John Humphrys and the BBC’s disdain for market capitalism
Last week’s market tremor, provoked by renewed fears of eurozone stagnation and a slowdown in global growth, was serious enough for IMF chief Christine Lagarde to feel the need to pronounce, in her most soothing tone, that it was ‘maybe at this stage an over-reaction’. But if you were listening to the Today programme on Saturday morning, you might have thought it was all a bit of a joke — and one that served irresponsible investors right. In the absence of economics editor Robert Peston and his almost invisible successor as business editor, Kamal Ahmed, John Humphrys conducted a notably flippant interview with ‘one of the world’s most influential investors’,
