviews the week in politics
Charles Moore's reflections on the week
After a gripping week of political theatre in Manchester, James Forsyth invites readers to submit nominations for a new category in our Parliamentarian of the Year Awards: the prize for the Readers’ Representative
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