For 20 years Hutton has railed against Anglo-Saxon capitalism and lauded the European model. But with the eurozone in crisis, it's time for him to find a new tuneby Ferdinand Mount / February 19, 2015 / Leave a comment
Published in March 2015 issue of Prospect Magazine
If a book’s worth writing once, it’s worth writing several times. This homely maxim has often proved a recipe for success. Will Hutton is a case in point. Twenty years ago, he had a runaway hit with The State We’re In. He followed that up with The State to Come (1997), then came The World We’re In (2002). As Hutton moved from the editor’s chair at the Observer to the Work Foundation and now to the Principal’s lodge at Hertford College, Oxford, he has stayed heroically on his own message. The title’s tweaked, but the melody lingers on.
The continentals are enlightened, the Anglo-Saxons are deluded. Europe is the future and we would be crazy to stay out of the euro. John Maynard Keynes is good, Friedrich Hayek and Milton Friedman are no good. The state is the solution, not the problem. It already showers blessings on us and would shower many more if only we could overcome our misguided suspicions. Government regulation and high taxes are the way to make us happy.