Dear Economist,
I’ve been dating someone for a few months and the relationship is now quite serious. There’s just one problem: his dog. I’ve no strong feelings about dogs, but he’s had this mutt for years and seems to love it more than he loves me. I could swallow my reservations and see where the relationship goes, or I could opt for the old “either the dog goes or I do” ultimatum. What should I do?
Yours, Canophobic in Kettering
Answer at ft.com, subscription free.
I work as an escort in Canary Wharf. I wonder if you might have some sound business advice on how workers in my industry should tackle the sudden drop in demand following the collapse of Lehman Brothers?
Miss C
Shortly after the Soviet Union collapsed, a Russian bureaucrat travelled to the west to seek advice on how the market system functioned. He asked the economist Paul Seabright to explain who was in charge of the supply of bread to London. He was astonished by the answer: “Nobody.”
Fifteen years later, I had thought that almost everyone had abandoned the notion that a committee could plan its way through the unimaginable complexities of an advanced economy. I was wrong...
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