“It is for the sake of accountability that winners take all in our system….”

Great piece from Janan Ganesh today which is worth reading into the Slugger record.. The British people have instructed their rulers to leave the EU. The execution of their will is the work of years and soul-sapping detail. It cannot be done by a prime minister who believes the instruction was foolish in the first place. It is awkward enough that the technical process of extrication will be managed by reluctant, deflated civil servants. As a point of democratic principle, …

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What exactly has OFMdFM done in the last six months (warning, it’s not impressive)?

The Irish News today goes back to a strange little communication from OFMdFM last July 18, which laid out ten achievements. As it notes in its editorial: The statement was sent out one evening during the holiday period via email without any form of briefing. Further details were said to be unavailable and interviews with ministers were firmly ruled out, although it was claimed that the various initiatives would be brought forward over “a number of weeks”. But they note …

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Bini Smaghi: “The crisis has shown that the euro is an incomplete construct and needs to be completed.”

Via the Irish Economy blog.  In a speech at the 8th European Seminar in Poros, on 8th July, Lorenzo Bini Smaghi, Member of the Executive Board of the ECB, did a reasonable job of identifying the problems highlighted by the sovereign debt crisis – although he denies it’s an existential crisis for the EU.   But, as a true believer in the “European Project”, his solution may not be to everyone’s taste… From his 8th July speech In my view, we should strengthen …

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