Monday May 12 2008
All times are London time

Search Quotes in the FT.com site
FT Logo

May 9th, 2008

The world’s leading intellectuals

Who are the world’s 100 leading public intellectuals? Woundingly, I do not appear on the list compiled by “Prospect” and “Foreign Policy” magazines. But at least I sit along the corridor from one of these great brains: Martin Wolf is on the list.

Prospect are now inviting readers to vote for a top five. In the interests of self-aggrandisement by association, I have decided only to vote for colleagues or former colleagues - so my five votes go to Martin, Niall Ferguson (FT columnist), Larry Summers (ditto), Christopher Hitchens (Sunday Correspondent) and Anne Applebaum (The Economist). This seems an appropriately infantile response to an infantile exercise. And anything that stops Noam Chomsky from winning again has to be worthwhile.

I popped next door to congratulate/tease Martin about his eminence. And he made rather a good point. (One would expect no less, of course.) Today’s intellectuals are a rather unimpressive bunch compared to a similar list of “public intellectuals” you could have compiled in 1850. Martin reeled off the names of Marx, Mill and de Tocqueville. To which I would add - Dickens, Tolstoy, Darwin, Balzac.

All of the above were already well known by 1850 and I think they stack up pretty well when compared with Chomsky, Fukuyama, Kagan - or even, dare I say it, Martin Wolf.

So are we living in some sort of intellectual dark age? Or have Prospect and Foreign Policy simply overlooked the great minds of our era?

May 7th, 2008

Hillary for VP: A dream ticket?

Gideon on videoWe have a new conventional wisdom. Hillary is done for…again. The notion that Barack Obama has all but secured the Democratic nomination is hard to argue against.

For those of you who wish to see me discussing this in video format, here is the link.

One question I’m not asked on the video, is whether it is conceivable that Hillary will accept the number two spot on an Obama ticket?

I think she probably would: vice-president is more glamorous than Senator. But will she be offered it?

Obama’s people point out that - after a long campaign - the two candidates cordially loathe each other. They say he would prefer almost anybody rather than Hillary. But if Democractic grandees decide that the only way to heal the breach in the party is to have an Obama-Clinton ticket, they might just try and twist Senator Obama’s arm. He would resist, initially. But if the case were made repeatedly and insistently? Who knows, it just might happen.

May 6th, 2008

Column: Why McCain’s big idea is a bad idea

American presidents are meant to have big ideas about the world: a “new frontier”, an “alliance for progress”, a “war on terror”. Unfortunately for the Democratic party the big idea that most animates their two would-be presidents – Barack Obama and Hillary Clinton – seems to be mutually assured destruction.

That has left the field open to Senator John McCain. The Republican is currently the only presidential candidate to champion a striking new idea about America’s role in the world. The world should pay attention, since the chances of Mr McCain winning the presidency are going up by the day.

Mr McCain’s big idea is for the formation of a “league of democracies” with America at its heart. In a recent speech in Los Angeles, he outlined a plan to “harness the vast power of more than 100 democracies”. This was not just a vague notion tossed out to fill a speech. Mr McCain has been banging on about the league of democracies – in public and in private – for more than a year. In another speech at the Hoover Institution last year, Mr McCain gave some concrete examples of what such a league might do. Essentially, it seems to be a means to get around the United Nations.

The remainder of this column can be read here. Please post comments below.

May 3rd, 2008

Books essay: The levellers

Viewed from the United States, there are three ways of looking at the rise of China and India: as an illusion, as a threat or as an opportunity. Fareed Zakaria is an optimist.

Zakaria, the editor of Newsweek International, came to the US as an 18-year-old student from India. But, in many ways, this is a very American book - both in its optimism and in its determination to leave the reader with useful lessons.

Much of the material in The Post-American World will be well known to anyone with a passing interest in international affairs: the stunning economic growth in Asia; the challenge to America’s post cold-war hegemony; the parallels between modern America and the British empire. Zakaria tells this story in a convincing and entertaining way. But it is familiar stuff.

The novel feature of Zakaria’s book is its effort to argue that “the rise of the rest” need not entail the decline of the US.

To illustrate his point, he draws an analogy with tennis. A generation ago, American players dominated the US Open. Now they have to share the prizes with players from other nations. This does not mean that Americans have suddenly got worse at tennis. It is just that others have learnt how to play the game.

(more…)

May 3rd, 2008

Food prices, political unrest and Jeff Sachs

I went to a couple of meetings this week where the food crisis was discussed. At Chatham House on Monday John Holmes, the UN’s co-ordinator for emeregency relief, gave a careful and under-stated presentation -which was still alarming in its implications. He told me after the meeting that he thinks that we are still only at the beginning of the food crisis - and that prices and hunger are likely to keep rising for a while yet.

I’ve certainly noticed on my travels that food prices are now a big political issue in almost every country that I visit. I first noticed it on a trip to Pakistan and Bangladesh at the beginning of the year. In both countries, people told me that the biggest source of popular discontent were not the machinations of President Musharraf or the Bangladeshi interim government. It was the fact that the price of staple foods had gone up by as much as 40% over the last year. (more…)

May 3rd, 2008

The meaning of Boris’s victory

In case you haven’t been reading the papers, London has a new mayor. Boris Johnson has won. I thought that both Boris and Ken Livingstone gave unusually graceful speeches at the count last night. There was no triumphalism or buffoonery in Boris’s speech - and his tribute to Ken was generous and sounded genuine. Livingstone, for his part, avoided bitterness and accepted responsbility for his defeat - which was also generous, given that the more plausible explanation is that he was a victim of an anti-Labour rip-tide that is sweeping Britain.

The conventional explanation of Boris’s victory is that the voters are fed up. The economy is turning down, people are scared of crime and everybody in London is in a bit of gloom. This seems to me precisely wrong. Electing Boris is the act of a supremely confident city. You wouldn’t take a chance on a joker like him if you were actually worried about the future.

In my magazine piece on Boris I made much of the idea that we might not want Mayor Johnson in charge, next time terrorists hit London. But actually, I think that’s probably alarmist. Fortunately, it will not be upto the mayor to organise the city’s response to a bombing. He will have to “speak for London”. Livingstone did that well on 7/7; and I think Boris would probably rise to the occasion.

May 1st, 2008

An election video

This may be the laziest blog I have ever done. But I heartily recommend this splendid seven-minute video from Slate, summarising the Democratic presidential race so far.

And just to add a teensy bit of value of my own. I met a long-time Clinton adviser at an event in London today. His private take is that Obama has now locked up the nomination. Yes, the Reverend Wright stuff is incredibly damaging. But it’s too late to de-rail Obama now. He said that: “The Democratic elite decided a few weeks ago that Obama will be the nominee. And he will be. The trouble is that he can’t finish Clinton off. And that show’s he a weak candidate.”

I ran this past an Obama adviser whose reaction was - “We don’t think it’s over yet. We’ve thought that so many times. And we’ve been wrong.”


More FT Blogs and Forums

  • Clive Crook's blog The FT's chief Washington commentator blogs about intersection of politics and economics

  • Economists' Forum Leading economists and the FT's chief economics commentator, Martin Wolf, debate the big issues

  • The Undercover Economist Tim Harford's blog on economics in everyday life

  • Willem Buiter's Maverecon The LSE professor blogs on 'economics, politics, ethics, religion, culture, free and open source software (FOSS), and whatever'

  • John Gapper's blog FT chief business commentator talks about business, finance, media and technology

  • Management Blog A forum for the latest thinking about the issues that preoccupy managers around the world

  • FT Alphaville Instant market news and commentary for finance professionals

  • Brussels Blog By our Brussels writers

  • Westminster Blog By our UK Parliament writers

  • Dear Lucy Columnist Lucy Kellaway and readers solve your workplace woes

  • FT Tech Blog Our San Francisco and world correspondents look at the intersection of technology and business

Further Reading