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Digital Subscriptions > Prospect Magazine > October 2016 > Letters

Letters

letters@prospect-magazine.co.uk

Referendum rumbles

Prospect is without doubt the magazine for informed opinion. However August’s edition was an aberration that has already been overtaken by events. Almost all the major contributors on Brexit: Anatole Kaletsky, Lucy Wadham, Jay Elwes and Rachel Sylvester, hysterically bewailed the vote and proclaimed the instant collapse of the UK’s economy, institutions, and morale. They were evidently writing soon after the result when everything was wobbling. Now things are settling down, and their declarations are looking very silly. Even the decline of the pound could work out in our favour. It is unwise to form instant judgments on earth shaking events. Not for at least five years will we be able to make any objective assessment, and my hunch is that the British will, as usual, rise to the challenge. Roger Scruton made the wisest statement: “It is true in politics as it is in biology, that the failure to adapt is the prelude to extinction.” Brussels take note.

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About Prospect Magazine

In Prospect’s October issue: Nobel-winning economist Joseph Stiglitz tells our new Editor Tom Clark why globalisation has made him more radical. Rachel Holmes asks whether more women leaders really help women. Five hundred years on, what does Thomas More’s “Utopia” tells us about political idealism. And Tristram Hunt on why Labour needs another Clement Attlee. Also in this issue: David Runciman on why more members isn’t always a good thing for a political party. Will Self on why we’re all turning into robots. Your handy graphic guide to Brexit. Plus: David Willetts on what Theresa May’s industrial strategy should look like. And Kenneth S Rogoff argues we should abolish cash.
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