“What explains the complacency? One reason might be the absence of good ideas.”
- Martin Wolf in the Financial Times (‘Why so little has changed since the financial crash’) suffers a rare moment of self-recognition.
There has been an amazing improvement in human living standards over the past 50 years. The average person on the planet is earning three times as much as they were 50 years ago. They’re living 30 percent longer. They’re burying 2/3rds fewer children – the greatest measure of misery anyone could think of. And on the whole, people are wealthier, healthier, happier, cleverer, kinder, more peaceful, freer and more equal than they’ve ever been. So why does everyone appear so miserable ?