Theresa May, the ‘valiant pugilist’

One senior Conservative MP describes Mrs May’s method of government as “valiant pugilism”. Rapid decision-taking and parliamentary dealmaking are things to which she is particularly ill-suited.

— The Economist, in ‘Missing: the British government

“It’s a fantastic skill, her ability to do nothing,” says one of her former cabinet ministers, almost admiringly.

South Korea – where muslims, gays and a red-light district co-exist

In addition to a tiny Muslim community, the area is home to a vibrant gay scene, a host of foreign restaurants and the remains of a shabby red-light district that used to cater to soldiers from a nearby American army base.

— The Economist, in ‘South Korea’s approach to planning is starkly unsentimental

Continue reading South Korea – where muslims, gays and a red-light district co-exist

The pragmatic school of Indexing

“I was part of the pragmatic school of indexing,” Bogle wrote in 2016.

The average investor can do only as well as the stockmarket average, he concluded.
If some investors beat the market, others must be beaten by it.
After costs, most professional investors do indeed lose to it.

—The Economist, in Remembering John Bogle, patron saint of the amateur investor

Armed officers vs cat in the tree…

The spread of armed officers was one aspect of “Strathclydisation”, where tough Glaswegian tactics were rolled out to the sticks. Use of stop and search also increased. Methods that work on inner-city gangs are unsuited to places where duties include rescuing cats from trees…

The Economist, in ‘Scotland’s national police force finds its feet