John Howard

There will, in my view, come a time when there has to be some kind of political denouement inside China, because the newly enriched generation might put up with being told what to do by their rulers - but their children, who will take prosperity for granted, will not.

Long-term unemployment is particularly costly to those directly affected, of course. But in addition, because of its negative effects on workers' skills and attachment to the labor force, long-term unemployment may ultimately reduce the productive capacity of our economy.

To ask questions can become the laziest and wobbliest occupation of a mind, but when you must yourself answer the problem that you have posed, you will meditate your question with care and frame it with precision.