The OECD conference I’ve been attending is winding down. Lots of banquets, but not much booze, so I never had to try the hotel’s tempting room service item ‘outer leaves of cabbage broth to chase a hangover.’ What’s the takeaway (ideas rather than food)? The key debate seems to me to be over complexity. The various presentations described literally hundreds

According to Otto von Bismarck, the father of modern Germany, ‘Laws are like sausages. It’s better not to see them being made.’ Having skimmed the report of the ‘The Commission on the Measurement of Economic Performance and Social Progress’, commissioned by President Sarkozy and released last week, I would say GDP (Gross Domestic Product, the standard measure of a country’s