Thursday 14 December 2017

Quest for solutions to economic woes may be part of the problem

THERE was, I kid you not, a newspaper column in Belfast in the good old days called "The Moving Finger Writes".

The phrase would have been well known to the literate and Bible-reading folk of Belfast, but it seemed an odd title to me, even at the time. (Proving the other Bible saying that there is nothing new under the sun, I see there is now a journalist's blog by the same name).

The thing about modern moving fingers, like so much else, is that, having written, they seem to move on at bewildering speed. It is only five years since the crash began, but the moving fingers, digital and otherwise, have in many cases written that the entire edifice of economic and monetary theory should come crashing down.

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